Callinan Mines (CVE:CAA) announced that it has completed the the remainder of the diamond drill holes on their Gossan Hill property. It has been proven by assay to contain gold and silver.
Callinan Mines(CVE:CAA) reports that it has received a payment from Hudbay Minerals Inc. This payment represents the remaining balance of payments due to Callinan for fiscal 2009 under the 777 / Callinan Mine Net Profits Interest and Royalty agreement.Interim quarterly payments were made throughout 2009, representing an estimated 75% of 6 2/3% of the net [...]
Callinan Mines reports that it has completed this winter season’s drilling on its properties in the Snow Lake area of Manitoba. A total of seven holes were drilled in the Jean Lake program. Gold mineralization which was encountered is most often associated with arsenopyrite in various forms of altered diorite, granodiorite and tonolite, in some [...]
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