Respected VMS Geologist and Industry Leader Peter Dimmell Joins Callinex’s Board of Directors

Core Viewpoint - Callinex Mines Inc. has appointed Mr. Peter Dimmell as the lead director on the technical committee, bringing over 50 years of exploration experience to advance the Pt. Leamington Project in Newfoundland [2][3][7]. Company Developments - Mr. Dimmell was part of the discovery team for the Pt. Leamington VMS deposit and has extensive experience with other mines in Newfoundland [3][7]. - The Pt. Leamington Project has a pit constrained Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq, and an Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq, totaling 986,500 ounces AuEq [4][11]. - The deposit is characterized as a large, felsic-hosted VMS deposit with a strike length of 500 meters and a maximum thickness of 85 meters, with drilling indicating massive sulphides to a depth of 360 meters [5][11]. Strategic Moves - Callinex has entered into a purchase agreement to acquire a mineral license consisting of 5 claims adjacent to the Pt. Leamington Project, issuing 50,000 common shares to the vendor [8][9]. - The transaction includes a 1% net smelter return royalty, which can be repurchased for C$1,000,000, subject to TSX Venture Exchange acceptance [9].