Respected VMS Geologist and Industry Leader Peter Dimmell Joins Callinex鈥檚 Board of Directors
Callinex Mines (OTCQX: CLLXF) has appointed Peter Dimmell, a Professional Geologist with over 50 years of experience, to its Board of Directors as the lead director on the technical committee. Dimmell was part of the original discovery team of the Point Leamington VMS deposit, which contains significant gold, copper, zinc, and silver resources.
The Point Leamington Project's current resources include an Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq (402 koz AuEq) and an Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq (986.5 koz AuEq). Additionally, Callinex has acquired a new mineral license adjacent to the project through a purchase agreement involving 50,000 common shares and a 1% NSR royalty.
Dimmell brings extensive industry leadership experience as a past president of PDAC and current board member of the Canadian Mining Hall of Fame.Callinex Mines (OTCQX: CLLXF) ha nominato Peter Dimmell, geologo professionista con oltre 50 anni di esperienza, nel suo Consiglio di Amministrazione come direttore principale del comitato tecnico. Dimmell ha fatto parte del team che ha scoperto il deposito VMS di Point Leamington, che contiene importanti risorse di oro, rame, zinco e argento.
Le risorse attuali del Progetto Point Leamington comprendono una Risorsa Mineraria Indicata di 5,0 Mt con una gradazione di 2,5 g/t AuEq (402 mila once AuEq) e una Risorsa Mineraria Inerente di 13,7 Mt con una gradazione di 2,24 g/t AuEq (986,5 mila once AuEq). Inoltre, Callinex ha acquisito una nuova licenza mineraria adiacente al progetto tramite un accordo di acquisto che prevede 50.000 azioni ordinarie e una royalty NSR dell'1%.
Dimmell apporta una vasta esperienza di leadership nel settore, essendo stato presidente della PDAC e attualmente membro del consiglio del Canadian Mining Hall of Fame.
Callinex Mines (OTCQX: CLLXF) ha nombrado a Peter Dimmell, ge贸logo profesional con m谩s de 50 a帽os de experiencia, como director principal en el comit茅 t茅cnico de su Junta Directiva. Dimmell form贸 parte del equipo original que descubri贸 el dep贸sito VMS de Point Leamington, que contiene importantes recursos de oro, cobre, zinc y plata.
Los recursos actuales del Proyecto Point Leamington incluyen un Recurso Mineral Indicada de 5.0 Mt con una ley de 2.5 g/t AuEq (402 mil oz AuEq) y un Recurso Mineral Inferido de 13.7 Mt con una ley de 2.24 g/t AuEq (986.5 mil oz AuEq). Adem谩s, Callinex ha adquirido una nueva licencia minera adyacente al proyecto mediante un acuerdo de compra que incluye 50,000 acciones comunes y una regal铆a NSR del 1%.
Dimmell aporta una amplia experiencia en liderazgo industrial, habiendo sido presidente de PDAC y actualmente miembro de la junta del Canadian Mining Hall of Fame.
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Point Leamington 頂勲鞝濏姼鞚� 順勳灛 鞛愳洂鞚� 2.5 g/t AuEq 霌标笁鞚� 5.0 Mt 響滌嫓 甏戨 鞛愳洂 (402觳� 鞓姢 AuEq)瓿� 2.24 g/t AuEq 霌标笁鞚� 13.7 Mt 於旍爼 甏戨 鞛愳洂 (986.5觳� 鞓姢 AuEq)鞚� 韽暔頃╇媹雼�. 霕愴暅 Callinex電� 50,000 氤错喌欤�鞕� 1% NSR 搿滌棿韹半ゼ 韽暔頃橂姅 甑Г 瓿勳暯鞚� 韱淀暣 頂勲鞝濏姼 鞚胳爲鞚� 靸堧鞖� 甏戩偘 霛检澊靹犾姢毳� 須嶋摑頄堨姷雼堧嫟.
Dimmell鞚� PDAC 鞝� 須岇灔鞚挫瀽 順勳灛 Canadian Mining Hall of Fame 鞚挫偓須� 氅る矂搿滌劀 甏戩偘 鞐呹硠鞐愳劀 頀嶋秬頃� 毽崝鞁� 瓴巾棙鞚� 鞝滉车頃╇媹雼�.
