Highlights: New drill hole DSC-112-W1 is a 125m step-out from Descendent discovery hole DSC-111; DSC-112-W1 intersects multiple Cu-Zn-Au-Ag zones including 7.00m of 1.71% CuEq and 9.0m of 0.65% CuEq; Grades intersected at Descendent are comparable to grades intersected at the top of the nearby Rainbow deposit; Recent intersection confirms a [...]
Callinex Mines Inc. is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, I'm writing to you today with greater enthusiasm and conviction than ever before as our team defines our remarkable portfolio of base and precious metals rich deposits and advances extraordinary new mineral [...]
Highlights: New drill hole DSC-112 is a 200m step-out from Descendent discovery; The Descendent contains four Cu-Zn-Au-Ag bearing mineralized lenses; and Large geophysical target associated with intersections that projects along strike to the northeast for 340m and at depth for 840m. Callinex Mines Inc. is pleased to announce that the Company has [...]
Highlights: New discovery called the "Descendent" contains four Cu-Zn-Au-Ag bearing mineralized lenses; Large geophysical target associated with intersection that projects along strike to the southwest for 400m and at depth for 850m; Abundance of Zn-Au-Ag indicates potential intersection at edge of a VMS system similar to Cu rich Rainbow deposit [...]
Highlights: Filed NI 43-101 technical report to support the high-grade copper maiden mineral resource estimate for its Pine Bay Project; Completed 6,455m of drilling as part of the fully funded 2023 exploration campaign and awaits results; and Callinex receives a $500,000 grant from the Manitoba Mineral Development Fund to advance the discoveries [...]
VANCOUVER, BC, July 10, 2023 /CNW/ - Trading resumes in: Company: Callinex Mines Inc. TSX-Venture Symbol: CNX All Issues: Yes Resumption : 11:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national [...]
Highlights: Rainbow deposit Indicated Mineral Resource of 3.44 Mt at 3.59% CuEq and Inferred Mineral Resource of 1.28 Mt at 2.95% CuEq; Pine Bay deposit Inferred Mineral Resource of 1.0 Mt at 2.62% Cu; Fully funded 20,000m drilling is ongoing to explore in depth and to further define parallel deposit targets at the Project; and Table 1 and Table 2 [...]
Callinex Mines Inc. is pleased to announce that it has commenced its 2023 drilling campaign at its Pine Bay Project located 16km from Flin Flon, MB . Phase one of the fully funded campaign is budgeted for up to 10,000 meters of drilling that will focus on testing the Rainbow Deposit at depth as well as follow-up on the Alchemist discovery, the Odin [...]
Callinex Mines Inc. is pleased to announce that it has closed the previously announced brokered private placement offering for gross proceeds of approximately $9.4 million, including the partial exercise of the over-allotment. The Offering was conducted by Research Capital Corporation as lead agent and sole bookrunner, on behalf of a syndicate of [...]
Callinex Mines Inc. is pleased to announce that it is increasing the size of its previously announced brokered private placement offering for gross proceeds of up to $8,200,000 in securities of the Company. The Offering is being conducted by Research Capital Corporation to act as lead agent and sole bookrunner, on behalf of a syndicate of agents [...]
Callinex Mines Inc. is pleased to announce that it has entered into an agreement with Research Capital Corporation to act as lead agent and sole bookrunner, on behalf of a syndicate of agents, including Beacon Securities Limited and Clarus Securities Inc. , on a best-efforts basis, for a private placement offering of an aggregate of up to [...]
Highlights: Most notably, led the development and construction of several mines in the Flin Flon Greenstone Belt, including two of the largest, the 777 mine as well as the discovery and initial development of the Lalor mine; Instrumental in the development and transformation of HudBay into a substantial international mining company; and Will assist [...]