Callinex Mines Reports Promising Exploration Results at Pine Bay Camp

Callinex Mines ( (TSE:CNX) ) has issued an update.

Callinex Mines Inc. has announced promising results from its 2024 exploration drilling campaign at the Pine Bay Camp in Manitoba. The campaign, which tested three target areas, revealed significant mineralization at the newly acquired Blueberry target area, indicating potential for a high-grade VMS deposit. The company plans to focus future drilling efforts on Blueberry and other nearby shallow high-priority targets, aiming to expand its mineral resource base and strengthen its position in the mining sector.

More about Callinex Mines

Callinex Mines Inc. operates in the mining industry, focusing on exploration and development of mineral properties. The company primarily targets high-grade copper, gold, zinc, and silver deposits, with a significant presence in the Flin Flon Mining District of Manitoba.

YTD Price Performance: -20.22%

Average Trading Volume: 15,898

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$13.54M

See more insights into CNX stock on TipRanks’ Stock Analysis page.