Callinex Mines (OTCQX : CLLXF) a nomm茅 Peter Dimmell, g茅ologue professionnel avec plus de 50 ans d'exp茅rience, au sein de son conseil d'administration en tant que directeur principal du comit茅 technique. Dimmell faisait partie de l'茅quipe originale ayant d茅couvert le gisement VMS de Point Leamington, qui contient d'importantes ressources en or, cuivre, zinc et argent.
Les ressources actuelles du projet Point Leamington comprennent une ressource min茅rale indiqu茅e de 5,0 Mt avec une teneur de 2,5 g/t AuEq (402 000 oz AuEq) et une ressource min茅rale pr茅sum茅e de 13,7 Mt avec une teneur de 2,24 g/t AuEq (986 500 oz AuEq). De plus, Callinex a acquis une nouvelle licence mini猫re adjacente au projet via un accord d'achat comprenant 50 000 actions ordinaires et une redevance NSR de 1 %.
Dimmell apporte une vaste exp茅rience en leadership industriel, ayant 茅t茅 pr茅sident de la PDAC et membre actuel du conseil d'administration du Canadian Mining Hall of Fame.
Callinex Mines (OTCQX: CLLXF) hat Peter Dimmell, einen professionellen Geologen mit 眉ber 50 Jahren Erfahrung, als Lead Director im technischen Ausschuss in seinen Vorstand berufen. Dimmell war Teil des urspr眉nglichen Entdeckungsteams der Point Leamington VMS-Lagerst盲tte, die bedeutende Gold-, Kupfer-, Zink- und Silberressourcen enth盲lt.
Die aktuellen Ressourcen des Point Leamington Projekts umfassen eine angezeigte Mineralressource von 5,0 Mt mit einem Gehalt von 2,5 g/t AuEq (402.000 Unzen AuEq) sowie eine abgeleitete Mineralressource von 13,7 Mt mit einem Gehalt von 2,24 g/t AuEq (986.500 Unzen AuEq). Zus盲tzlich hat Callinex eine neue Bergbaulizenz angrenzend an das Projekt durch einen Kaufvertrag erworben, der 50.000 Stammaktien und eine 1% NSR-Royalty umfasst.
Dimmell bringt umfangreiche F眉hrungserfahrung aus der Branche mit, war ehemaliger Pr盲sident der PDAC und ist derzeit Vorstandsmitglied der Canadian Mining Hall of Fame.
- Appointment of highly experienced VMS expert Peter Dimmell who was part of the original deposit discovery team
- Significant mineral resource base with 402 koz AuEq Indicated and 986.5 koz AuEq Inferred resources
- Strategic acquisition of adjacent mineral license expanding the project footprint
- Project located near infrastructure with road access and proximity to power grid
- 1% NSR royalty obligation on newly acquired claims
- Limited exploration completed on the deposit in recent years
Highlights:
- Newly appointed director and Callinex technical advisor was part of the discovery group for the gold, copper, zinc and silver Pt. Leamington VMS deposit, which the Company is advancing, and was also involved with exploration/development of the Rambler and Duck Pond mines on the Island of Newfoundland;
- A P.Geo. and exploration consultant with over 50 years of experience exploring for and discovering VMS and gold deposits;聽
- A mining industry leader who sits on the board of the Canadian Mining Hall of Fame, and a President of the PDAC and Chairman of Mining Industry NL; and
- He will assist the Company in advancing the Pt. Leamington deposit and encompassing land package through further exploration.聽
VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) -- (the 鈥淐ompany鈥� or 鈥淐allinex鈥�) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that it has appointed Professional Geologist (P.Geo) and exploration consultant, Mr. Peter Dimmell to the Company鈥檚 Board of Directors as the lead director on the technical committee. Mr. Dimmell, while working with Noranda, was part of the discovery and delineation team of the gold, copper, zinc and silver rich Pt. Leamington volcanogenic massive sulphide (鈥淰MS鈥�) deposit (the 鈥淒eposit鈥�). Mr. Dimmell was also involved with exploration and production at the past producing Rambler Mine (now owned by Firefly Metals) and exploration leading to the discovery of the Duck Pond mine on the Island of Newfoundland. Peter will bring over 50 years of exploration experience to create immediate value to the Company as it advances the Pt. Leamington Project.
