Respected VMS Expert, Economic Geologist Dr. Stephen Piercey Joins Callinex's Technical Team

Company Overview - Callinex Mines Inc. has appointed Dr. Stephen Piercey, an experienced geologist with over 25 years in volcanogenic massive sulphide (VMS) deposits, to its technical team [2][3] - The company is advancing the Point Leamington Project, which is noted as one of the higher tonnage VMS deposits in the Newfoundland Appalachians [3][9] Key Appointments and Contributions - Dr. Piercey has already provided oversight on regional exploration opportunities and facilitated mineralogical testing to enhance the understanding of the Point Leamington deposit [3] - His expertise is expected to significantly bolster the company's focus in Newfoundland and contribute to the next stages of exploration and evaluation [3][7] Awards and Recognition - Dr. Piercey received the Duncan R. Derry Medal in 2023, the highest award from the Mineral Deposits Division of the Geological Association of Canada, recognizing his contributions to economic geology [4][5] - He has also been honored with multiple awards, including the W.W. Hutchinson Medal and the Geoscientist of the Year by the Canadian Institute of Mining, Metallurgy and Petroleum [5][6] Mineral Resource Estimates - The Point Leamington Deposit has a prepared pit constrained Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq [9] - An Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq is also reported, amounting to 986,500 ounces AuEq [9] - The Rainbow deposit at the Pine Bay Project has an indicated mineral resource of 3.44 million tonnes grading 3.59% CuEq, totaling 272.4 million pounds CuEq [9] Strategic Focus - Callinex Mines is focused on utilizing modern integrated exploration approaches to drive resource growth at the Point Leamington project [7] - The company is also permitting the Rainbow deposit, which is located near existing infrastructure in the Flin Flon Mining District [9]