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TSX-V: CNX I OTCQX: CLLXF A L e a d i n g Z i n c J u n i o r i n E s t a b l i s h e d C a n a d i a n M i n i n g D i s t r i c t s 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 This presentation contains certain forward-looking


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SLIDE 1

A L e a d i n g Z i n c J u n i o r i n E s t a b l i s h e d C a n a d i a n M i n i n g D i s t r i c t s

TSX-V: CNX I OTCQX: CLLXF

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SLIDE 2

This presentation contains certain forward-looking information and statements. Such forward-looking information and statements are based on 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 difger 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 or results of operations could difger 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. Except under the applicable securities laws, 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. The technical content of this presentation has been reviewed and approved by James Pickell, P .Geo, a consultant to the Company, and a Qualifjed Person as defjned by National Instrument 43-101.

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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SLIDE 3

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C A L L I N E X I N V E S TO R P R E S E N TAT I O N T S X - V: C N X | O T C Q X : C L L X F

Callinan Mines, founded by Jack Callinan in 1927, has had a major presence in the Flin Flon mining district in Manitoba, Canada 777 VMS Mine, discovered on Callinan claims, commences production and royalty payments begin Callinan Mines splits into two entities: Callinan Royalties and Callinex, which holds the exploration portfolio today Callinex renews exploration focus on VMS deposits Callinex announces new zinc and gold VMS discovery

1927 2011

OUR HISTORY

2014 2016 2004

To drive shareholder value by discovering and developing economic base and precious metal rich VMS deposits

OUR MISSION

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C A L L I N E X 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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SLIDE 4

SHARE PERFORMANCE

CORPORATE OVERVIEW

Closing Price

(10/25/2016)

$0.53

52-Week Range

$0.22 - $0.69

Average Daily Volume (3 - mo)

273,263

RECENT TRADING

Shares Outstanding

77.5M

Options Outstanding

6.2M

($0.35 VWAP)

Warrants Outstanding

4.0M

($0.75 VWAP)

CAPITAL STRUCTURE

Market Cap

$41.0M

Debt

$0

Cash

$10.0M

As of 12/28/2016

ENTERPRISE VALUE

TSX-V: CNX I OTCQX: CLLXF

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C A L L I N E X c o r p o r a t e P R E S E N T A T I O N

INSTITUTIONS 31% INSIDERS & CLOSE ASSOCIATES

29%

RETAIL INVESTORS 40%

OWNERSHIP BREAKDOWN

  • Resource Capital Funds
  • Sprott Group
  • Europacific Gold Fund
  • Plethora Precious Metals Fund
  • Fieldhouse Capital Management
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SLIDE 5

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C A L L I N E X I N V E S T O R P R E S E N TAT I O N T S X - V: C N X | O T C Q X : C L L X F

Mike Muzylowski

Chairman

Max Porterfjeld

CEO, President and Director

Jordan Butler

Corporate development

Rebecca Moriarty

Chief financial officer

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 ten years of experience in natural resources and fjnancial markets, previously with Brazil Resources Inc., Uranium Energy

  • Corp. and US Global Investors

Over six years of experience in the resource sector specializing in identifying and evaluating mineral

  • properties. Previously, Financial

Analyst with Americas Bullion Royalty Corp. and Till Capital 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

MANAGEMENT TEAM

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C A L L I N E X 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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SLIDE 6

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C A L L I N E X I N V E S TO R P R E S E N TAT I O N T S X - V: C N X | O T C Q X : C L L X F

directors And advisory board

DIRECTORS ADVISORY BOARD

Keith Minty

An experienced mining engineer currently serving as the Senior VP

  • f Business Development at Stope Capital Advisors and a Director of

Auryn Resources Inc., previously the Chief Operating Offjcer of Thani Emirates Resource Holdings Ltd.

