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Last C$0.33 CAD
Change Today -0.015 / -4.41%
Volume 145.8K
As of 3:59 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

callinex mines inc (CNX) Snapshot

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03/4/15 - C$0.40
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callinex mines inc (CNX) 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 (CNX) 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 (CNX) Key Developments

Callinex Mines Inc. Commences Drilling Near Flin Flon, Manitoba

Callinex Mines Inc. announced that it has commenced its Phase Two drilling campaign near Flin Flon, Manitoba. The campaign is planned to include five holes totaling approximately 2,500 m between the company's 100% owned Pine Bay and Flin Flon projects. The objective of the drilling campaign is to discover high-grade copper and zinc rich massive sulfide mineralization within close proximity to HudBay's 777 Mine. The company plans to test several newly identified geophysical targets located at depth and along strike of the Sourdough deposit at the Pine Bay Project. These new targets were identified earlier this year based on modern geophysical technology and have significant potential to represent massive sulphide mineralization. In particular, target PB-10 represents a large and highly conductive untested geophysical target beneath the deposit at a starting depth of 350m and trends along strike towards HudBay's Centennial Mine. The Sourdough deposit area is highly prospective based on modern geophysical targets, high-grade mineralization and limited historic drilling. The majority of historic drilling was completed before 1950 and the deposit area has not been drilled based on modern geophysics. Callinex has identified significant exploration potential between HudBay's past producing Centennial Mine, located approximately 2km to the southwest, and the Sourdough deposit. Both the Centennial Mine and Sourdough deposit host significant high-grade copper-zinc-gold-silver mineralization. Depending on results from drilling at the Sourdough deposit, the Company has outlined three additional drill targets between the Pine Bay and Flin Flon projects that are accessible this summer. These targets were also identified through the 2015 geophysical program and are located near mapped rhyolites with limited or no drilling previously completed.

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.


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