Company Interviews

Callinex Mines (TSXV:CNX) - Technical Analysis & Due Diligence


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Interview with Max Porterfield, President & CEO of Callinex Mines Inc.

Our previous interview: https://www.cruxinvestor.com/posts/callinex-mines-tsxvcnx-exciting-high-grade-vms-discoveries-in-northern-manitoba-3288

Recording date: 20th September 2023

Callinex Mines Inc. (TSX-V: CNX, OTCQX: CLLXF) is a Canadian mineral exploration company focused on discovering and developing high-grade copper, zinc, gold and silver deposits within the Flin Flon mining district in Manitoba. The company's main projects are the Pine Bay Project and the Nash Creek Project.

The Pine Bay Project contains the high-grade Rainbow Deposit, which has an indicated mineral resource of 3.44 million tonnes at 3.59% copper equivalent and an inferred mineral resource of 1.28 million tonnes at 2.95% copper equivalent. The project is located 16km from Flin Flon and its infrastructure.

The Nash Creek Project, located in the Bathurst mining district of New Brunswick, has an indicated mineral resource containing 963 million pounds of zinc equivalent and an inferred mineral resource containing 407 million pounds of zinc equivalent. A 2018 Preliminary Economic Assessment outlined a potential 10-year open pit mining operation for the project.

Callinex Mines is focused on expanding its high-grade copper, zinc, gold and silver discoveries in established Canadian mining districts. The locations provide access to infrastructure like roads, rail, power and processing facilities. 

The company's technical team has a strong track record of discovery and development success in these districts. Callinex has a tight capital structure and believes it is well positioned to deliver value through new discoveries and resource expansion.

View Cartier Resources' Company Profile: https://www.cruxinvestor.com/companies/callinex-mines

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