Callinex Mines (TSE:CNX) has released an update.
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Callinex Mines Inc. has been awarded a $250,000 grant by the Manitoba Mineral Development Fund to further the development of their Pine Bay Project, which aims to strengthen the economy and support the green energy transition by exploiting high-grade copper discoveries. The company has received over $1 million in grants since 2020 and continues to explore for extensions to existing deposits. The grant will finance critical long lead items to facilitate permitting and potential future mine development, signaling the Manitoba government’s support for the project’s vision to generate jobs and economic growth.
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