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]

Core Viewpoint - Callinex Mines Inc. has appointed Dr. Stephen Piercey, an experienced geologist specializing in volcanogenic massive sulphide (VMS) deposits, to enhance its technical team and advance the Point Leamington Project in Newfoundland [2][3]. Company Overview - Callinex Mines Inc. is focused on developing a portfolio of base and precious metals deposits in established Canadian mining jurisdictions, with a significant emphasis on the Point Leamington Deposit, which is located in a rich VMS and Gold District in Canada [9]. - The company has reported a pit constrained Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, equating to 402,000 ounces of AuEq, and an Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq, equating to 986,500 ounces of AuEq [9]. Appointment of Dr. Stephen Piercey - Dr. Piercey brings over 25 years of experience in VMS deposits and has worked in some of Canada's most prolific VMS districts [2][3]. - His expertise is expected to significantly enhance the exploration efforts at the Point Leamington Project, which has not been fully evaluated with modern integrated exploration approaches [3][7]. - Dr. Piercey has received multiple awards, including the Duncan R. Derry Medal, recognizing his contributions to economic geology in Canada [4][5]. Exploration and Development Focus - The company aims to utilize a modern integrated exploration approach to drive resource growth at the Point Leamington project, with Dr. Piercey providing oversight in the next stages of exploration [7]. - The Point Leamington deposit is noted for its high tonnage potential and geological similarities to other productive VMS districts globally, indicating significant exploration opportunities [3][9].

Core Viewpoint - Blue Star Gold Corp. is focusing on expanding its high-grade gold resource at the Ulu Gold Project while also exploring critical mineral targets in the Roma Project, indicating a dual strategy to enhance shareholder value through exposure to both precious and base metals in a promising mineral exploration area [3][25]. Critical Mineral Highlights - The inaugural critical minerals exploration program in 2024 led to the discovery of the Ataani massive sulphide lens, marking the first significant find in over 20 years in the High Lake Greenstone Belt [4][7]. - The Ataani prospect is located less than 13 km from the High Lake VMS deposit, which has a resource of 14 million tonnes grading 2.5% Cu, 3.8% Zn, 1.3 g/t Au, and 84 g/t Ag [4][5]. Strategic Land Acquisitions - Following the Ataani discovery, Blue Star expanded its land package to include areas adjacent to the High Lake deposit, covering several prospective VMS targets within the High Lake deposit stratigraphy [6][14]. - Historical work at the Cairo and Stu prospects reported high-grade copper samples, with surface grades reaching up to 9.99% Cu at Cairo and 5.18% Cu at Stu [6][14]. Exploration and Discovery Potential - The Ataani VMS horizon is believed to extend over 1,500 meters, with only 500 meters drilled to date, indicating significant potential for further discoveries [7][16]. - Recent drilling returned results of 0.42% Cu, 1.43% Zn, 9.19 g/t Ag, and 0.13 g/t Au over 17.1 meters, showcasing the promising nature of the mineralization [13]. Future Steps - Proposed next steps include extending TDEM surveys over the conductive horizon identified in the 2024 program and conducting mapping and prospecting to confirm high-grade copper samples along the High Lake West and A, B Zone [17][16]. - The strategic location of Blue Star's assets near the proposed Grays Bay Road and Port Project will enhance accessibility and lower operational costs, facilitating future growth [21][25].