Max Porterfield, President & CEO of Callinex Mines, stated, 鈥淲e are pleased to welcome Mr. Dimmell to our team as we advance the Pt. Leamington Deposit in Newfoundland. Peter鈥檚 unique tie to the Deposit, subsequent experience and passion for exploration will no doubt add immense value to the Company and its shareholders. Our team has already enjoyed working with Peter in the field as we plan for our upcoming exploration campaign, which we will soon announce.鈥�
Peter Dimell, Callinex Director, commented, 鈥淚鈥檓 excited to be involved with exploration and development on the Pt. Leamington Deposit again after so many years. Limited exploration has been completed on the Deposit since I left and I believe there鈥檚 potential to significantly grow the resource. I鈥檓 also eager to get to work with the rest of the team to outline opportunities to discover additional deposits in proximity to the Deposit.鈥�
Mr. Dimmell is a P.Geo registered in NL and ON and is a Fellow of Geoscientists Canada. He is a past president of the Prospectors and Developers Association of Canada (PDAC) from 2004-2006, a past Chairman and executive director of Mining Industry NL, a member and past councillor of the Geological Association of Canada, a member of the Canadian Institute of Mining, Metallurgy and Petroleum, and an associate member of the Association of Applied Geochemists and the Society of Economic Geologists. He currently sits on the board of the Canadian Mining Hall of Fame as a PDAC representative. 聽He has served on the boards and associated board committees of both TSX and TSX-V listed companies.
The Point Leamington Project, consisting of Mining Lease 136 (2655), is located in central Newfoundland approximately 37km by road/trails from the City of Grand Falls-Windsor and approximately 20km from the provincial power grid. Callinex prepared a pit constrained Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq for 402 koz AuEq (145.7 koz gold, 60.0 Mlb copper, 153.5 Mlb zinc, 2.0 Moz silver, 1.5 Mlb lead), a pit constrained Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq for 986.5 koz AuEq (354.8 koz gold, 110.2 Mlb copper, 527.3 Mlb zinc, 6.2 Moz silver, 7.0 Mlb lead) and an out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq for 168.5 koz AuEq (65.4 koz gold, 13.3 Mlb copper, 102.9 Mlb zinc, 1.4 Moz Ag, 2.6 Mlb lead) (see news release dated October 25, 2021).
The Deposit is a large, felsic-hosted VMS deposit that dips 70 degrees to the west, has a strike length of 500m, and a maximum thickness of 85m. Massive sulphides have been intercepted to a depth of 360m below surface in 21,714m of drilling in 72 drill holes. Regional government mapping and lithogeochemical sampling has indicated that Point Leamington鈥檚 host volcanic stratigraphy extends well beyond the vicinity of the Deposit.
Acquisition of Mineral License
Callinex is also pleased to announce it has entered into a purchase agreement with RDF Consulting Ltd., a third party property vendor, (the 鈥淰endor鈥�) whereby Callinex has agreed to purchase one (1) mineral license from the Vendor.聽 In consideration of which, Callinex has agreed to issue 50,000 common shares to the Vendor. The mineral license consists of 5 claims and is adjacent to Callinex鈥檚 Pt. Leamington Project, Newfoundland.
The shares to be issued to the Vendor will be subject to a four month hold period. Callinex will also grant a
The transaction is subject to the acceptance of the TSX Venture Exchange.
Qualified Person
The technical information contained in this news release has been reviewed and approved by Aaryn Hutchins, P. Geo, a qualified person under NI 43-101.聽 Ms. Hutchins is a consultant of the Company and is independent of the Company.聽 Historical information was verified from geological reports filed with the government by previous operators.
About Callinex Mines Inc.
Callinex Mines Inc. (TSXV: CNX) (OTCQX: CLLXF) is advancing its portfolio of base and precious metals rich deposits located in established Canadian mining jurisdictions. The focus of the portfolio is highlighted by the
For additional information, please contact:
Callinex Mines Inc.
Max Porterfield, President and Chief Executive Officer
Phone: (604) 605-0885
E-mail:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete the proposed drill program and the timing and amount of expenditures. Except as required under applicable securities laws, Callinex does not assume the obligation to update any forward-looking statement.
FAQ
Who is Peter Dimmell and why is his appointment significant for Callinex Mines (CLLXF)?
What are the current mineral resources at Callinex's Point Leamington Project?
What are the terms of Callinex's new mineral license acquisition near Point Leamington?
Where is the Point Leamington Project located and what infrastructure is available?
What are the physical characteristics of the Point Leamington VMS deposit?
