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Investor Presentaiton

FLIN FLON MINING DISTRICT SUCCESS RATE Continuous mining since the 1920's with the discovery of over 50 VMS deposits, leading to the development of 32 mines INFRASTRUCTURE Over $1.6 billion invested towards mine development with road, rail, power and water infrastructure to facilitate quick development of new discoveries DEPTH OF MINES TIMELINES AND CAPEX Typically less than six years from discovery to development with reduced capital expenditures CLUSTER EFFECT દ Average Depth (m) -300 -600 -900 -1200 Initial Production 1916 1930 1948 1955 1955 1975 1982 1990 2004 2013 0 0 Mandy Don Jon North Star Centennial Cuprus וויו Callinan 16 2 Deposit Size (Million Tonnes) 20+ Trout Lake 777 Lalor -1500 Flin Flon Average Depth Deposit Size Recent discoveries have been larger in size and deeper than previously found 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 10 CALLINEX CORPORATE PRESENTATION TSX-V: CNX | OTCQX: CLLXF
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