Callinex Mines Inc. Receives $150,000 Grant and Additional Exploration Permits for Point Leamington Project, Newfoundland

Callinex Mines Inc. Receives $150,000 Grant and Additional Exploration Permits for Point Leamington Project, Newfoundland

Benzinga
July 15, 2025

Highlights:

Callinex Mines Inc. has been awarded a grant of up to $150,000 through the Newfoundland and Labrador Junior Exploration Assistance (JEA) Program for its Point Leamington Project.

The Company has received additional exploration permits for the Pt. Leamington Project, approved two weeks after submission, highlighting Newfoundland's streamlined and mining-friendly jurisdiction.

The funding and permits support Callinex's planned 2025 exploration campaign aimed at expanding the current resource base with new near surface mineralization and making discoveries along strike from the deposit.

The JEA approval and rapid permit processing underscore Newfoundland's supportive mining jurisdiction and align with Callinex's strategy to advance high-potential critical mineral projects.

VANCOUVER, British Columbia, July 15, 2025 (GLOBE NEWSWIRE) -- Callinex Mines Inc. (the "Company" or "Callinex") (TSXV:CNX, OTCQX:CLLXF) is pleased to announce that it has received approval for a grant of up to $150,000 from the Newfoundland and Labrador Junior Exploration Assistance (JEA) Program for its 100% owned Point Leamington Project (the "Project"). Additionally, the Company has secured additional exploration permits from the Department of Natural Resources, Newfoundland and Labrador, for the Project, which encompasses the Pt. Leamington volcanogenic massive sulphide ("VMS") Deposit, located on the island of Newfoundland, hosting a significant resource of gold, copper, zinc, and silver. The permits were approved just two weeks after submission, demonstrating the province's streamlined approach and reputation as a mining-friendly jurisdiction.

Max Porterfield, President & CEO of Callinex Mines, stated, "We are thrilled to receive this significant financial support from the Newfoundland and Labrador JEA Program, alongside the rapid approval of additional exploration permits. The swift permitting process, with approvals granted just two weeks after submission, underscores Newfoundland's ...

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