Callinex Mines has received a 300 thousand dollar grant from the Manitoba Mineral Development Fund to advance the recently announced Rainbow Discovery. The Discovery is composed of two high grade copper, gold, silver and zinc zones at the Company’s Pine Bay Project 16 kilometers away from Flin Flon.

Callinex President and CEO Max Porterfield states the generous grant from the Manitoba Mineral Development Fund is a strong endorsement for the Rainbow Discovery. He continues they are pleased to see the Manitoba government shares their vision for the potential the Discovery has to create long term jobs for the community of Flin Flon and strengthen the provincial economy.  He adds proceeds from the grant will go directly to fund the ongoing drilling to test the size and extent of the Rainbow Discovery. The Fund was launched by the Manitoba government in August with the specific goal of jump starting mineral and economic development initiatives throughout the province.