Callinan Royalties Limited

Published : November 19th, 2008

Metallurgical Study Completed On CAL Claims

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

News Release

Wednesday, November 19, 2008

Metallurgical Study Completed On CAL Claims

VANCOUVER - Metallurgical testing on pulps of drill core samples from Callinan Mines' CAL Claims property, has been completed by Process Research Associates Ltd. of Richmond, B.C (PRA labs). The program was conducted over a one year period, and consisted of 14 lab scale tests. Core samples from the CAL claims were assayed and composited into one large sample for testing, assaying at 0.60% copper, 0.19% nickel and 0.13g/t gold.

The metallurgical test work was conducted on the composite sample from the CAL claims by PRA labs under the supervision of Gie Tan, PhD., and Frank Wright, P.Eng., qualified persons as defined by National Instrument 43-101. The results were reviewed by Doug A. Knight, metallurgist, formerly of Placer Development.

The laboratory flotation test produced a copper concentrate with a grade of 34% copper, and 2.5 g/t gold, at a recovery rate of 89.6%. The company is encouraged by these concentrate grades, and is regarding them as a substantial milestone in the ongoing development of this project.

Most of the nickel is closely associated with pyrrhotite. The nickel flotation has not yet been optimized.

A review of the geophysical surveys and the drilling completed to date has indicated that additional drilling is warranted to explore for potential downward extensions to this system.

"The source of this mineralization is magmatic and the grade of this type of mineralization can often improve with depth," President Muzylowski explained. "A further drill program is warranted. This will become part of the company's development exploration endeavors."


The CAL claims are located between Snow Lake and Thompson, Manitoba. These tests were carried out on drill core from the 2007 program (detailed results can be found in
Callinan's news released dated July 31, 2007, and at Callinan.com).

On Behalf of the Board of Directors,

Mike Muzylowski
Mike Muzylowski


The CAL Claims program is overseen by Pat DeVeaux, a qualified person as defined by National Instrument 43-101, who has reviewed and approved the contents of this release. The TSX Venture exchange has not reviewed and is not responsible for the adequacy or accuracy of this release

 

Home  |  About Us  |  Callinan Properties  |  News  |  Investors

  |  

Callinan Royalties Limited

PRODUCER
CODE : CAA.V
ISIN : CA13124H1064
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Callinan Royalties is a silver and gold royalty company based in Canada.

Callinan Royalties produces silver, gold, copper, lead and zinc in Canada, develops copper, lead and zinc in Canada, and holds various exploration projects in Canada.

Its main assets in production are 777 MINE, COLES CREEK and CALLINAN MINE in Canada, its main assets in development are GUNNISON and WAR BABY in Canada and its main exploration properties are THOMPSON BELT in Cambodia and FLIN FLON, FOX RIVER MAFIC BELT, SNEATH LAKE, DION, BERRY CREEK, RAYFIELD, ECHO LAKE, CANDLE LAKE and CAL in Canada.

Callinan Royalties is listed in Canada and in United States of America. Its market capitalisation is CA$ 88.8 millions as of today (US$ 70.9 millions, € 62.4 millions).

Its stock quote reached its lowest recent point on December 31, 2001 at CA$ 0.07, and its highest recent level on December 31, 2010 at CA$ 3.37.