Carlo Civelli, Chairman

Since founding Clarion Finanz AG in 1980, Mr. Civelli has been instrumental in funding early stage investments, nearly a dozen of which have developed into billion dollar market cap companies

Michael Louie

A Principal in D+H Group LLP with 25 years of accounting experience, specifjcally working on behalf of First Nations organizations and specializing within the Canadian mining sector

Jason Dunning

Over 20 years experience in base and precious metal exploration, currently serving as the Manager of Nystar’s Mining Group, one of the world’s largest zinc producers, and previously a Project Geologist with Hudbay focused on the Flin Flon area

Nico Civelli

An independent fjnancial advisor specializing in natural resources, and the VP of Finance for Pacifjc LNG which recently sold to Oil Search Ltd. for USD $900 million

Steve Swatton

Over 28 years of experience in both technical and senior managerial experience, previously the Global Head of Business Development for BHP Billiton’s Exploration Division

Jayant Bhandari

A Senior Analyst of Anarcho Capital, distinguished speaker and published author, Mr. Bhandari advises institutional investors about opportunities in the natural resources sector on a global scale

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C A L L I N E X 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 I N V E S T O R P R E S E N TAT I O N T S X - V: C N X | O T C Q X : C L L X F

Technical Team

Canadian Mining Hall of Fame Inductee and PDAC Developer of the Year award PDAC Bill Dennis Prospector of the Year award

Mike Muzylowski

Chairman of the Board

Involved in the discovery of 12 VMS mines in the Flin Flon district of Manitoba, Canada. His discoveries include the Trout Lake mine, which operated from 1982-2012. Mr. Muzylowski received the 1988 PDAC Developer of the Year award and is a 2011 inductee into the Canadian Mining Hall of Fame.

Jim Pickell

chief Geologist

Over 40 years of VMS exploration experience globally. Notable discoveries include the Callinan North, Konuto Lake and 777

  • re bodies within the Flin Flon district of Manitoba, Canada.
  • Mr. Pickell is a recipient of the PDAC Bill Dennis Prospector of

the Year Award for his role in the discovery of the 777 Mine.

Alan Vowles

chief Geophysicist

Over 35 years of VMS exploration experience within the North America and an integral member of the HudBay team that discovered the Lalor deposit within the Flin Flon district of Manitoba, Canada.

  • Mr. Vowles is a recipient of the PDAC Bill Dennis Prospector of

the Year Award for his role in the discovery of the Lalor Mine.

JJ O’Donnell

Consulting Geologist

Over 25 years of VMS exploration experience within Canada while holding senior positions with Callinex, HudBay, Selwyn Chihong Mining and Granges. Mr. O’Donnell has been instrumental in the exploration and development of the world-class Howard’s Pass Zinc Project located in the Yukon, Canada.

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C A L L I N E X c o r p o r a t e P R E S E N T A T I O N

TROUT MINE +22 MT LALOR MINE +25 MT 777 MINE +21 MT

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SLIDE 8

magma mass of sulphide deposits sedimentation seawater seepage sea floor heat Ag Au Cu Zn

HIGH GRADE

Polymetallic deposits containing zinc, copper, lead, 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 and Bathurst

PREVALENCE

350 deposits and major VMS occurrences in Canada; Flin Flon and Bathurst Camps are the top two jurisdictions in the nation1

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

VOLCANOGENIC MASSIVE SULPHIDE DEPOSITS

C A L L I N E X c o r p o r a t e P R E S E N T A T I O N

8

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SLIDE 9

SUCCESS RATE

Over 50% of deposits have been advanced to production, totaling 32 mines which have led to 86 consecutive years of mining

INFRASTRUCTURE

Over $1.6 billion invested towards mine development with road, rail, power and water infrastructure to facilitate quick development of new discoveries

TIMELINES AND CAPEX

Typically less than six years from discovery to development with reduced capital expenditures

FLIN FLON MINING DISTRICT

Flin Flon (100 Mt) Snow Lake (60 Mt)

Clusters of VMS deposits make up the Flin Flon/Snow Lake mining districts in the Flin Flon Greenstone Belt

