Callinex Mines Inc.

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Callinex Mines, Inc. engages in the exploration and evaluation of mineral properties. It acquires, explores, develops, and evaluates zinc deposits. The firm's portfolio includes Nash Creek and Superjack projects in the Bathurst Mining District; Pine Bay and Flin Flon projects in the Flin Flon Mining District; and Point Leamington project in the Buchans Mining District. The company was founded by Jack Callinan and Michael Muzylowski in 1927 and is headquartered in Vancouver, Canada.

VANCOUVER, BC , Dec. 24, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that it has entered into a termination and assumption agreement (the "Termination Agreement") with Teck Resources Limited ("Teck") and Voyageur Mineral Explorers Corp. (VSE: VOY) ("Voyageur") whereby Teck (as a successor to Aur Resources Inc.) has agreed to terminate its back-in right to acquire up to an additional 90% of certain mineral claims of the Alberts Lake Property, Manitoba (the "Back-In Right"). Callinex holds an option to acquire a 100% interest in the Alberts Lake Property in accordance with the terms of an option agreement (the "Option Agreement") with Voyageur (see news release dated August 8, 2024 ).

Callinex Mines Announces Termination of Alberts Lake Back-In Right

VANCOUVER, BC , Nov. 20, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to provide a brief update of its continuing 2024 exploration campaign at the 100% owned Pine Bay Project (the "Project") located within the Flin Flon Mining District of Manitoba (Figure 1: Flin Flon District Overview). The recently consolidated Project area encompasses 11,859 hectares (approximately 120 square km) and benefits from a mineral lease, hydroelectric power, an historic 200m deep shaft and three base metal concentrators within trucking distance, with the closest being idle and 16km away in Flin Flon, MB.

Callinex Provides Update of its Continuing 2024 Exploration Campaign at the Pine Bay Project in the Flin Flon Mining District, MB

VANCOUVER, BC , Sept. 3, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that it has commenced the fully funded 2024 exploration campaign at the 100% owned Pine Bay Project (the "Project") located within the Flin Flon Mining District of Manitoba (Figure 1: Flin Flon District Overview).

Callinex Announces Commencement of 2024 Exploration Campaign at the Pine Bay Project Located in the Flin Flon Mining District, MB

VANCOUVER, BC , Aug. 8, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce the closing of its previously announced option agreement (the "Option Agreement") with Voyageur Mineral Explorers Corp. ("Voyageur") whereby the Company has optioned a 100% interest in the Alberts Lake Project, Manitoba (see news release dated May 20, 2024 ). Under the terms of the option agreement, Callinex will acquire a 100% interest in the Alberts Lake Project by making the following share issuances to Voyageur: $75,000 of common shares on the date of TSX Venture Exchange acceptance; $125,000 of common shares on the first anniversary; $150,000 of common shares on the second anniversary; $150,000 of common shares on the third anniversary; and $150,000 of common shares on the fourth anniversary.

Callinex Mines Closes Option Agreement on Alberts Lake Project

VANCOUVER, BC , July 24, 2024 /PRNewswire/ -  Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce the closing of its previously announced non-brokered private placement of $2,094,409 (the "Financing"), which represents an oversubscription of $594,409 of the originally announced financing (see news release dated July 10, 2024). The Financing consists of (i) 753,412 hard dollar units (the "HD Units") at a price of C$1.25 per HD Unit (the "HD Offering Price") for gross proceeds of up to C$941,765; and (ii) 543,700 Manitoba flow-through units (the "FT Units") at a price of C$2.12 per FT Unit (the "MB FT Offering Price") for gross proceeds of up to $1,152,644.

Callinex Mines Closes Oversubscribed $2.1 million Private Placement Financing

VANCOUVER, BC , July 10, 2024 /PRNewswire/ -  Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) pleased to announce a non-brokered private placement of up to $1.5 million (the "Offering"). The Offering will be used to fund a drilling campaign at the Company's 100% owned Pine Bay Project to expand the Descendent discovery and test other high-priority target areas (see news release dated May 22, 2024 ).

