|Bid||0.24 x 0|
|Ask||0.25 x 0|
|Day's Range||0.24 - 0.25|
|52 Week Range||0.22 - 0.47|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Callinex Announces Results of Initial Preliminary Economic Assessment that Generates a 34% IRR and a $230M NPV(8)% at the Nash Creek and Superjack Projects
OTCQX: CLLXF) is pleased to announce that it has completed a 450 line-kilometer drone magnetic survey ("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 dispersing laterally as flat-lying stratabound zinc-lead-silver mineralization. The Drone Magnetic Survey was completed to help identify and delineate these near vertical faults.
The Company will test its Hook Lake Target, a target that has been identified by multiple electromagnetic surveys located near HudBay's 777 Mine and Mill. OTCQX: CLLXF) is pleased to announce that it has commenced its 2018 winter drilling campaign (the "Campaign") at the Big Island and Flin Flon Projects within the Flin Flon Mining District of Manitoba (See Figure 1).
VANCOUVER , Feb. 27, 2018 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that it has closed its previously announced ...
Callinex Intersects 11.8m of 3.9% Zinc Equivalent Mineralization at Nash Creek in New Brunswick
Callinex Intersects 13.0 Meters of 5.7% Zinc Equivalent Mineralization at Nash Creek in New Brunswick
Highlights Drill hole NC17-260 expanded the Nash Creek Deposit laterally and intersected 13.0m of 5.7% Zn Eq. starting at a depth of 72.0m including 5.0m of 11.8% Zn Eq.; High-grade mineralization intersected ...
Highlights Drill Hole NC-249, the northernmost hole, intersected extensive mineralization including 53.8m of 2.8% Zn Eq. starting at a depth of 18.5m including higher grade intervals; These drill four ...
Callinex Intersects Extensive Near-Surface Zinc Mineralization at Nash Creek in New Brunswick
Highlights Drill hole NC17-257 returned exceptional near-surface results with a 15.0m intersection grading 7.2% Zn Eq. including 9.0m of 11.1% Zn Eq. from a starting depth of 113.0m ; Hole NC17-255 intersected ...
Callinex Intersects 9 Meters of 10% Zinc and Continues to Expand the Near-Surface Nash Creek Deposit
Highlights Callinex completes maiden drilling campaign at the Big Island Project and intersects 7.9m of 2.5% Zn and 0.42 g/t Au; Borehole surveys identified a geophysical target with a strike extent of ...
Callinex aggressively moved forward its advanced-stage assets in the Bathurst Mining District supported by the robust zinc market where the price rose by 29% in 2017, further building on a 60% increase from 2016. A milestone in 2017 was the completion of a maiden drilling campaign at the Nash Creek Project, which culminated with the major expansion of the Nash Creek Deposit to the north.
Highlights Drill hole SJ17-88 intersected 1.9m of massive sulphides grading 8.0% zinc equivalent mineralization in the newly discovered D Zone at the Superjack Project; A recently completed 44km surface ...