Peter Dimmell Transitions to Callinex's Board as Lead Director
Peter Dimmell Appointed to Callinex Mines Inc. Board of Directors
Highlights:
- New board member and technical advisor Peter Dimmell is a key player behind the Pt. Leamington VMS deposit discovery, currently being developed by Callinex Mines.
- He is a seasoned P.Geo. and exploration consultant, boasting over 50 years of experience in locating VMS and gold deposits.
- As a prominent figure in the mining sector, Dimmell serves on various boards, including the Canadian Mining Hall of Fame.
- His expertise will propel the advancement of the Pt. Leamington deposit through strategic exploration initiatives.
VANCOUVER, British Columbia — Callinex Mines Inc. (TSX-V: CNX; OTCQX: CLLXF) is excited to introduce Peter Dimmell, a highly respected geologist and exploration consultant, as a valuable addition to our Board of Directors. Ample experience has equipped Mr. Dimmell to take on the lead role on the technical committee. His impressive track record includes playing a critical part in the discovery team of the Pt. Leamington VMS deposit while working with Noranda. Beyond this, he contributed to the exploration and production phases at the Rambler Mine and played a part in discovering the Duck Pond mine on the Island of Newfoundland.
Max Porterfield, President & CEO of Callinex Mines, expressed his enthusiasm for Dimmell’s addition, stating, “We are thrilled to have Mr. Dimmell on our team as we push forward with the development of the Pt. Leamington Deposit. His deep connections to the deposit, extensive experience, and unwavering dedication to exploration will undoubtedly bring significant value to both the Company and its shareholders. Our team has already had the pleasure of collaborating with Peter in the field in preparation for our forthcoming exploration campaign.”
“I’m thrilled to be back working on the Pt. Leamington Deposit after all these years,” noted Dimmell. “Exploration efforts on this deposit have been minimal since my departure, and I see considerable potential to expand the resource. I am looking forward to collaborating with the team to uncover additional deposits nearby.”
As a licensed Professional Geologist in Newfoundland and Ontario, Mr. Dimmell holds notable credentials that enrich his profile. He is a Fellow of Geoscientists Canada and has served as President of the Prospectors and Developers Association of Canada (PDAC) during 2004-2006. His leadership extends to previous roles as Chairman and Executive Director of Mining Industry NL, and involvement with various geosciences associations, including the Geological Association of Canada and the Canadian Institute of Mining, Metallurgy and Petroleum. Furthermore, he serves on the Canadian Mining Hall of Fame board representing the PDAC and has held board positions in both TSX and TSX-V listed companies.
The Pt. Leamington Project includes Mining Lease 136 (2655) and is situated in central Newfoundland, approximately 37 kilometers from Grand Falls-Windsor and 20 kilometers from the provincial power grid. Callinex has outlined significant mineral resources at the site, with an indicated mineral resource of 5.0 million tonnes grading 2.5 g/t AuEq, translating into 402,000 AuEq ounces. Additionally, there is an inferred resource of 13.7 million tonnes at a grade of 2.24 g/t AuEq, amounting to an impressive 986,500 AuEq ounces.
This deposit is characterized as a robust, felsic-hosted VMS deposit with a westward dip of 70 degrees and an impressive strike length of up to 500 meters. Drilling has confirmed massive sulphides extending to a depth of 360 meters below the surface across 21,714 meters in 72 drill holes. Government surveys and lithogeochemical analyses have indicated that the volcanic stratigraphy hosting the Pt. Leamington Deposit has characteristics that extend beyond the immediate area, reinforcing its potential.
Acquisition of a Mineral License
In an additional development, Callinex has established an agreement with RDF Consulting Ltd. for the acquisition of a mineral license adjacent to the Pt. Leamington Project. In exchange for this mineral license, which consists of 5 claims, Callinex will issue 50,000 common shares to RDF Consulting Ltd. A four-month hold period will be applied to the shares issued. The company will also offer a 1% net smelter return royalty, which can be reacquired for C$1,000,000.
This transaction awaits the approval from the TSX Venture Exchange, ensuring compliance with regulatory standards.
Qualified Person
The technical details published here have been reviewed by Aaryn Hutchins, P. Geo, a qualified expert under NI 43-101 independent of Callinex with exhaustive geological knowledge.
About Callinex Mines Inc.
Callinex Mines Inc. (TSXV: CNX; OTCQX: CLLXF) is dedicated to the development of its base and precious metal-rich deposit portfolio situated within established Canadian mining jurisdictions. A highlighted focus of the portfolio is the fully owned Point Leamington Deposit in a notable VMS and Gold District. Furthermore, Callinex is advancing the Rainbow deposit associated with its VMS Pine Bay Project.
For more information, please reach out to:
Callinex Mines Inc.
Max Porterfield, President and Chief Executive Officer
Phone: (604) 605-0885
Email: info@callinex.ca
Frequently Asked Questions
Who is Peter Dimmell?
Peter Dimmell is a Professional Geologist and newly appointed director on Callinex’s Board, bringing over 50 years of industry experience.
What is the significance of the Pt. Leamington project?
The Pt. Leamington project is noted for its rich mineral resources, including gold, copper, zinc, and silver, and represents a vital asset for Callinex.
What role will Peter Dimmell play at Callinex?
He will serve on the technical committee and help to advance the exploration and development of the Pt. Leamington deposit.
What is the recent acquisition related to Callinex?
Callinex has acquired a mineral license adjacent to its Pt. Leamington project as part of its growth strategy.
How can I contact Callinex Mines for more information?
You can contact Max Porterfield, the President, by phone at (604) 605-0885 or email at info@callinex.ca.
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