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Callinex Mines (TSXV:CNX) announces additional drilling results from the Rainbow Deposit

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TSXV:CNX
01 March 2022 12:00 (EDT)

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Callinex Mines (CNX) is pleased to announce additional results from the 2021 exploration campaign at the Rainbow Deposit.

The Rainbow is located at the 100 per cent owned Pine Bay Project in Flin Flon, Manitoba.

Max Porterfield, President and CEO of Callinex Mines sat down with Shoran Devi to highlight the results.

“Drill results outlined today continue to deliver some of the highest grades of copper intersected at the Rainbow Deposit since its initial discovery in late 2020. It is worthy to note infill drill holes PBM-161, PBM-161-W1 and PBM-161-W2 have wider intervals and higher copper grades than many other holes drilled in the vicinity of them. Additionally, the Rainbow deposit now comes within 110m of surface which we believe in turn has the potential to further reduce upfront capital costs and development timelines.”

The project hosts a volcanogenic massive sulphide (VMS) deposit with significant gold, copper and zinc mineralization.

Max Porterfield, President & CEO of Callinex Mines sat down with Caroline Egan to discuss the results of the estimate and the company’s plans to advance the project.

Callinex Mines Inc is a Canada-based company engaged in the acquisition, exploration, and development of VMS deposits. 

Callinex Mines Inc. (CNX) opened trading at C$2.84 per share.

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