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Last €0.23 EUR
Change Today -0.003 / -1.28%
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As of 2:11 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

callinex mines inc (CAX) Snapshot

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callinex mines inc (CAX) Details

Callinex Mines Inc. engages in the acquisition, exploration, and development of mineral properties in the provinces of Manitoba and British Columbia, Canada. It explores for volcanogenic massive sulfide deposits, copper, gold, graphite, zinc, lead, and nickel. The company primarily focuses on carrying out exploration activities on the Flin Flon and Pine Bay properties located in the Flin Flon Mining area. Its properties also comprise Gossan/Rug claims, Sneath Lake property, Coles Creek property, Fox River property, Moak Lake property, Norris Lake property, the Herblet Lake property, the Island Lake property, and the Pulver Lake property. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

Founded in 2011

callinex mines inc (CAX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$40.0K
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

callinex mines inc (CAX) Key Developments

Callinex Mines Inc. Announces Executive Appointments

Callinex Mines Inc. announced that it has appointed Alan Vowles and J.J. O'Donnell to the company's technical team. Mr. Vowles and Mr. O'Donnell have more than 50 years of combined experience with expertise in exploring for copper, zinc, gold and silver rich VMS deposits within the Flin Flon Greenstone Belt. The company is currently utilizing Mr. Vowles to review all geophysical data while Mr. O'Donnell is providing oversight on planned drill holes for the upcoming Phase Two drilling campaign, which is anticipated to commence in July. Recently, Mr. Vowles was a member of the team presented with the 2009 Bill Dennis PDAC Prospector of the Year award for his role in the discovery of HudBay's Lalor Mine. Prior to this, JJ served as a Senior Mine Geologist for HudBay's 777 Mine. Mr. O'Donnell currently serves as Vice President of Exploration for Selywn Chihong Mining and has led a major expansion of the world-class Howards Pass Lead-Zinc Project, located in the Yukon, Canada.

Callinex Mines Inc. Receives Work Permits for Phase Two Drilling at its Pine Bay and Flin Flon Projects

Callinex Mines Inc. announced that it has received work permits for the upcoming Phase Two drilling campaign at its Pine Bay and Flin Flon projects, located near Flin Flon, Manitoba. The company plans to drill seven holes totaling a minimum of 2,500 meters with the objective to discover new VMS mineralization rich in copper, zinc, gold and silver. It is anticipated that the drilling campaign will commence this July and be completed before the end of August. The work permits are valid until March 31, 2016 and allow for up to twelve drilling locations over seven target areas. The permits also allow for additional geophysical grids to be completed in select areas. The company may seek to amend these permits to include additional drill locations or geophysical grids based on exploration results.

Callinex Mines Inc. Provides Interim Exploration Update on its Pine Bay and Flin Flon Projects Near Flin Flon, Manitoba

Callinex Mines Inc. provided an interim exploration update on its Pine Bay and Flin Flon projects, located near Flin Flon, Manitoba. The company is currently finalizing drill targets for the upcoming Phase Two campaign, which is scheduled to commence in July and anticipated to complete seven holes totaling a minimum of 2,500 meters. At present, four holes are planned in the Sourdough area of the Pine Bay Project and one hole in the We Lake area of the Flin Flon Project. The company has identified four additional drill targets with potential for summer drilling and awaiting results from ongoing geophysical work before finalizing the program. A total of 36 target areas have been identified at the Pine Bay and Flin Flon projects. These areas have been identified and ranked based on the recently compiled drilling database, prospective geological areas and new geophysical data. In total, more than 1,000 holes have been digitized and incorporated into the company's database since calendar fourth quarter of 2014. The ongoing geophysical program has included re-interpretation of modern airborne geophysics, completion of approximately 100 line km of ground geophysics and four borehole geophysical surveys. Additionally, the company has submitted an application to receive up to $200,000 in funding through the Mineral Economic Assistance Program (MEAP) that would relate to the Phase Two drilling program.


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