VANCOUVER, May 16 /PRNewswire/ - Callinan Mines has received an interim payment of $5,071,197 from HudBay Minerals Inc. This payment represents 75% of an estimate of 6 ⅔ % of the net profits plus $0.25 per ton of ore mined from the 777 Mine in Flin Flon, Manitoba for the quarter ended March 31st, 2011.

On Behalf of the Board of Directors,

Mike Muzylowski

Mike Muzylowski

President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated work programs and the timing and amount of expenditures. Callinan does not assume the obligation to update any forward-looking statement.

SOURCE Callinan Mines Ltd.

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