C O R P O R A T E P R E S E N T A T I O N F O R W A R D L O O K I - - PowerPoint PPT Presentation

C O R P O R A T E P R E S E N T A T I O N

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

This presentation contains certain forward-looking information and statements. Such forward-looking information and statements are based

• n the current, estimates and projections of the Company or assumptions based on information currently available to the Company. Such

forward-looking information and statements refmect current views with respect to future events and are subject to risks, uncertainties and

• assumptions. The Company cannot give assurance to the correctness of such information and statements. These forward-looking information

and statements can generally be identifjed by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use terminology such as “targets”, “believes”, “expects”, “aims”, “assumes”, “intends”, “plans”, “seeks”, “will”, “may”, “anticipates”, “would”, “could”, “continues”, “estimate”, “milestone” or other words of similar meaning and similar expressions or the negatives thereof. By their nature, forward-looking information and statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements that may be expressed or implied by the forward-looking information and statements in this presentation. Should one or more of these risks or uncertainties materialize, or should any underlying assumptions prove to be incorrect, the Company’s actual fjnancial condition

• r results of operations could differ materially from that or those described herein as anticipated, believed, estimated or expected. Any

forward-looking information or statements in this presentation speak only as at the date of this presentation. The Company does not intend, and expressly disclaims any obligation or undertaking, to publicly update, correct or revise any of the information included in this presentation, including forward looking information and statements, whether to refmect changes in the Company’s expectations with regard thereto or as a result of new information, future events, changes in conditions or circumstances or otherwise on which any statement in this presentation is based. Given the aforementioned uncertainties, prospective investors are cautioned not to place undue reliance on any of these forward- looking statements. Note on Technical Disclosure

• Mr. Jason K. Dunning, M.Sc., FSEG, P

.Geo. is a qualifjed person as defjned by National Instrument 43-101, who has supervised the preparation

• f the scientifjc and technical information that forms the basis for the disclosure with respect to the results of exploration on the Company’s

projects, as contained on this website. Mr. Dunning is an independent, professional consultant for Headframe Geoscience based in Toronto, Ontario, Canada.

F O R W A R D L O O K I N G I N F O R M A T I O N

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

Callinan Mines, originally founded by Jack Callinan in 1927, has had a major presence in the Flin Flon Mining district in northern Manitoba, Canada. In 2011, the business was split in two entities: a royalty company and exploration company which is now Callinex Mines Inc.

O U R H I S T O R Y , O u r m i s s i o n

OUR MISSION

To drive shareholder value by discovering an economic orebody in Manitoba and identifying additional acquisition opportunities in the natural resource space.

1927 2011

OUR HISTORY

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

TSX-V: CNX I OTCQX: CLLXF

C O R P O R A T E O V E R V I E W

Market Cap

8.9 Million

Closing Price

$0.28

(9/9/2014)

Shares Outstanding

32 Million

RECENT TRADING CAPITAL STRUCTURE ENTERPRISE VALUE

52-Week Range

$0.17 - $0.66

Options Outstanding

2.7 Million

Debt

$0

Warrants Outstanding

10 Million

Cash

$1.15 Million

As of 6/30/2014 (unaudited)

Average Daily Volume (3 - mo)

21,000

All information as of 9/9/2014 unless otherwise stated

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

M A N A G E M E N T T E A M

Mike Muzylowski

Chairman

Max Porterfjeld

CEO, President and Director

Rebecca Moriarty

Chief financial officer

David Legault

SENIOR GEOLOGIST

A renowned geologist and member of the Canadian Mining Hall of Fame with over 50 years

• f experience which has included

the discovery and development

• f 16 mineral deposits through to

production Over eight years of experience in natural resources and fjnancial markets, previously with Brazil Resources Inc., Uranium Energy Corp and US Global Investors A Chartered Accountant with over 14 years of experience related to the mining industry, previously with PwC providing corporate fjnance, strategic planning and regulatory compliance services A seasoned exploration geologist specialized in structural geology with 14 years of experience in gold, base metals and VMS deposits in the Iberian Pyrite Belt and in the Canadian Shield

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

• u r c h a i r m a n

TRACK RECORD

Discovered and developed 16 mineral deposits that became producing mines, 13 in Manitoba

ACCOLADES

Inducted to Canadian Mining Hall of Fame and recipient of the Developer

• f the Year award by the Prospectors

& Developers Association of Canada

PREVIOUS SUCCESS

Built numerous mining companies, notably Granges Inc. and Hycroft Resources

TRAILBLAZER

Among the fjrst to access capital in foreign fjnancial centers and implementation of geophysics in mineral exploration

