The Assay TV catches up with Max Porterfield, president, CEO, and director of Callinex Mines (TSXV: CNX | OTC: CLLXF), a company advancing its portfolio of copper, zinc, gold, and silver deposits in the Flin Flon Greenstone Belt, Canada.
The company has recently announced a high-grade copper maiden mineral resource estimate at its Pine Bay Project.
The Rainbow deposit, contained within the Pine-Bay lease, has an indicated mineral resource of 3.44Mt at 3.59% CuEq, and an inferred mineral resource of 1.28Mt at 2.95% CuEq.
Additionally, in March, the company closed a private placement offering for gross proceeds of approximately C$9.4M. With this, Max states that the company is operating a fully funded 20,000m drilling programme to explore in depth and to further define parallel targets at its Rainbow and Alchemist deposits.
Website: callinex.ca
Primary ticker: TSXV:CNX, OTCQX:CLLXF
Stage of development: Exploration, Development
Commodities: Gold, Silver, Copper, Zinc
Project to promote: Nash Creek, Pine Bay, Point Leamington
Project location: Canada
