Callinex Mines (CNX) - $8,888,888 Gets Drills Turning at Rainbow
Matthew Gordon, Ptolemy Capital
1 Month ago
Interview with Max Porterfield, President & CEO of Callinex Mines (TSX-V:CNX)
Callinex Mines is busy advancing its portfolio of zinc rich deposits located in the Bathurst Mining District and the Flin Flon Mining District in Canada, where nearby operations are actively mining for zinc, copper, gold and silver.
The company has recently raised $8.88M of which $6M is allocated for flow through in Manitoba where they have the rapidly emerging Rainbow discovery which has high grade Copper, precious metals, Gold, Silver and Zinc by products. They have recently produced some good results which show the potential size of the project there. The objective of the 30,000m drill programme is to outline a 20-30 million tonne resource and to build the Rainbow project as an anchor mine for the Flin Flon area.
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