CLUSTER EFFECT

Recent discoveries have typically been larger in size and deeper than previously discovered

DEPTH OF MINES

Initial Production

Average Depth Deposit Size

  • 1500
  • 1200
  • 900
  • 600
  • 300

20+ 16 12 8 4

1916 1930 1948 1955 1955 1982 1990 2004 2013 2014

Average Depth (m) Deposit Size (Million Tonnes)

1975 1969

777 Trout Lake Lalor Reed North Star Flin Flon Cuprus Mandy Don Jon Centennial Callinan Pine Bay

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C A L L I N E X 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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SLIDE 10
  • Operates a 6,000 TPD Mill in Flin Flon, MB, primarily sourcing ore

from the 777 Mine, which has less than four years of mine life

  • 777 discovery hole was discovered at 1,278 meters down-hole

depth with current mining operations down to a vertical depth of ~1,500m with $51/t OPEX

  • Reserves average 6.3 Mt grading 11% Zn Eq. (1.6% Cu, 4.8%

Zn, 1.88 g/t and 27.22 g/t Ag) over 8 meters

  • The +20 Mt 777 deposit has yielded nearly $2 billion in net profjt

HudBay’s Flin Flon Operations

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C A L L I N E X 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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SLIDE 11

N

Flin Flon Project Flin Flon Pine Bay Project 777 Mine Processing Facility

LEGEND

Deposit Historic Mine Pine Bay Shaft Emerging Callinex Discovery Callinex Claims Callinex Mining Lease HudBay Claims Road Power Rail

Strategic Properties Near Hudbay’s Flin Flon Operations

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C A L L I N E X 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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SLIDE 12

Exploration Milestones

Pine Bay East Discovery 2014 2016 Historic data compilation on land package Extensive ground geophysical program and confjrmation drilling Technical team is strengthened Sourdough Bay Discovery

New Zinc and Gold Rich Discovery at Pine Bay

2015

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C A L L I N E X 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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SLIDE 13
  • Strategic property totaling 6,300 sq. ha

located 16 km to Flin Flon, MB

  • Advanced permitting status that includes the

right to conduct mining activities

  • Power, water and road access at site to service

historic shaft and underground workings

  • Property covers 10 km long trend consisting
  • f at least four stacked VMS horizons

pine bay project

N

Pine Bay Project

N

KILOMETERS

Deposit Mine Mine Shaft Emerging Callinex Discovery Callinex Claims Callinex Mining Lease HudBay Claims Road Power Rail

LEGEND

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C A L L I N E X 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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SLIDE 14
  • Explored by Placer Dome during the 1990s,

where they had a mandate to discover a 30 Mt VMS deposit

  • Covers one of the largest felsic rock packages

within the belt, the primary host rock for VMS deposits

  • Large alteration zone spanning 1,100m long and

up to 700m wide has been overturned and is facing to the west, adjacent to three VMS horizons

  • Three stacked horizons host fjve mineralized

zones including the 1.1 Mt Pine Bay Cu deposit

PINE BAY area

POTENTIAL FOR A LARGE VMS DEPOSIT

N

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

N

Deposit Historic Mine Mine Shaft Emerging Callinex Discovery Callinex Claims Callinex Mining Lease HudBay Claims Alteration Zone

N

+ + + + + + + + + Baker Patton Felsic Complex Road Power

LEGEND

C A L L I N E X 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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SLIDE 15
  • Callinex has discovered 10.3m

grading 13.1% Zn Eq. (6.0% Zn, 1.8 g/t Au, 60.4 g/t Ag, 0.7% Cu and 0.4% Pb) by extending a previous Placer Dome drill hole by 38m

  • The most signifjcant gold and

silver results from 625 holes drilled from over 80 years of exploration at the project

