Tag: #HBM

Alexandria Minerals sells Manitoba claims to HudBay

Alexandria Minerals sells Manitoba claims to HudBay

Alexandria Minerals (AZX.V) will be adding C$500,000 in cash to its treasury when it closes the sale of some properties in Manitoba to HudBay Minerals (HBM, HBM.TO). The HUDVAM and WIM properties were originally acquired in 2015 as part of the acquisition of TSX-V listed Murgor Resources, but they were […]

Strong demand for Fireweed Zinc’s warrant-free offering

Strong demand for Fireweed Zinc’s warrant-free offering

Fireweed Zinc (FWZ.V) is able to capitalize on a strong resource update on the Tom and Jason claims which are part of the Macmillan Pass as its previously announced C$10M private placement has now been upsized to raise C$12.5M (with an additional option for the agents to exercise a 15% […]

Callinex increases its land position around Flin Flon

Callinex increases its land position around Flin Flon

Callinex Mines (CNX.V) has announced it has entered into an option agreement to acquire the full ownership of the Big Island project. Big Island is located just 10 kilometers from HudBay Mining’s (HBM, HBM.TO) 777 processing plant. This addition to the already existing land package makes Callinex one of the […]

Callinex expects new assay results by the end of this month

Callinex expects new assay results by the end of this month

Callinex Mines (CNX.V) is still drilling on its Pine Bay project in Manitoba’s Flin Flon district and has drilled an additional 3,000 meters in six holes since the most recent exploration update was published in January. The assay results for these six holes are expected by the end of March […]

Callinex Mines continues to drill at Pine Bay

Callinex Mines continues to drill at Pine Bay

Callinex Mines (CNX.V) has received an additional batch of drill results from its ongoing drill program at Pine Bay, Manitoba. Hole 93W02 did intersect the Pine Bay horizon at a depth of 1264 to 1272 meters down-hole, intersecting three copper-rich stringer zones with a few higher grade results, albeit over […]

Callinex Mines will raise C$5M through the Sprott Group

Callinex Mines will raise C$5M through the Sprott Group

Callinex Mines (CNX.V) has announced it has signed a term sheet with Sprott Private Wealth to complete a non-brokered financing to raise C$5M. The offering will consist of 8 million units at 50 cents,and an additional 1.82 million (flow-through) units at C$0.55 for a total of C$5M. Each unit will […]

Callinex Mines has started its Pine Bay summer drill program

Callinex Mines has started its Pine Bay summer drill program

Callinex Mines (CNX.V) continues to work hard to prove up additional value on its base metal projects, and the company has just kicked off its summer drilling campaign in Manitoba where it’s still exploring its 100% owned Pine Bay VMS project in the shadow of HudBay Minerals (HBM.TO, HBM) 777 […]