Callinex Mines Announces $1.5 million Private Placement Financing for Exploration Campaign at Pine Bay Project, MB

Highlights: Callinex has received a $250,000 grant from the Manitoba Mineral Development Fund ("MMDF") to advance the Pine Bay Project; Proceeds from grant will fund various long lead items to support permitting and future mine development; Company has received over $1m in grants from MMDF to advance high-grade copper discoveries at Pine Bay since 2020; and MMDF is aimed to jump-start mineral and economic development initiatives that capitalize on existing infrastructure. VANCOUVER, BC , May 28, 2024 /PRNewswire/ -  Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce the Company has received a $250,000 grant from the Manitoba Mineral Development Fund ("MMDF") to complete long lead items to support permitting and future mine development at the 100% owned Pine Bay Project, located 16 kms away from Flin Flon, Manitoba.

Callinex Receives $250,000 Grant from Manitoba Mineral Development Fund

Highlights: Widely spaced step-out planned to test Descendent deposit down the plunge to vector towards high-grade copper VMS mineralization; MT geophysical survey data supports exploration thesis Descendent sits at the hinge of a fold nose indicating the potential of a wider lens of mineralization; New target areas, Poseidon and Ra, outline the potential to host near surface discoveries along strike from existing Rainbow and Pine Bay deposits; and Large resistivity low from MT survey provides additional support and strengthens target area Odin. VANCOUVER, BC , May 22, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to outline its 2024 exploration targets at the 100% owned Pine Bay Project (the "Project") located within the Flin Flon Mining District of Manitoba ( Figure 1: Flin Flon District Overview ).

Callinex Announces 2024 Exploration Targets at the Pine Bay Project Located in the Flin Flon Mining District, MB

Highlights: Acquired and staked ground consolidates the largest felsic volcanic rock package in the Flin Flon Greenstone Belt, the host rock for the majority of the historic copper/gold/zinc/silver VMS mines in the Flin Flon and Snow Lake regions; Newly acquired ground hosts one gold deposit and a relatively recently interpreted growth fault corridor known to control and host at least two historic near-surface copper-rich VMS deposits and numerous Cu-Zn VMS occurrences; Growth fault corridor that hosts those two historic resources is similar to a parallel growth fault corridor that hosts Rainbow, Pine Bay, Descendent and other deposits 3km to the south; and Ground has been subject to limited very shallow exploration drilling on limited portions of the large land package. VANCOUVER, BC , May 20, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce it has signed an option agreement with Voyageur Mineral Explorers Corp. ("Voyageur") to acquire a 100% interest in the Alberts Lake Project and staked additional claims to grow the Company's flagship 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba (Flin Flon District Overview Map).

Callinex Doubles Size of Pine Bay Project with Acquisition of Highly Prospective Exploration Land Package in Manitoba

Highlights: MT results provide support that Descendent deposit continues at depth; A second very strong resistivity low anomaly starting 350m below surface interpreted to reveal large target areas along VMS horizons that host the Rainbow and Pine Bay VMS deposits ; Conductive borehole pulse electromagnetic anomalies further strengthens target areas identified by MT survey; and MT survey data from the Pine Bay and Odin survey lines are being processed and will be released in the very near future. VANCOUVER, BC , April 15, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce results from the recently completed magnetotelluric ("MT") geophysical survey  on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( See news release dated January 29, 2024 ).

Callinex Announces Magnetotelluric ("MT") Geophysical Survey Results over the Descendent Copper-Gold-Silver-Zinc Discovery at the Pine Bay Project

Highlights: Initial results have tight correlation with known Pine Bay deposit and structure; Preliminary survey has identified a large target at depth on the Pine Bay horizon which could potentially represent the fold limb of the Descendent; MT survey is currently being expanded with longer survey lines over the Pine Bay, Descendent and Alchemist deposits and target area Odin; and Survey being completed to provide additional information about the depth, location and potential of the deposits at the Project. VANCOUVER, BC , March 4, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce preliminary results from the recently announced  magnetotelluric ("MT") geophysical survey  on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( See news release dated January 29, 2024 ).

