Callinex Mines Stock Price, News & Analysis

Callinex Mines (OTCQX: CLLXF) has announced plans to change its name to Visionary Copper and Gold Mines Inc., with an expected new stock symbol "VCG" in early September 2025. The name change reflects the company's strategic focus on sustainable copper and gold mining across Canada.

The company's portfolio includes the Point Leamington Deposit in Newfoundland with significant mineral resources, including 402 koz AuEq Indicated and 986.5 koz AuEq Inferred pit-constrained resources. The Rainbow deposit at its Pine Bay Project contains an Indicated resource of 272.4 Mlb CuEq and an Inferred resource of 83.4 Mlb CuEq. The Nash Creek Project in New Brunswick demonstrates strong economics with a pre-tax IRR of 34.1% and NPV8% of $230 million at $1.25 Zinc.

Callinex Mines (OTCQX: CLLXF) has appointed Peter Dimmell, a Professional Geologist with over 50 years of experience, to its Board of Directors as the lead director on the technical committee. Dimmell was part of the original discovery team of the Point Leamington VMS deposit, which contains significant gold, copper, zinc, and silver resources.

The Point Leamington Project's current resources include an Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq (402 koz AuEq) and an Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq (986.5 koz AuEq). Additionally, Callinex has acquired a new mineral license adjacent to the project through a purchase agreement involving 50,000 common shares and a 1% NSR royalty.

Dimmell brings extensive industry leadership experience as a past president of PDAC and current board member of the Canadian Mining Hall of Fame.

Callinex Mines (OTCQX:CLLXF) has secured a $150,000 grant from Newfoundland's Junior Exploration Assistance Program and received additional exploration permits for its Point Leamington Project. The permits, approved within two weeks of submission, will support the company's 2025 exploration campaign.

The Point Leamington Project hosts a significant VMS deposit with resources including a pit-constrained Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq (402 koz AuEq) and an Inferred Resource of 13.7 Mt grading 2.24 g/t AuEq (986.5 koz AuEq). The project is strategically located 37km from Grand Falls-Windsor and 20km from the provincial power grid.

The new permits expand approved activities to include prospecting, geologic mapping, and geochemical rock sampling, supporting the company's efforts to expand its resource base and explore new targets along strike from the deposit.

Callinex Mines (CLLXF) has secured a crucial 2-year exploration permit through June 2027 for its Pt. Leamington VMS Project in Newfoundland. The permit enables ground geophysics and drilling activities at the deposit, which hosts significant gold, copper, zinc, and silver resources. The project's Indicated Mineral Resource includes 5.0 Mt grading 2.5 g/t AuEq (402 koz AuEq), while the Inferred Resource comprises 13.7 Mt at 2.24 g/t AuEq (986.5 koz AuEq) within pit constraints, plus an additional out-of-pit Inferred Resource. Located 37km from Grand Falls-Windsor and 20km from the provincial power grid, the deposit features a 500m strike length and 85m maximum thickness. The company plans to commence exploration in Q3 2025, focusing on expanding the resource base and conducting metallurgical testing.

Callinex Mines (OTCQX: CLLXF) has strengthened its technical team by appointing renowned metallurgists Dr. Peter Kondos and Dr. Yeonuk Choi. The duo, with over 70 years of combined experience, will focus on advancing the Pt. Leamington deposit through metallurgical testwork, particularly emphasizing gold extraction. Their expertise includes developing revolutionary approaches for recovering gold, silver, and strategic minerals. Notable achievements include receiving MetSoc Innovation Awards in 2016 and 2019 for developing innovative metal recovery processes. The Pt. Leamington deposit currently holds significant resources including an Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq (402 koz AuEq) and an Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq (986.5 koz AuEq).

CEO.CA, a leading investor social network for junior resource and venture stocks, recently featured an exclusive interview with Max Porterfield, President and CEO of Callinex Mines (TSXV: CNX) (OTCQX: CLLXF). The interview focused on how rising metal prices are enhancing the value of the company's Point Leamington deposit and their three-pronged strategy for advancing exploration and recovery.

As a wholly owned subsidiary of EarthLabs, CEO.CA has established itself as one of Canada's most popular free financial websites and apps, attracting millions of visitors annually. The platform serves as a hub for global investors to connect, share knowledge, and stay informed about stocks, commodities, and emerging companies.

The interview is part of CEO.CA's 'Inside the Boardroom' series, which regularly features conversations with executives shaping the mining industry. Investors can access this and hundreds of other executive interviews through CEO.CA's website or YouTube channel.

Callinex Mines has announced plans to advance its 100% owned Point Leamington Deposit in Newfoundland, a significant VMS deposit rich in gold, copper, zinc, and silver. The deposit features an open-pit constrained Indicated Resource of 5.0 Mt at 2.49 g/t AuEq and Inferred Resource of 13.7 Mt at 2.24 g/t AuEq.

Key highlights include:

• Last drilling in 2004 hit high-grade mineralization: 4.67m of 4.37 g/t Au, 15.05% Zn
• Project located 37km from Grand Falls-Windsor, with road access
• New metallurgical team to optimize gold recovery methods
• Planned 5,000-meter exploration campaign

The company aims to expand the deposit's high-grade zones and test new priority targets. The project's value has increased substantially due to rising metal prices, particularly gold. The deposit remains open for expansion below 435 meters and along strike, with potential for additional discoveries within the broader land package.

CEO.CA, a leading investor social network for junior resource and venture stocks, has featured an exclusive interview with Max Porterfield, President & CEO of Callinex Mines (TSXV: CNX) (OTCQX: CLLXF) in their 'Inside the Boardroom' series. The interview focuses on the company's project expansion, permitting processes, and future strategic plans.

CEO.CA, founded in 2012 and now a subsidiary of EarthLabs, has established itself as one of Canada's most popular free financial websites, attracting millions of visitors annually. The platform serves as a hub for global investors to connect, share knowledge, and access information about stocks, commodities, and emerging companies.

Callinex Mines (CLLXF) has outlined four high-priority near-surface target areas for its 2025 exploration program in the Flin Flon Mining District of Manitoba. The program focuses on expanding historic high-grade copper and gold deposits at the consolidated Pine Bay Camp.

The Visionary Target Area features the Leo deposit with historical results including 5.33% Cu over 3.05m and a flanking gold system showing up to 140.7 g/t Au over 0.40m. The historic Leo deposit contains an inferred mineral inventory of 192,292 metric tonnes at 2.29% Cu and 0.91% Zn above the 500-foot level.

Other target areas include: the General Target Area with gold results up to 204.86 g/t Au over 1.62m; the Amulet Target Area with results up to 2.38% Cu and 4.5% Zn; and the Blueberry Target Area showing promising indicators of VMS mineralization. The company plans to use modern exploration techniques including BPEM surveys to better define these targets.