{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Callinex Mines (TSXV:CNX) - \"Unlocking the Code\" in Flin Flon Copper VMS District","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/33c3427c\"></iframe>","width":"100%","height":180,"duration":1682,"description":"Interview with Max Porterfield, President & CEO of Callinex Mines Inc. Our previous interview: https://www.cruxinvestor.com/posts/callinex-mines-tsxvcnx-technical-analysis-due-diligence-4008Recording date: 20th December 2023Callinex Mines (TSXV: CNX) has made significant progress during 2023 advancing its 100% owned Pine Bay copper-zinc-gold-silver project located in the Flin Flon Mining District in Manitoba.Through disciplined exploration drilling this year, Callinex has continued expanding higher-grade resources, especially at its recent Rainbow discovery, while also discovering new zones of mineralization. Rainbow encompasses three steeply dipping lenses which start just 100m below surface. An updated resource estimate in July outlined 3.44M tons indicated grading at 3.59% CuEq, positioning Rainbow as one of the highest grade undeveloped copper projects in Canada. Meanwhile early indications point to a strong exploration upside remaining along trend and at depth.Equally exciting, new drill results announced in September highlighted a significant new discovery called Descendant (named after early regional explorers). Four zones of high-grade copper-zinc-gold-silver sulphides were encountered spanning an interval of ~350 meters vertical depth. With mineralization open in all directions, this large system shows early similarities to some of the world’s premier VMS deposits. Assays from several step-out holes are anticipated in early 2024, which will provide initial clues on the potential scale emerging at Descendant.Between resource expansion underway at Rainbow and the new discovery potential unlocked at Descendant, CEO Max Porterfield sees a clear line of sight to double Callinex’s global resource inventory from the current 6M ton baseline over the next 12-18 months. Callinex is funded for its near-term exploration campaign with a strengthened cash position. The company has attracted necessary capital raises from long-term supportive shareholders in each of the...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}