Callinex Announces Preliminary Magnetotelluric (MT) Geophysical Survey Results at the Pine Bay Project, Flin Flon Mining District, MB

Highlights: MT survey planned to cover the Rainbow, Pine Bay, Descendent and Alchemist deposits and target area Odin; Survey being completed to provide additional information about the depth, location and potential of the deposits at the Project; and Survey will add to Callinex's robust geophysical data set and further aid exploration as the Company focuses on expanding its numerous high-grade discoveries. VANCOUVER, BC , Jan. 29, 2024 /PRNewswire/ -  Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that the Company is in the process of completing a magnetotelluric ("MT") geophysical survey  on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( Pine Bay Project Plan View with Proposed MT Survey Lines ).

Callinex Announces Magnetotelluric (MT) Geophysical Survey at the Pine Bay Project, Flin Flon Mining District, MB

Highlights: New drill hole DSC-112-W1 is a 125m step-out from Descendent discovery hole DSC-111; DSC-112-W1 intersects multiple Cu-Zn-Au-Ag zones including 7.00m of 1.71% CuEq and 9.0m of 0.65% CuEq; Grades intersected at Descendent are comparable to grades intersected at the top of the nearby Rainbow deposit; Recent intersection confirms a previously identified large geophysical target that projects along strike to the northeast for 340m and at depth for 840m; and Plans underway for an exploration campaign to define the size and extent of the Descendent. VANCOUVER, BC , Jan. 22, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to provide results from the recently completed drilling to expand the new high-grade copper, zinc, gold and silver Descendent discovery at the 100% owned Pine Bay Project located in the Flin Flon Mining District of Manitoba.

Callinex Intersects the Descendent in 125m Step-out at the Pine Bay Project, MB

VANCOUVER, BC , Jan. 18, 2024 /PRNewswire/ -  Callinex Mines Inc. ("Callinex" or "the Company") (TSXV: CNX) (OTCQX: CLLXF) is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, I'm writing to you today with greater enthusiasm and conviction than ever before as our team defines our remarkable portfolio of base and precious metals rich deposits and advances extraordinary new mineral discoveries. The milestones achieved last year solidified several years of exploration and established a foundation for significant growth far beyond what we have achieved to date.

Callinex Issues Annual Letter to Shareholders

Highlights: New drill hole DSC-112 is a 200m step-out from Descendent discovery; The Descendent contains four Cu-Zn-Au-Ag bearing mineralized lenses; and Large geophysical target associated with intersections that projects along strike to the northeast for 340m and at depth for 840m. VANCOUVER, BC , Oct. 5, 2023 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that the Company has commenced immediate step-out drilling to define the new high-grade copper, zinc, gold and silver Descendent discovery at the Company's 100% owned Pine Bay Project (the "Project"), located near Flin Flon, MB ( See news release dated September 12, 2023 ) ( Pine Bay Project Plan View ).

Callinex Commences Step-out Drilling on Descendent Discovery at the Pine Bay Project, MB

Highlights: New discovery called the "Descendent" contains four Cu-Zn-Au-Ag bearing mineralized lenses; Large geophysical target associated with intersection that projects along strike to the southwest for 400m and at depth for 850m; Abundance of Zn-Au-Ag indicates potential intersection at edge of a VMS system similar to Cu rich Rainbow deposit; Located within mineral lease and situated 550m, 1.4km and 2.9km from the Pine Bay, Rainbow and Alchemist deposits, respectively; and Fully funded drill campaign will undertake an immediate step-out program at the Descendent. VANCOUVER, BC , Sept.

Callinex Discovers Four Copper-Zinc-Gold-Silver Rich VMS Lenses in a Single Drill Hole at the Pine Bay Project, MB

Highlights: Filed NI 43-101 technical report to support the high-grade copper maiden mineral resource estimate for its Pine Bay Project; Completed 6,455m of drilling as part of the fully funded 2023 exploration campaign and awaits results; and Callinex receives a $500,000 grant from the Manitoba Mineral Development Fund to advance the discoveries at Pine Bay . VANCOUVER, BC , Aug. 28, 2023 /PRNewswire/ -  Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that it has filed on SEDAR a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report (the "Technical Report") to support the high-grade copper maiden mineral resource estimate for its 100% owned Pine Bay Project (the "Project") in Manitoba, previously announced in the Company's news release dated July 10, 2023.

