Callinex Mines Inc.

VANCOUVER, June 7, 2018 /CNW/ - Callinex Mines Inc.   is pleased to announce that it has filed a NI 43-101 Technical Report for its 100% owned Nash Creek Project located within the Bathurst Mining District of New Brunswick. The updated resource estimate outlined a major increase in contained zinc, lead and silver mineralization within Indicated and Inferred categories . The Technical Report can be viewed by clicking here [...]

PEA Highlights: Average annual production of 77M pounds of zinc, 15M pounds of lead and 437K ounces of silver over a ten year mine life; Life of Mine undiscounted pre-tax net cash flow of C$483M ; Pre-tax IRR of a 34.1% and a pre-tax NPV8% of C$230M with a payback period of 2.4 years ; LOM all-in sustaining costs of C$0.37 per pound of zinc produced, net by-product credits; Total pre-production capital costs of C$168 [...]

Highlights Independent NI 43-101 mineral resource estimate has outlined a major increase in contained zinc, lead and silver at the Company's 100% owned Nash Creek Project; Indicated zinc equivalent pounds have increased by 74%, to 963 million pounds, and inferred zinc equivalent pounds have increased by 385%, to 407 million pounds; and Callinex expects to publish a maiden Preliminary Economic Assessment next month that [...]

Highlights Final drill results received where 13 of 15 reported drill holes intersected significant zinc mineralization; Drill hole NC17-261 intersected 23.0m of 4.2% Zn Eq. from a starting depth of 11.0m including 8.3m of 6.0% Zn Eq.; and Callinex expects to release an updated NI 43-101 Mineral Resource Estimate within 15 days and PEA in late-May. VANCOUVER, April 4, 2018 /CNW/ - Callinex Mines Inc.   is pleased to [...]

VANCOUVER, March 28, 2018 /CNW/ - Callinex Mines Inc. is pleased to announce that it has completed a 450 line-kilometer drone magnetic survey to provide high-resolution data over the current mineral resources at the Company's 100% owned Nash Creek Project within the Bathurst Mining District of New Brunswick. The Nash Creek Deposit is related to structurally controlled near vertical faults that channeled fluids before [...]

Highlights Campaign is anticipated to consist of two drill holes totaling approximately 1,200m in the Flin Flon Mining District to efficiently test two targets with significant potential upside; Drilling at the Big Island Project will test a high-priority 450m by 675m geophysical target located down-plunge from the high-grade Tara Lake Deposit; and The Company will test its Hook Lake Target, a target that has been [...]

VANCOUVER, Feb. 27, 2018 /CNW/ - Callinex Mines Inc.  is pleased to announce that it has closed its previously announced non-brokered private placement financing to issue 5,709,170 flow-through shares at a price per share of $0.40 for gross proceeds of CAD $2.3 million . The net proceeds of the Offering will be used to conduct exploration activities on its portfolio of zinc-rich assets in the Bathurst and Flin Flon mining [...]

/STATES/ VANCOUVER, Feb. 26, 2018 /CNW/ - Callinex Mines Inc.  is pleased to announce that it has increased its previously announced non-brokered private placement financing to issue 5,750,000 flow-through shares at a price per share of $0.40 for gross proceeds of up to CAD $2,275,500 . The net proceeds of the Offering will be used to conduct exploration activities on its portfolio of zinc-rich assets in the Bathurst and [...]

Highlights Drill hole NC17-263 intersected 11.8m of 3.9% Zn Eq. and expanded the deposit to the east; Drill hole NC17-278 intersected three separate near-surface zones including 10.0m of 3.6% Zn Eq. and 9.0m of 3.3% Zn Eq.; and Drill hole NC17-280, the northernmost hole drilled as part of the expansion program, intersected 4.1m of 4.6% Zn Eq. VANCOUVER, Feb. 14, 2018 /CNW/ - Callinex Mines Inc.  is pleased to announce [...]

/STATES/ VANCOUVER, Feb. 1, 2018 /CNW/ - Callinex Mines Inc.  is pleased to announce that it intends to complete non-brokered private placement of up to 3,750,000 flow-through shares at a price of $0.40 per share for gross proceeds of up to $1,500,000. The proceeds of the Offering will be used to conduct exploration activities on its portfolio of zinc-rich assets in the Bathurst and Flin Flon mining districts. It is [...]