Highlights: The Company has identified high priority exploration targets at depth on the Rainbow deposit where it remains open for expansion; Modeling of BPEM data at Alchemist indicates numerous anomalies for follow up drilling; High-grade gold and silver mineralization provides optimism at target area Odin; and Opportunity to build a high-grade [...]
Callinex Mines Inc. has been made aware of and has been requested by the OTC Markets Group Inc. to comment on recent trading and promotional activity related to the Company's common shares. On or about January 23, 2023, the OTC Markets made the Company aware that certain promotional emails were published by Wealth Global Group discussing the [...]
Highlights: The Company has received all pending assay results related to 2022 drilling at the Rainbow deposit; Over 42,000m of drilling across 82 drill holes completed at the deposit area since discovery in 2020; Awaiting maiden NI 43-101 resource estimate on Rainbow deposit within the first 800m of surface and updated resource on historic Pine [...]
Callinex Mines Inc. is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, We are pleased to enter 2023 on the heels of another year of exciting results and key milestones to come. None of this would be possible without the continued support of our dedicated shareholders, stakeholders [...]
Highlights: PBM-177 intersected 33.67m of 4.29% copper, 0.22 g/t gold, 4.63g/t silver and 0.31% zinc including 10.47m of 5.90% copper, 14.43m of 5% copper and 7m of 6.38% copper; PBM-178 extends the Yellow zone with 7.40m of 7.06% copper and infills the Orange zone with 8.45m of 6.18% copper; PBM-175 intersected 16m of 2.85% copper, 0.24 g/t gold [...]
Highlights: Last hole to intersect the discovery, ALC-114, returned 4.40m of 4.02% CuEq including 1.60% copper, 5.14% zinc, 0.40 g/t gold and 21.78 g/t silver; The Alchemist exhibits a minimum strike length of 140m and remains open for expansion in multiple directions; Alchemist is located at that the base of growth fault at Pine Bay and analogous [...]
Highlights: One drill rig has completed 11 holes to define the Rainbow in anticipation of a NI 43-101 resource estimate on the deposit; A second rig has begun to test three of the five previously announced target areas; and Assays pending on all holes from the current drill campaign. Callinex Mines Inc. is pleased to announce that it has completed [...]
Highlights: One drill rig will focus on continuing to define the Rainbow in anticipation of a 43-101 resource estimate on the deposit; and A second rig will test geophysical targets identified at the base of the interpreted growth fault that hosts Rainbow and five other deposits and along the trend that also hosts the Sourdough deposit and [...]
Callinex Mines Inc. is pleased to announce that it has closed its fully subscribed non-brokered private placement for gross proceeds of C$6.24 million . The Offering will be used to fund the ongoing drill campaign at the Rainbow Deposit, Pine Bay, Manitoba. Max Porterfield, President and CEO stated, "The Company is now fully funded and focused on [...]
Callinex Mines Inc. is pleased to announce that, due to strong demand, it has increased the size of its previously announced non-brokered private placement from C$4.22 million to C$6.24 million . The Offering will be used to fund the ongoing drill campaign at the Rainbow Deposit, Pine Bay, Manitoba. The Offering will now consist of up to 453,446 [...]
Callinex Mines pleased to announce a non-brokered private placement of up to $4.22 million. The Offering will be used to fund the ongoing drill campaign at the Rainbow Deposit, Manitoba. The Offering will consist of up to 321,544 hard dollar units at a price of C$3.11 per HD Unit for gross proceeds of up to C$1 million; and up to 644,000 Manitoba [...]
Highlights: Exploration along base of interpreted growth fault has intersected millrock and discovered a new copper, zinc, gold and silver bearing VMS horizon; Drill hole PBM-166 intersected 1.5m of massive sulphides with elevated copper, zinc, gold and silver; A Borehole EM survey completed in PBM-166 identified a highly conductive 130m by 400m [...]
