Highlights Campaign is anticipated to consist of two drill holes totaling approximately 1,200m in the Flin Flon Mining District to efficiently test two targets with significant potential upside; Drilling at the Big Island Project will test a high-priority 450m by 675m geophysical target located down-plunge from the high-grade Tara Lake Deposit; and [...]
VANCOUVER, Feb. 27, 2018 /CNW/ - Callinex Mines Inc. is pleased to announce that it has closed its previously announced non-brokered private placement financing to issue 5,709,170 flow-through shares at a price per share of $0.40 for gross proceeds of CAD $2.3 million . The net proceeds of the Offering will be used to conduct exploration [...]
/STATES/ VANCOUVER, Feb. 26, 2018 /CNW/ - Callinex Mines Inc. is pleased to announce that it has increased its previously announced non-brokered private placement financing to issue 5,750,000 flow-through shares at a price per share of $0.40 for gross proceeds of up to CAD $2,275,500 . The net proceeds of the Offering will be used to conduct [...]
Highlights Drill hole NC17-263 intersected 11.8m of 3.9% Zn Eq. and expanded the deposit to the east; Drill hole NC17-278 intersected three separate near-surface zones including 10.0m of 3.6% Zn Eq. and 9.0m of 3.3% Zn Eq.; and Drill hole NC17-280, the northernmost hole drilled as part of the expansion program, intersected 4.1m of 4.6% Zn Eq [...]
/STATES/ VANCOUVER, Feb. 1, 2018 /CNW/ - Callinex Mines Inc. is pleased to announce that it intends to complete non-brokered private placement of up to 3,750,000 flow-through shares at a price of $0.40 per share for gross proceeds of up to $1,500,000. The proceeds of the Offering will be used to conduct exploration activities on its portfolio of [...]
Vancouver, British Columbia - 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 19, 2018, the OTC Markets Group Inc. made the Company aware that certain independent third party articles, who [...]
Highlights Drill hole NC17-260 expanded the Nash Creek Deposit laterally and intersected 13.0m of 5.7% Zn Eq. starting at a depth of 72.0m including 5.0m of 11.8% Zn Eq.; High-grade mineralization intersected in hole NC17-260 is open for further expansion to the west and northwest towards the MacMillan Zone; and Drill hole NC17-254 intersected 9.0m [...]
Highlights Drill Hole NC-249, the northernmost hole, intersected extensive mineralization including 53.8m of 2.8% Zn Eq. starting at a depth of 18.5m including higher grade intervals; These drill four holes have expanded the lateral extent of the northernmost area of the Nash Creek Deposit up to 260m; and Plans to delineate the extent of the Nash [...]
Highlights Drill hole NC17-257 returned exceptional near-surface results with a 15.0m intersection grading 7.2% Zn Eq. including 9.0m of 11.1% Zn Eq. from a starting depth of 113.0m; Hole NC17-255 intersected 21.0m of 2.8% Zn Eq. including 9.0m of 5.5% Zn Eq. at a starting depth of 118.0m; and The Nash Creek Deposit has been expanded 600m north of [...]
Highlights Callinex completes maiden drilling campaign at the Big Island Project and intersects 7.9m of 2.5% Zn and 0.42 g/t Au; Borehole surveys identified a geophysical target with a strike extent of 450m and a plunge extent of 675m at the Tara Lake Deposit; and Drilling expanded the historic Baker Patton deposit with a 3.8m intersection grading [...]
Callinex Mines Inc.[ is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, I want to thank you on behalf of our entire team for your continued support of the Company. In 2017 we completed nearly 20,000m of diamond drilling within our zinc-rich project portfolio marking the busiest [...]
Highlights Drill hole SJ17-88 intersected 1.9m of massive sulphides grading 8.0% zinc equivalent mineralization in the newly discovered D Zone at the Superjack Project; A recently completed 44km surface pulse electromagnetic survey indicates there may be potential to expand mineralization at depth and along strike; and A total of 31 drill holes [...]
