InZinc Mining Completes Exploration Drilling at Indy Zinc and Precious Metals Project, British Columbia

Vancouver, British Columbia–(Newsfile Corp. – October 12, 2022) – InZinc Mining Ltd. (TSXV:IZN) (“InZinc” or the “Company”) is pleased to announce the completion of the 2022 drilling program and the demobilization of equipment and personnel from the Indy zinc and precious metals exploration project (100 %) (“India“or the”Project“) located 100 kilometers (km) southeast of Prince George in central British Columbia. The 2616 meter (m) ground diamond drill program (17 drill holes) explored three new zones and the extension of the mineralization discovered in the B-9 Zone All drill core samples have been delivered to the lab for analysis and final results are expected before the end of the year, depending on lab turnaround time .

Near surface, high-grade Sedex-type zinc mineralization (15.3% Zn+Pb and 24.5 g/t Ag over 6.3 m) was discovered by ground geochemistry and follow-up diamond drilling (11 drill holes) in the B-9 zone to 2018. Since discovery, an additional 10 km of unexplored base metal and silver (+/- gold) drill targets have been outlined along strike. 29 km from the project (200 km2 mining concessions).

Road access

Drilling was supported by existing logging roads and new access trails constructed in 2022. The Delta Horizon 2021 drill trail was extended by 3 km in 2022 to access the new Fox, Keel and Echo targets and now provides a platform for future secondary and proximal access to the Echo South, Echo North, Fox West and Hat targets. The main road access to Target B-9 was completed in 2021.

Airborne geophysical survey

An airborne geophysical survey of 1,100 line km was completed and covered the 29 km length of the project. Final data has been received and ongoing analysis continues to support geological and geochemical models.

Exploration drilling

Of the 11 drill targets described on the project, comprising a total length of 10 km of soil geochemical anomalies, four zones comprising 1.2 km in total length were drilled in 2022.

  • Fox East silver-gold objective: Five holes were drilled at Fox East, a 500m long trend centered approximately 500m north of the Echo South target.
  • Zinc+/-silver target pin: Four holes were drilled at Keel, a 400m long corridor located 200m west of the Echo target.
  • Center echo area: Three holes were drilled in the central 250m portion of the 1.9km Echo zinc target.
  • Area B-9: Five holes were drilled in the area where significant mineralization was discovered during the 2018 drilling.
  • Echo South Zinc Target: Exploration drilling at Echo South, the strongest and most continuous part (750 m) of the 1.9 km long Echo anomaly, has been postponed due to a combination of declining supply in borehole water (stream) and difficult terrain. The extension of the drill track to access Echo South has been reviewed by local road engineers/builders and is now being reconsidered for 2023 programs.

Numerous zinc and precious metal drill targets are found along the 7 km main trend. The Echo North, Delta Horizon and Anomaly C zinc targets will be considered for future drilling programs. Additionally, the Fox West, Hat and Anomaly G precious metal targets will also be considered for future drilling programs.

Indy Project – Main Trend – 2022 Drilling Areas

About InZinc

InZinc is an active explorer and, through earnings, equity and royalties, has exposure to a diverse portfolio of active base and precious metal projects in North America. Since the 2018 discovery of near-surface high-grade mineralization at the Indy Project (100% acquisition), InZinc has outlined over 10 km of high-quality exploration base and precious metal targets and has extended its mineral tenure to 200 km2 in a new and unexplored mineral region in central British Columbia, Canada. At the end of 2021, a Canadian subsidiary of South32 (ASX, LSE, JSE) became a major tenure holder in the belt by staking around 200 km2 of adjacent claims. InZinc has a significant stake in American West Metals (ASX), which is advancing several base metal projects in North America. In addition, InZinc has a production royalty and will receive 50% of the revenue (NSR) from the sale of indium mined from American West’s West Desert project.

InZinc Mining Ltd.

Wayne Hubert
____________

Chief executive officer
Phone: 604.687.7211
Website: www.inzincmining.com

For more information contact:
Joyce Musial
Vice President, Corporate Affairs
Phone: 604.317.2728
E-mail: This email address is protected from spam. You need JavaScript enabled to view it.

Qualified person

Brian McGrath, B.Sc., P.Geo. a qualified person as defined in National Instrument 43-101 – Disclosure standards for mining projectshas approved the technical content of this press release.

Caution Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking information includes, but is not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such as the successful completion of American West’s IPO on the Australian Securities Exchange. Although the Company believes these statements to be reasonable, it cannot guarantee that these expectations will prove to be correct. Forward-looking statements are generally identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “plan”, “conceive”, “assume” and similar expressions, or are they, which by their nature refer to future events. The Company cautions investors that the Company’s forward-looking statements are not guarantees of future results, performance or actions and that actual results and actions may differ materially from those in the forward-looking statements due to a variety of factors, including , but not limited to, the risks and uncertainties disclosed in the Company’s MD&A for the fiscal year ended December 31, 2021 and for the six months ended June 30, 2022 filed with certain securities commissions in Canada and other information published by the Company and filed with the appropriate regulatory authorities. All of the Company’s Canadian public filings are available through www.sedar.com.

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.

Comments are closed.