  • Nature of mineralization indicates

the VMS system is long-lived and the intersection occurs at the edge

  • f the system

Proof of Concept with New Discovery

Hole From (m) To (m) Interval (m) Zn Eq (%) Zn (%) Au (g/t) Ag (g/t) Cu (%) Pb (%) 284-3-93-DPN 998.80 1010.26 11.46 12.23 5.61 1.65 56.38 0.68 0.35 Including 999.26 1009.59 10.33 13.06 6.00 1.78 60.39 0.71 0.35 Including 999.80 1004.00 4.20 20.77 11.82 2.43 73.77 0.70 0.73 Including 999.80 1002.50 2.70 26.35 16.37 2.57 79.21 0.86 0.98

Cabin VMS Horizon Baker Patton VMS Horizon Pine Bay VMS Horizon

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C A L L I N E X c o r p o r a t e P R E S E N T A T I O N New Discovery – 10.3m of 13.1 Zn Eq.

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SLIDE 16

METERS 250

N

PBM-008 284-3-93-DPN

Lake Athapapuskow

Drill Hole Copper Mineralization Zinc Mineralization Alteration Zone Road Power Callinex Claims Callinex Mineral Lease Hudbay Claims Mine Shaft

LEGEND Pine Bay VMS Horizon Cabin VMS Horizon Baker Patton VMS Horizon

10.3m of 13.1% zinc equivalent including 4.2m of 20.8% zinc equivalent 3.3m of 3.2% copper

Plan Map of the Northern Pine Bay Area

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C A L L I N E X 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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SLIDE 17

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C A L L I N E X c o r p o r a t e P R E S E N T A T I O N

Gemcom 3D View of the Pine Bay Mine Horizon and 3D-Magnetic Lows

Pine Bay VMS Horizon Cabin VMS Horizon Baker Patton VMS Horizon Magnetic Low Isoshells

Looking down and northeast

  • Magenetic lows indicate signifjcant

alteration path along the Cabin Horizon that extends at depth

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SLIDE 18

C A L L I N E X 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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Longitudinal Section of the Cabin VMS Horizon

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SLIDE 19

KILOMETERS 2

N

  • Hosts the historic Sourdough Cu-Zn-Au-Ag

deposit

  • Drilling in 2015 intersected a new blind zone

beneath the Sourdough deposit

  • Borehole surveys identifjed a highly conductive
  • ff-hole target
  • A

200m step-out hole clipped the edge

  • f

the target and intersected 25m of sulphide mineralization

  • Additional drilling planned to intersect the off-hole

target

sourdough area

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C A L L I N E X c o r p o r a t e P R E S E N T A T I O N

SOURDOUGH DEPOSIT CENTENNIAL MINE

LEGEND

Mine Deposit Sourdough Fault Power Callinex Claims Hudbay Claims Road

N

N

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SLIDE 20

C A L L I N E X 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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SLIDE 21

Point Leamington Nash Creek Superjack

  • Portfolio of advanced stage zinc rich VMS

deposits located in established Canadian mining jurisdictions

  • All mineral resources start at or near surface
  • Deposits located near processing facilities and

essential mining infrastructure

  • Provides exposure to rising metal prices with

deposits containing sizeable zinc, gold and silver resources

Portfolio of Zinc Assets

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C A L L I N E X 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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SLIDE 22

Quebec

  • Development-stage VMS project located in the

world-class Bathurst Camp of New Brunswick, Canada

  • Near-surface Indicated resource of 9.0Mt grading

3.6% Zn Eq. containing 712 million pounds of Zn

  • Eq. and an Inferred resource of 1.1Mt grading 3.6%

Zn Eq. containing 88 million pounds of Zn Eq.

  • Located within 90km of two processing facilities, a

seaport and a smelter

  • Only two of fjve mineralized zones contained

within the resource estimate

  • Preliminary testing has indicated amenability to

Dense Media Separation, which is designed to increase the average grade of rock processed

*See News Release dated September 12, 2016

nash creek project

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SUPERJACK NASH CREEK Caribou Mine Brunswick Mine #12 Brunswick Mine #6 Heath Steele Mine Bathurst

90 KM

N C A L L I N E X c o r p o r a t e P R E S E N T A T I O N LEGEND

Processing Facility Lead Smelter Mine Road Power Rail Port City

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SLIDE 23
  • Exploration-stage VMS project located in the

world-class Bathurst Camp of New Brunswick, Canada

  • Near-surface Inferred resource of 3.2Mt

grading 4.6% Zn Eq. containing 328 million pounds of Zn Eq.

