http://www.callinan.com/ Callinan’s interest in the 777 mine is by far their most tangible and valuable asset. The company intends to prove in the near future that their exploration projects, particularly the War Baby and the Thompson Properties, are of the same world class calibre. Today, though, the earth beneath Jack Callinan’s original claim blocks is a steady income producer that is expected to last for some time. The mine’s operator, HBMS, has gone to no small expense to update the project’s infrastructure – an undeniable testament to the strength and value of the resource (link to news release) Callinan’s management has shown a continuing commitment to using the revenue from The Callinan Mine and 777 Mine to establish the value in numerous other promising and diverse exploration projects. Rising metal prices make the potential in all of their properties increasingly lucrative. The properties that Callinan has chosen for their exploration expenditures have been selected because they are potential future large underground deposits. The projects’ locations near existing mining infrastructure gives them a head start towards feasibility, even in times of low metal prices. The War Baby Claim is directly adjacent to the 777 claim in Flin Flon. The property is owned 100% by Callinan. It is widely speculated that The War Baby hosts an extension to the 777 ore body. (Click for map) The nickel processing infrastructure in Thompson is world class and services numerous existing mines in the area. After some hard work and a bit of luck, Callinan’s Pine Lake and Phillips properties could very well be the next to feed the area’s busy mills and smelters. The ongoing exploration activity in the Fox River area is a good indication of the industry’s faith in the area’s Ultramafic properties. (Click on either of the following for detailed information: Geology PDF - Maphic PDF). The intrusions in Fox River are strongly believed to be similar to those in the Thompson and Ungava nickel districts. The type of nickel deposits associated with intrusions of Fox River’s nature are often very large. Some ultramafic nickel deposits sustain mines for decades. A smelter and processing facilities are located nearby in Thompson, Manitoba. Callinan’s Fox River claims are the site of several electromagnetic anomalies on the north flank of the Fox River Sill. These anomalies are recommended for extensive geochemical and geophysical testing.
