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 [...]
Callinex Mines Inc. is pleased to announce results from an additional drilling from the 2021 exploration campaign to expand the high-grade copper, gold, silver and zinc Rainbow Deposit. The Rainbow is located at the 100% owned Pine Bay Project within a mineral lease, less than 250m from a high-voltage hydroelectric power-line and 550m from a [...]
Highlights: Three high-priority targets identified by modern Induced Polarization and Surface Pulse Electromagic Surveys; Callinex previously utilized these modern IP and SPEM surveys to locate the high-grade Rainbow deposit; and The 5.5km trend currently hosts the high-grade Rainbow deposit, Sourdough deposit and past-producing Centennial Mine [...]
Highlights: Rainbow open at depth with deepest intercept at Rainbow to date, a 225m step-out from previous deepest hole ; Subsequent borehole EM survey supports the extension of Rainbow at depth; and Multiple near surface copper-gold-zinc assays at the newly discovered Red Zone. Callinex Mines Inc. is pleased to announce results from an additional [...]
Callinex Mines Inc. is pleased to announce the initiation of trading on the OTCQX. The OTCQX Best Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade Callinex shares under the ticker symbol CLLXF. The OTCQX Best Market is OTC Markets Group's premier market for established, investor-focused U.S. and [...]
Callinex Mines is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, What a difference a year makes! We enter the New Year on the heels of the most successful year in the Company's history. We'd like to extend our sincere gratitude to our shareholders, stakeholders and employees that [...]
Highlights: 37 drill holes totalling over 17,000m of drilling at the Pine Bay Project are pending results from the assay laboratory; This year 64 holes have been drilled totalling 34,250m which focused on expanding the Rainbow Deposit to the surface and test exploration targets; and 12 holes encompassing 3,320m of drilling at the Nash Creek Project [...]
Highlights: Pit-Constrained Indicated Mineral Resource Estimate of 5.0 Mt grading 2.49 g/t AuEq and Inferred Mineral Resource Estimate of 13.7 Mt grading 2.24 g/t AuEq; Out-of-Pit Inferred Mineral Resource Estimate of 1.7 Mt grading 3.06 g/t AuEq; and The last exploration drilling campaign expanded a high-grade zinc-gold zone which intersected [...]
Callinex Mines Inc. is pleased to announce additional drill results from the ongoing 30,000m drilling campaign to expand the high-grade copper, gold, silver and zinc Rainbow Deposit. The Rainbow is located at the 100% owned Pine Bay Project within a mineral lease, less than 250m from a high-voltage hydroelectric power-line and 550m from a historic [...]
Callinex Mines Inc. is pleased to announce additional drill results from the ongoing 30,000m drilling campaign to expand the high-grade copper, gold, silver and zinc Rainbow Deposit. The Rainbow is located at the 100% owned Pine Bay Project within a mineral lease, less than 250m from a high-voltage hydroelectric power-line and 550m from a historic [...]