Max Porterfield

President & CEO, CALLINEX MINES INC.

Mr. Max Porterfield has nearly two decades of experience in natural resources and capital markets. Callinex has thrived under Mr. Porterfield’s leadership and vision for creating sustainable growth in key Canadian mining jurisdictions. Through his efforts, Callinex has attracted top talent and capital which have collectively led to accretive acquisitions and the discovery of significant base and precious metals rich deposits. This is aligned with and contributes to the Company’s long-term goal of lasting job creation in remote mining communities, with a strong focus on best practices in social and environmental standards. Max was previously with Gold Mining Inc, Uranium Energy Corp and US Global Investors where he was instrumental in attracting capital for each respective organization. Mr. Porterfield is a graduate of Texas Tech University, with a Bachelor’s Degree in Business Administration. He currently resides in Vancouver, BC and is a dual citizen of the United States and Canada.

Abstract

Rainbow: A High-Grade Copper Discovery at a Key Time for an Iconic Canadian Mining Town

Callinex Mines Inc. is pleased to provide an overview on the recently discovered Rainbow deposit in the prolific Flin Flon mining district, Manitoba. The Rainbow deposit was discovered in the later part of 2020 using a non-traditional vectoring approach for the discovery of VMS deposits in the Flin Flon greenstone belt. The Rainbow deposit is located at the 100%-owned Pine Bay project within a mineral lease, less than 250 m from a high-voltage hydroelectric power line and 550 m from a historical shaft with direct road access to processing facilities in Flin Flon.

Callinex’s attraction to the Pine Bay project is that it encompasses the majority of the Baker Patton Complex (BPC), the largest exposed felsic (rhyolitic) volcanic accumulation in the Flin Flon area. This is important because most VMS discoveries in Flin Flon are directly related to rhyolitic flows and volcaniclastic rocks.

Geologically the Rainbow deposit is a newly interpreted fold repeat of the Pine Bay deposit, which is located 600 m east and 500 m north of the Rainbow deposit. The newly interpreted folded horizon that hosts the Rainbow had virtually no previous exploration, and Callinex recognizes huge potential for future discoveries. The Rainbow is the newest deposit discovered along a cross fault that hosts five other deposits to the east, three of which have seen past production.

Mineralization/alteration identified to date includes solid to disseminated sulphides (chalcopyrite, sphalerite, pyrite and pyrrhotite) hosted by a broad (greater than 100 m), sericite-altered, felsic volcanic sequence, transitioning into a more chloritic±sericitic, base-metal–rich alteration footwall, into two solid sulphide horizons (Yellow and Orange zones), capped by silica/sericite and lesser chlorite.
Since the initial discovery in August 2020, Callinex has completed 64 holes (including 12 wedges), totalling 37 750 m.

Speaking at

Base Metals

February 2, 2022 @ 1:30 pm - 3:30 pm PDT