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

W H Y M A N I T O B A

MANAGEMENT EXPERIENCE

Over 50 years of experience and 13 mines discovered in Manitoba

MINERAL ENDOWMENT

Rich history of mining with fjrst exploration in 18821, yet large areas of high mineral potential remain under-explored

MARKET ACCESS

A central hub to the Mid-Continent Trade Corridor that is connected to North American, Asian and European Markets via road, rail, sea and air

WORLD CLASS JURISDICTION

Ranked 10th globally for best mining practices2 including direct government fjnancial assistance for resource development and reductions in taxation for mining operations

1Source: Mines of Manitoba (2009) 2Source: Fraser Institute: Survey of Mining Companies (2013)

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

ECONOMIC

Typically high grade polymetallic ore deposits containing Copper, Lead, Zinc, Gold and Silver

FORMATION

Deposits

• ccur

where mineral rich, superheated water is brought to the surface by volcanic activity

DISTRICT SCALE

Most VMS deposits occur in clusters that defjne major mining districts, such as Flin Flon

PREVALENCE

350 deposits and major VMS occurrences in Canada; Manitoba hosts the second largest number of deposits in the nation1

Source: 1 Mineral Deposits of Canada, Volcanogenic Massive Sulphide Deposits

VOLCANOGENIC MASSIVE SULPHIDE DEPOSITS

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

F L I N F L O N M I N I N G D I S T R I C T

Flin Flon (80 Mt) Snow Lake (40 Mt)

SUCCESS RATE

Continuous mining since the 1930’s with the discovery of 30 Volcanic Massive Sulphide (VMS) deposits leading to the development of 27 mines

TIMELINES AND CAPEX

Less than ten years from discovery to development with lower than normal capital expenditures

INFRASTRUCTURE

Comprehensive road, rail, electric and water infrastructure support quick development of new discoveries

DEPTH OF MINES

Initial Production

• 1500
• 1200
• 900
• 600
• 300

1916 1930 1948 1955 1955 1982 1990 2004

Average Depth (m)

777 Callinan Trout Lake North Star Flin Flon Cuprus Mandy Don Jon Recent discoveries have been larger in size and deeper than previous discoveries Clusters of VMS deposits make up the Flin Flon/Snow Lake mining districts in the Flin Flon Greenstone belt

CLUSTER EFFECT

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

F L I N F L O N M I N I N G D I S T R I C T

LEGEND

Mine Site / Historic Mine Site Powerline Highway Rail Callinex Claims Hudbay Minerals Claim Currently Staked Area

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

1 K M R A D I U S

• 9

V M S D E P O S I T S

LOCATION

3,798 hectare (9,385 acre) project located 9km (5.5mi) southeast of Flin Flon, MB within 10km (6mi) of nine VMS deposits

ROCK PACKAGE

Felsic volcanic environment known to be favourable for VMS formation

INFRASTRUCTURE

Accessible by road and railway, with onsite electricity and water

GEOPHYSICAL SURVEY

2013 airbourne survey identifjed six highly prospective geophysical targets

F L I N F L O N P R O J E C T

777 Mine

N

LEGEND

Mine Site / Historic Mine Site Powerline Highway Rail Callinex Claims Hudbay Minerals Claim Currently Staked Area

Flin Flon Project 777 Mine

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

LOCATION

4,550 hectare (11,243 acre) project 20km (12mi) east of Flin Flon, MB within the Flin Flon Greenstone Belt

INFRASTRUCTURE

Accessible by road directly from Flin Flon mining camp with power onsite

PROSPECTIVITY

Project hosts four signifjcant historic mineral occurrences, three of them VMS deposits

HISTORIC RESOURCE

1970’s resource* indicated deposit of 1,113,200 tons grading 2.75% Copper at a cutoff of 1%

* Prior to NI 43-101 resources

P I N E B A Y P R O J E C T

LEGEND

Mine Site / Historic Mine Site Powerline Highway Rail Callinex Claims Hudbay Minerals Claim Currently Staked Area

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

MINE DEPLETION

Two of three operating mines in Manitoba are set to close:

• 777 Mine to be exhausted by 2020
• Reed Lake Mine to be exhausted 2019

EXPLORATION FOCUS

$15 million 2014 exploration budget is focused on expanding existing deposits, leaving little room for new discoveries

VMS VENTURES

Discovered VMS deposit 45km southwest of Snow Lake, MB in 2007. Joint Venture signed with HudBay for a 70% interest, operator, and exclusive rights to purchase and market the ore in 2010

H U D B A Y ' S M A N I T O B A O P E R A T I O N S

“The key elements of our plan are to acquire VMS and porphyry exploration and development properties that are located in mining-friendly jurisdictions in the Americas and have exploration upside potential” David Garofalo President and CEO