Callinex Files Technical Report Regarding its High-Grade Mineral Resource Estimate and Provides Exploration Update at its Pine Bay Project in Manitoba

Highlights: Rainbow deposit Indicated Mineral Resource of 3.44 Mt at 3.59% CuEq and Inferred Mineral Resource of 1.28 Mt at 2.95% CuEq; Pine Bay deposit Inferred Mineral Resource of 1.0 Mt at 2.62% Cu; Fully funded 20,000m drilling is ongoing to explore in depth and to further define parallel deposit targets at the Project; and Table 1 and Table 2 below provide further information of the mineral resources estimate together with sensitivity to cut-off grades and determination of CuEq. VANCOUVER, BC , July 10, 2023 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTC: CLLXF) is pleased to announce a high-grade copper maiden mineral resource estimate for its 100% owned Pine Bay Project (the "Project") in Manitoba.

Callinex Announces High-Grade Copper Maiden Mineral Resource Estimate at its Pine Bay Project in Manitoba

VANCOUVER, BC , March 27, 2023 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that it has commenced its 2023 drilling campaign (the "Campaign") at its Pine Bay Project (the "Project") located 16km from Flin Flon, MB (District Overview Map). Phase one of the fully funded campaign is budgeted for up to 10,000 meters of drilling that will focus on testing the Rainbow Deposit (the "Rainbow") at depth as well as follow-up on the Alchemist discovery, the Odin target area and test other recently identified exploration targets ( See news release dated January 30, 2023 ).

Callinex Commences 2023 Exploration Campaign at the Pine Bay Project Located in the Flin Flon Mining District of Manitoba

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Callinex Mines Inc. Announces Upsized $8.2 Million Private Placement

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Callinex Mines Inc. Announces $7 Million Private Placement

Highlights: Most notably, led the development and construction of several mines in the Flin Flon Greenstone Belt, including two of the largest, the 777 mine as well as the discovery and initial development of the Lalor mine; Instrumental in the development and transformation of HudBay into a substantial international mining company ; and Will assist the Company in advancing Pine Bay and other Callinex projects through the next stages of development.  VANCOUVER, BC , Feb. 6, 2023 /PRNewswire/ -  Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce it has appointed mining engineer and entrepreneur Peter R.

Callinex Appoints Former HudBay CEO Peter R. Jones to Technical Team

Highlights: The Company has identified high priority exploration targets at depth on the Rainbow deposit where it remains open for expansion; Modeling of BPEM data at Alchemist indicates numerous anomalies for follow up drilling; High-grade gold and silver mineralization provides optimism at target area Odin; and Opportunity to build a high-grade copper/gold resource on the Cabin Horizon. VANCOUVER, BC , Jan. 30, 2023 /PRNewswire/ -  Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to outline its 2023 exploration targets at the 100% owned Pine Bay Project (the "Project") located within the Flin Flon Mining District of Manitoba.

Callinex Announces 2023 Exploration Targets at the Pine Bay Project Located in the Flin Flon Mining District, MB

Highlights: The Company has received all pending assay results related to 2022 drilling at the Rainbow deposit; Over 42,000m of drilling across 82 drill holes completed at the deposit area since discovery in 2020; Awaiting maiden NI 43-101 resource estimate on Rainbow deposit within the first 800m of surface and updated resource on historic Pine Bay deposit; and The Rainbow deposit remains open for expansion at depth. VANCOUVER, BC , Jan. 23, 2023 /PRNewswire/ -  Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that it has received final results from of the 2022 exploration campaign to expand and delineate the high-grade copper, gold, silver and zinc Rainbow deposit (the "Rainbow").

Callinex Receives Final Drill Assays and Awaits Maiden Resource Estimate on Rainbow Deposit Located in the Flin Flon Mining District, MB

Highlights: PBM-177 intersected 33.67m of 4.29% copper, 0.22 g/t gold, 4.63g/t silver and 0.31% zinc including 10.47m of 5.90% copper, 14.43m of 5% copper and 7m of 6.38% copper;   PBM-178 extends the Yellow zone with 7.40m of 7.06% copper and infills the Orange zone with 8.45m of 6.18% copper; PBM-175 intersected 16m of 2.85% copper, 0.24 g/t gold; and PBM-176 expands the Orange and Yellow zones with 3.50m of 2.99% copper eq. and 3m of 1.96% copper eq.

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