In a year end letter Callinex President Max Porterfield states the Company’s relentless focus on expanding the high grade copper, gold, silver and zinc Rainbow deposit located just outside Flin Flon has paid off handsomely.  With over 70 holes drilled the Rainbow has expanded significantly closer to surface over the last year and consistent high copper grades have been intersected throughout the deposit. He reports Rainbow has emerged as one of the highest grade copper deposits on a global basis with the average drill hole composite grade of copper intersected at 4.04 percent compared to the global average grade of copper mined annually of .50 percent.

Porterfield adds the very steeply dipping nature of the Rainbow deposit makes for an ideal underground mining scenario with the potential to utilize open stope bulk mining.  He says the Company will remain steadfast in their commitment to the community of Flin Flon and their goal to drive long term job creation as they define Rainbow and beyond.  He notes this year they aim to delineate Rainbow within the first one kilometer of surface and provide a maiden resource estimate for it and the historic Pine Bay Deposit 650 meters away.