Letter to Shareholders, May 8, 2014

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

LOCATION

5,303 hectare (13,104 acre) project in East-Central Manitoba, 220km from Norway House

PROSPECTIVITY

High grade veins with mineralized rock wall could have the potential for a “bulk tonnage” operation

HISTORIC GOLD MINE

Island Lake Gold Mine produced 5,741oz of gold in the mid-1930’s, with an average grade of 28.3 g/ton (0.91

• z/ton)

I S L A N D L A K E P R O J E C T

LEGEND

Island Lake Gold Mine Grab Samples Bulk Samples Mineral Fault Lines Island Lake Project Currently Staked Area

N

0.11oz/ton 0.11 oz/ton 0.05 oz/ton 0.21 oz/ton 0.93 oz/ton 2.20 oz/ton 2.87 oz/ton 1.99 oz/ton 2.87 oz/ton 0.73 oz/ton 3.56 oz/ton 4.95 oz/ton 47.25 oz from 70 tons 0.93 oz/ton

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

BULK SAMPLE

70 ton sample taken from two pits on the property recovered 47.3oz of gold (0.68oz/ton, 21.2g/ton)

STRIKE LENGTH

Seven showings with assays over 31.1g/ton (1oz/ton) gold over a strike greater than 1600m (1mi)

GRAB SAMPLES

Assayed up to 149.3g/ton (4.8oz/ton) Gold, 4.7% Copper, 3.6% Lead and 2.2% Zinc

I S L A N D L A K E P R O J E C T

E X P L O R A T I O N U P S I D E

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

LOCATION

44,300 hectare (109,000 acre) project in Northern Manitoba, 13km (8mi) from Thompson, MB

INFRASTRUCTURE

Near highway, accessible by winter road, onsite water and electricity

ROCK PACKAGE

Volcano-sedimentary layered rock belonging to the Thompson Nickel Belt

N E U R O N P R O J E C T

N

LEGEND

Mine Site / Historic Mine Site Powerline Highway Rail Neuron Project Hudbay Minerals Claim Currently Staked Area

Location of 2014 Drilling

Thompson, MB

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

GEOPHYSICAL TARGET

1,850km EM airborne survey identifjed several areas of conductivity as targets for graphite mineralization

HIGH GRADE

12-hole drill program revealed high grade results, notably 4.1m at 60.38% carbon graphite

LARGE FLAKE

Coarse fmake size revealed by preliminary mineralogical work

N E U R O N P R O J E C T

D R I L L I N G R E S U L T S

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

D E E P E R E X P L O R A T I O N P O R T F O L I O

PROJECT GEOGRAPHY INFRASTRUCTURE TOTAL ACREAGE MINERAL Coles Creek Near Smithers, British Columbia Helicopter 12552 Cu-Ag-Mo Keputch Central Saskatchewan Helicopter 73 Cu-Zn-Pb Cedar Near Flin Flon, Manitoba Paved Road 352 Cu-Zn-Pb Gossan/Gurney/Rug Near Flin Flon, Manitoba Railway 7444 Au Sneath Lake Snow Lake area, Manitoba Paved Road 1431 Cu-Zn-Pb Kobar Snow Lake area, Manitoba Helicopter 453 Cu-Zn-Pb Cook Lake Snow Lake area, Manitoba Helicopter 16 Cu-Zn-Pb Herblet Lake Snow Lake area, Manitoba Paved Road 2441 Cu-Zn-Pb Norris Lake Snow Lake area, Manitoba Logging Road 1950 Ni-Cu Pulver Lake Snow Lake area, Manitoba Helicopter 5552 Cu-Zn-Pb Tramping Lake Snow Lake area, Manitoba Logging Road 1228 Cu-Zn-Pb Moak Near Thompson, Manitoba Gravel road 429 Ni-Cu Pine/Setting Near Thompson, Manitoba Paved Road 1612 Cu-Zn-Pb Fox River Near Gillam, Manitoba Helicopter 3792 Ni-Cu

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I N V E S T M E N T S U M M A R Y

PROJECT PORTFOLIO

Exploration projects located within Manitoba’s prolifjc mining camps

STRONG TEAM

Identifying economic orebodies and access to capital markets

TIGHT CAPITAL STRUCTURE

Supportive North American and European shareholder base with a longterm outlook

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C A L L I N E X C O R P O R AT E P R E S E N TAT I O N

604.605.0885 info@callinex.ca www.callinex.ca Corporate Head Offjce 1110 - 555 West Hastings Street Vancouver, BC Canada V6B 4N4 President, CEO and Director: Max Porterfjeld Corporate Counsel: Northwest Law Group Auditors: Davidson & Company LLP

C O N T A C T I N F O R M A T I O N