Projects
Three Districts with Multiple Projects
The company is actively exploring the Flin Flon Mining District of Manitoba and the Bathurst Mining district of New Brunswick. Both districts have a long mining history that host numerous world class mines rich in copper, gold, silver and zinc.
Located within the prolific Flin Flon Mining District, Callinex owns a 100% interest in the claims at the Pine Bay project which consists of an over 6,000 hectare land package along a 10km favorable trend of felsic volcanic rocks within the Flin Flon Greenstone Belt. The project area is located 16km from the City of Flin Flon and is accessible by paved and all-weather gravel roads with established access to power, reliable water sources, and has the ability to operate year-round.
In 2020 the company announced near surface silver discoveries 6.8km apart and in close proximity to its Nash Creek deposit in the Bathurst Mining District of New Brunswick. A 2018 PEA on its Bathurst Project portfolio outlined a mine plan that generates a strong economic return with a pre-tax IRR of 34.1% and NPV8% of $230 million ($128 million post-tax).
Callinex owns the Point Leamington Deposit that hosts a significant zinc and gold-rich VMS deposit that is open for expansion.
