Dr. Stephen Piercey Enhances Callinex's Technical Team

Dr. Stephen Piercey Enhances Callinex's Technical Team

Highlights:

• Dr. Stephen Piercey is a noted exploration and economic geologist with over 25 years of expertise focused on VMS deposits.
• He has earned multiple prestigious accolades for his contributions, including the D. R. Derry Medal, a prominent award from the Geological Association of Canada.
• His role will be pivotal as Callinex adopts a modern integrated approach to exploration, particularly at the Point Leamington project.

Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is thrilled to announce the addition of Dr. Stephen Piercey, a highly qualified Professional Geologist and seasoned exploration consultant, to its technical team. Dr. Piercey is recognized as a leading figure in the field of volcanogenic massive sulphide (VMS) deposits and brings with him over two decades of industry experience.

Having conducted extensive work in Canada’s most productive VMS districts, such as Finlayson Lake in Yukon and the Ambler District in Alaska, Dr. Piercey possesses a rich understanding of the geologic conditions necessary for these types of mineral deposits. His involvement in VMS consulting and research extends to the Newfoundland Appalachians, a region known for VMS resources.

Max Porterfield, President & CEO of Callinex Mines, expressed enthusiasm about Dr. Piercey's appointment, stating, “We are pleased to welcome Dr. Piercey onto our team as we advance the Pt. Leamington Project. Steve’s in-depth experience enhances our focus in Newfoundland.” His contributions have already begun to bear fruit, with Dr. Piercey offering insights on exploration strategies and expediting critical mineral testing processes.

“I am excited to work with Callinex Mines on the Point Leamington Project,” Dr. Piercey remarked. He pointed out that this deposit holds considerable potential but remains under-explored using modern methodologies. This presents a unique opportunity to unlock its value and enhance understanding of its host rocks, which share traits with several globally successful VMS regions. He looks forward to contributing to both regional and deposit-level assessments in the project's forthcoming exploration phases.

Dr. Piercey is a University Research Professor in the Earth Sciences Department at Memorial University of Newfoundland. He is a professional geoscientist (P.Geo.) licensed in Newfoundland and Labrador, Ontario, and British Columbia. Additionally, he runs Piercey Geosciences Inc., providing expert consulting services to various mining projects. Being a native of Newfoundland, his connection to and knowledge of the region further strengthen his role.

Awards and Recognition

In 2023, Dr. Piercey was honored with the Duncan R. Derry Medal, underscoring his significant contributions to economic geology in Canada. His esteemed career includes other recognitions, such as the W.W. Hutchinson Medal for excellence in geological sciences and multiple medals from the Mineral Deposits Division of Canada.

Previously, he earned the title of Geoscientist of the Year in 2017 by the Canadian Institute of Mining, Metallurgy and Petroleum and was recognized with the Past President’s Memorial Award.

As a fellow of several prestigious organizations like the Society of Economic Geologists and the Geological Society of America, Dr. Piercey has also published extensively, contributing over 80 peer-reviewed articles and numerous technical reports and maps.

Qualified Person
The technical content of this announcement has been reviewed and approved by Aaryn Hutchins, P. Geo., ensuring compliance with NI 43-101 standards.

About Callinex Mines Inc.

Callinex Mines Inc. (TSXV: CNX; OTCQX: CLLXF) is advancing a diversified portfolio of base and precious metals in established mining areas across Canada. The focus is on the Point Leamington Deposit, which is among the richest VMS districts in Canada, boasting impressive mineral resources. The Company has reported significant indicated and inferred mineral resources at multiple deposits including Rainbow and Pine Bay, all supported by promising preliminary economic assessments.

For further inquiries, please contact:

Callinex Mines Inc.

Max Porterfield, President and Chief Executive Officer

Phone: (604) 605-0885

Email: info@callinex.ca

Frequently Asked Questions

Who is Dr. Stephen Piercey?

Dr. Stephen Piercey is a renowned exploration and economic geologist with over 25 years of experience in VMS deposits.

What is the significance of the Point Leamington Project?

The Point Leamington Project is a vital asset for Callinex, with considerable mineral potential yet to be fully explored using modern techniques.

What awards has Dr. Piercey received?

He has received several accolades, including the Duncan R. Derry Medal and the Geoscientist of the Year award.

What is Callinex Mines focused on?

Callinex Mines focuses on advancing its portfolio of rich base and precious metal deposits in Canada, especially at the Point Leamington Deposit.

How can I contact Callinex Mines for more information?

You can reach Callinex Mines at (604) 605-0885 or via email at info@callinex.ca.

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