Welcome to our dedicated page for Callinex Mines news (Ticker: CLLXF), a resource for investors and traders seeking the latest updates and insights on Callinex Mines stock.
News for Callinex Mines Inc. (OTCQX: CLLXF) focuses on the company’s progress advancing base and precious metals rich deposits in established Canadian mining jurisdictions. Company news releases emphasize exploration and technical updates at its key VMS projects, together with corporate developments and strategic initiatives related to its asset portfolio.
Readers following CLLXF news can expect detailed coverage of exploration programs at the Point Leamington Project in Newfoundland, where Callinex reports a large, felsic-hosted VMS deposit with pit-constrained and out-of-pit mineral resources containing gold, copper, zinc, silver and lead. Updates describe exploration permits, government grant support, planned drilling campaigns, and work aimed at expanding the resource base along strike and at depth, including evaluation of footwall zones and metallurgical testwork.
News items also highlight activity at the Pine Bay Project in Manitoba’s Flin Flon Mining District, including drilling and geophysical surveys at the Rainbow deposit and nearby targets such as Descendent and Poseidon. Releases describe how magnetotelluric, borehole EM, surface pulse EM and airborne EM surveys are used to identify resistivity lows and conductive bodies interpreted to be associated with VMS horizons and alteration packages.
In addition, CLLXF news covers corporate and strategic developments, such as the formation of Osawi Gold Corp. to hold Manitoba gold projects, the planned name change to Visionary Copper and Gold Mines Inc., and appointments of experienced VMS geologists and technical advisors. These updates provide context on how Callinex structures its portfolio around VMS and gold assets in Newfoundland, Manitoba and New Brunswick.
Investors and observers can use this news feed to review exploration results, permitting milestones, technical commentary and corporate actions that the company discloses as it advances its projects.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Callinex Mines Inc. (TSXV: CNX, OTCQX: CLLXF) has launched its 2023 drilling campaign at the Pine Bay Project, located near Flin Flon, Manitoba. The fully funded phase one aims to drill up to 10,000 meters, focusing on the Rainbow Deposit and other targets. Two rigs are deployed, with one testing depth extensions of the Rainbow zone and the second exploring a conductive anomaly. Initial drilling is expected to take 3.5 months, followed by a further phase based on results. Additionally, the company granted 280,000 stock options at a price of $3.15 per share. J.J. O'Donnell, Exploration Manager, oversees the technical aspects of this release.
FAQ
What is the current stock price of Callinex Mines (CLLXF)?
What is the market cap of Callinex Mines (CLLXF)?