Callinan Royalties has 49 360 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Callinan Royalties Limited
5/16/2014and Estrella Gold Corporation Complete Financing
10/16/2013Royalties and Avrupa Minerals Complete Financing
8/14/2013$5.4 Million Convertible Debenture With Gold Royalties Corpo...
4/21/2011Announces Normal Course Issuer Bid
3/29/2011sets Record and Meeting Dates for Spin-Out Transaction
1/25/2011Amends Terms of Private Placement
Option Grants of Callinan Royalties Limited
9/27/2012Royalties Releases Q4 and Year End Financial Statements & An...
Nominations of Callinan Royalties Limited
11/1/2013Announces Implementation of Notice and Access Provisions For...
9/24/2013Adopts Advance Notice By-Law for Nominating Directors and Ma...
Financials of Callinan Royalties Limited
3/3/2011Publishes 2nd Quarter Financial Results
11/30/2010Releases Q1 Financial Statements
Project news of Callinan Royalties Limited
10/25/2013Royalties and Renaissance Gold Enter Into Exploration Allian...
10/4/2013Royalties and Avrupa Minerals Enter Into Exploration Allianc...
7/23/2013Receives Balance of 2012 Net Profits Interest Royalty Paymen...
11/8/2012Royalties Agrees to $1 Million Investment into Golden Dory a...
10/26/2012Royalties and Evrim Resources Enter Into An Alliance and Inv...
3/15/2011(777 Mine)Receives Adjustment Payment From HudBay Minerals
3/4/2011(Gossan Mb)Drilling at Gossan Hill Intersects 5.94 g/Mt over 14.77 metr...
2/25/2011(Gossan Mb)Drilling at Gossan Hill Intersects 9.73 g/mT Gold over 5.75 ...
2/15/2011(777 Mine)Receives Fourth Quarter Royalty Payment from HudBay Minerals
1/12/2011(Coles Creek)Coles Creek Drill Program Uncovers Large Mineralized System
8/16/2010Receives Q2 Net Profits Interest Payment from HudBay Mineral...
6/15/2009(Berry Creek)Intersects Gold Zone at Berry Creek
12/2/2008(Callinan Mine)Is Protecting its Interest in the 777 and Callinan Mines
8/26/2008(Phillips Lake)Nickel Mineralization Discovered at Phillips Project
7/22/2008(Coles Creek)Activity Update
5/29/2008(Fox River Mafic Belt)Amends Fox River Agreement
5/13/2008(777 Mine)Recieves Net Profits Interest from Hudbay Minerals' 777 mine...
3/17/2008(Fox River Mafic Belt)Begins 2008 Drilling Program at Fox River
Corporate news of Callinan Royalties Limited
2/25/2015Graduates to the Toronto Stock Exchange
12/17/2014Reports on 2014 Annual General Meeting
12/12/2014Receives Conditional Approval for TSX Graduation
11/26/2014Callinan Announces Comprehensive Agreement with Hudbay
11/25/2014Callinan Royalties Releases Q1 Financial Statements & Announ...
11/20/2014Callinan Royalties Accepts Early Prepayment from Wallbridge ...
11/14/2014Callinan Royalties Announces Its 2014 Annual General Meeting
10/22/2014Callinan Announces New Interim President and CEO and Resigna...
10/11/2014Callinan Royalties Releases Q4 and Year End Financial Statem...
8/21/2014Callinan Announces Quarterly Royalty Payments and Declares Q...
3/24/2014Reports on Line of Credit for Wallbridge Mining's Broken Ham...
1/13/2014(Cal)New Year Letter to Shareholders of Callinan Royalties Corpor...
12/18/2013Announces Continuation of Normal Course Issuer Bid & Reports...
12/11/2013(Cal)Quarterly Letter to Shareholders of Callinan Royalties Corpo...
12/5/2013Reports On 2013 Annual and Special Meeting of Shareholders
11/29/2013Royalties Releases Q1 Financial Statements & Announces Quart...
10/1/2013(Cal)Quarterly Letter to Shareholders of Callinan Royalties Corpo...
9/27/2013Royalties to Recommence Litigation and File Amended Claim Ag...
9/27/2013Royalties Releases Q4 and Year End Financial Statements
8/27/2013Royalties Recommences Litigation Against Hudbay Minerals
8/23/2013Announces Quarterly Royalty Payments and Declares Quarterly ...
8/1/2013Royalties and Excelsior Mining Close Investment Agreement
7/23/2013Royalties and Excelsior Mining Enter Into an Investment and ...
7/23/2013Royalties and Excelsior Mining Enter Into an Investment and ...
5/29/2013Royalties Releases Q3 Financial Statements and Announces Qua...
2/13/2013Announces Quarterly Royalty Payments
9/27/2012Clarifies Number of Outstanding Shares
8/16/2012Announces Quarterly Royalty Payments
7/10/2012Royalties has published a News Release
5/31/2012Royalties has published a News Release
5/16/2012Royalties has published a News Release
4/27/2012Royalties has published a News Release
3/15/2012Royalties has published a News Release
3/1/2012Royalties has published a News Release
2/15/2012Royalties has published a News Release
12/14/2011Royalties has published a News Release
9/8/2011Royalties has published a News Release
8/23/2011Royalties has published a News Release
7/14/2011(Cal)Closes Arrangement and Changes Name to Callinan Royalties Co...
7/6/2011(Cal)Announces Effective Date of Arrangement and Proposed Listing...
7/4/2011(Cal)Manitoba Court Rules in Callinan's Favour: Access to Auditor...
6/9/2011(Cal)receives shareholder approval and final court order for Arra...
6/2/2011Releases Q3 Financial Statements
5/20/2011Receives Net Profits Interest Payment from HudBay Minerals
4/18/2011(Pine)Gossan Hill Results Show Greater Widths, Drilling to Commenc...
1/12/2011Mike Muzylowski to be Inducted into Canadian Mining Hall of ...
9/3/2009Options Island Lake Claims and Plans Exploration Program
8/14/2009Receives Net Profits Interest Payment from HudBay Minerals
2/12/2009Receives Net Profits Interest Payment from HudBay Minerals
1/26/2009Phillips Lake Drill Permits Received
11/19/2008Metallurgical Study Completed On CAL Claims
11/14/2008Receives Net Profits Interest Payment from HudBay Minerals
11/14/2008Encouraging Assays Returned from Coles Creek
8/14/2008Receives Largest Quarterly NPI Payment To Date
6/17/2008Plans Summer Drill Program for Dion Lake Uranium Claims
5/9/2008Present at the Hard Assets Conference in New York
4/7/2006(Rayfield)and Bell locate strong conductive target at Fox River
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (CAA.V)Other OTC (CCNMF)
1.80+2.86%1.87-0.53%
TSX-V
CA$ 1.80
02/25 16:31 0.050
2.86%
Prev close Open
1.76 1.75
Low High
1.74 1.80
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  1.80 -%
Volume 1 month var.
30,525 -%
24hGold TrendPower© : -30
Produces Copper - Gold - Lead - Silver - Zinc
Develops Copper - Lead - Zinc
Explores for Copper - Gold - Nickel - Palladium - Platinum - Silver - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.69+13.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.60+1.83%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.61+0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :