Callinan Receives Q2 Net Profits Interest Payment

- August 16th, 2010

Callinan Mines (CVE:CAA) reports it has received an interim payment of $3,266,325 from HudBay Minerals Inc. This payment represents 75% of an estimate of 6 2/3% of the net profits from the 777 Mine in Flin Flon, Manitoba for the quarter ended June 30th, 2010. For complete news release, click here.

Callinan Mines (TSXV:CAA) reports it has received an interim payment of $3,266,325 from HudBay Minerals Inc.

This payment represents 75% of an estimate of 6 2/3% of the net profits from the 777 Mine in Flin Flon, Manitoba for the quarter ended June 30th, 2010.

For complete news release, click here.

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