Highlights: Multiple highly conductive anomalies identified off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization; These anomalies are interpreted to occur within the Centennial mine horizon, which hosts the past producing Centennial Mine and the Sourdough VMS deposit; and The location, modeled size and conductivity of these anomalies represent an exceptional exploration opportunity [...]
Highlights: Drill hole NC20-313 intersected 28.6m of 57 g/t Ag at a vertical depth of 120m including two 6m intervals of 140 g/t Ag and 88.5 g/t Ag; NC20-313 is located 2.8 km along strike south of Nash Creek Deposit and only the second drill hole to test an 11 km unexplored trend south of the deposit; and The hole is located 6.8 kms along strike to the north of drill hole NC19-306 which intersected 19m of 36.53 g/t Ag [...]
Highlights: Drill hole NC19-306 intersected 19m of 36.53 g/t Ag, 0.52% Pb and 0.38% Zn at a starting depth of 34.0m including 3m of 130 g/t Ag, 0.98% Pb and 0.16% Zn; This new silver zone was discovered 9.6 kms along strike from Nash Creek deposit - the only hole to test the mineralized trend; and Drill holes NC19-309, NC19-310 and NC19-311 intersected near surface zinc and lead mineralization over a 1.1km trend across [...]
Callinex Mines Inc. is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, On behalf of the Callinex team, I want to thank you for your support over the past year as we move forward into 2020. The hard work by our team throughout 2019 was culminated by the commencement of two ongoing drilling campaigns at our Nash Creek and Superjack projects in the Bathurst [...]
Highlights: 2019 Flin Flon drilling campaign underway to drill test four targets, totaling 3,000m at the Pine Bay Project; Drilling to follow up on recently completed Induced Polarization survey and reinterpretation of historic Electromagnetic and geological data; and Recent physical rock property results further define target areas. Callinex Mines Inc. is pleased to announce that it has commenced its 2019 fall drilling [...]
Highlights: 2019 Bathurst drilling campaign underway to complete up to 5,000m at the Nash Creek and Superjack projects; Primary objective of the Campaign is to test IP and VTEM targets identified at the Nash Creek Project; and Drilling at Superjack Project to follow up the newly discovered "D" zone. Callinex Mines Inc. is pleased to announce that it has commenced its 2019 Bathurst drilling campaign to complete up to [...]
Callinex Mines Inc. announces that it has closed its previously announced non-brokered private placement by issuing 2,020,000 units at a price of $0.50 per Unit for proceeds of $1,010,000. Each Unit consists of one flow-through common share and one-half of one non-flow-through share purchase warrant , with each whole Warrant entitling the holder to purchase one additional share at a price of $1.00 per share until [...]
Callinex Mines Inc. is pleased to announce that it intends to complete a non-brokered private placement of up to 2,000,000 units at a price of $0.50 per Unit for gross proceeds of up to $1,000,000. Each Unit will consist of one flow-through common share and one-half of one non-flow-through share purchase warrant , with each whole Warrant entitling the holder to purchase one additional share at a price of $1.00 per share [...]
Highlights: District scale IP survey has identified 14 priority drill targets that require follow up; Review of historic airborne VTEM geophysical survey has identified six target areas; and A field program is underway to complete DC/IP, ground EM, seismic and gravity profiles over selected VTEM target areas. Callinex Mines Inc. is pleased to provide an exploration update for drill targeting at the Company's 100% owned [...]
Callinex Mines Inc. announces that, as a result of a review by the British Columbia Securities Commission , Callinex is issuing the following news release to clarify its disclosure relating to the Technical Report on its Point Leamington Property, Newfoundland, Canada dated August 15, 2016 prepared by Tetra Tech Inc., an independent consulting and engineering service company. After a review of the Report by the BCSC [...]
Callinex Mines Inc. announces that further to the Company's news release dated June 19, 2019 the consolidation of its issued and outstanding common shares at a ratio of ten pre-consolidated shares to one post-consolidation share will take effect on opening of business on July 4. The Company's new CUSIP number is 13124L701 and its new ISIN number is CA13124L7016. Following the Consolidation, the Company's issued and [...]
Callinex Mines Inc. announces that it plans to consolidate its issued and outstanding common shares at a ratio of ten pre-consolidated shares to one post-consolidation share. The purpose of the Consolidation is to facilitate the Company's ability to attract future financings and generate greater investor interest. The Company currently has 86,355,772 common shares issued and outstanding. Upon completion of the [...]