  • Located 15km from the ‘supergiant’ Brunswick

#12 Mine, recently one of the largest underground zinc mines in the world

  • A Zone is wide-open at depth of 440m, the

deepest hole drilled (NP11-39) intersected 2.6m of 15.0% Zn, 1.4% Pb, 32.5 g/t Ag and 0.27% Cu*

*See News Release dated May 18, 2016

superjack project

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SUPERJACK NASH CREEK Caribou Mine Brunswick Mine #12 Brunswick Mine #6 Heath Steele Mine Bathurst

50 KM

C A L L I N E X c o r p o r a t e P R E S E N T A T I O N LEGEND

Processing Facility Lead Smelter Mine Road Power Rail Port City

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SLIDE 24
  • Development-stage VMS project located in

Newfoundland, Canada

  • 14.1Mt Inferred resource grading 6.2% Zn Eq.

containing 1.9 billion pounds of Zn Eq. (including 484,000 oz Au at 1.1 g/t Au)

  • Resource starts at surface and extends to a

vertical depth of 350m

  • Advanced permitting stage with resource

contained within current Mining Lease

  • High-grade mineralization open at depth with

assays including 4.67m of 15.1% Zn, 4.4 g/t Au, 57.9 g/t Ag and 0.36% down-plunge from resource*

*See News Release dated May 16, 2016

Point leamington project

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C A L L I N E X 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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Duck Pond Buchans

  • PT. LEAMINGTON

PROJECT Bishop’s Falls Grand Falls Windsor Badger South Brook

LEGEND

Processing Facility

Mine Road Power Trail Port City

N

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Inferred Mineral Resources* Indicated Mineral Resources*

*See news releases dated May 16 and 18, 2016 for additional details

Project Cut-off (Zn Eq) Tonnes Zn Eq. (%) Zn (%) Pb (%) Ag (g/t) Au (g/t) Cu (%)

Nash Creek 2.0 9,033,000 3.58 2.79 0.57 18.16 n/a n/a Total 9,033,000 3.58 2.79 0.57 18.16 n/a n/a

Project Cut-off (Zn. Eq) Tonnes Zn Eq. Zn (%) Pb (%) Ag (g/t) Au (g/t) Cu (%)

Point Leamington 4.0 14,093,000 6.15 1.88 0.02 17.12 1.07 0.42 Superjack 1.5 3,211,015 4.63 3.01 0.78 29.45 n/a 0.27 Nash Creek 2.0 1,113,000 3.58 2.83 0.57 15.51 n/a n/a Total 18,417,015 5.73 2.13 0.19 19.17 0.82 0.37

Total mineral resources

  • Large inventory of zinc resources within established Canadian mining jurisdictions totaling 712 million pounds of Zn Eq.

in the Indicated category and 2.3 billion pounds of Zn Eq. in the Inferred category.

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INVESTMENT SUMMARY

PROJECT PORTFOLIO STRONG TEAM TIGHT CAPITAL STRUCTURE

New high-grade Zn-Au-Ag-Cu VMS discovery near Flin Flon, MB Technical team involved in three of the four largest VMS discoveries within the prolifjc Flin Flon Greenstone Belt Strong portfolio of zinc-rich assets in Canadian mining jurisdictions Funded for upcoming drilling programs with ~$5M in working capital

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604.605.0885 info@callinex.ca www.callinex.ca Corporate Head Offjce 1555 - 555 West Hastings Street Vancouver, BC Canada V6B 4N4 President and CEO: Max Porterfjeld Corporate Counsel: Northwest Law Group Auditors: PwC