Inzinc Mng Ltd Stock Price, News & Analysis

InZinc Mining (TSXV: IZN) has announced approval for an early summer 2025 diamond drilling program at its 100%-owned Indy Sedex project in central British Columbia. The project, located 90 km southeast of Prince George, is fully permitted for up to 60 drill holes over 5 years.

The B-9 Zone has shown promising near-surface zinc-lead-silver mineralization, with intercepts up to 10.0% (zinc and lead) and 16.2 g/t silver over 9.9m, extending over 450m and remaining open for expansion. A new high-contrast soil anomaly has been discovered 400m east of the B-9 Zone.

The project features extensive exploration potential with 1100 line km of airborne geophysics, over 6000 soil samples, and multiple targets along an 11 km corridor. The property covers 200 square km and 30 km of under-explored strata, strategically positioned near road, rail, power, port, and smelter infrastructure.

InZinc Mining (TSXV: IZN) has discovered a new soil anomaly named Hilo at its Indy Sedex project in British Columbia. The anomaly is located 400m east of the B-9 Zone, where previous drilling revealed 10.0% zinc and lead with 16.2 g/t silver over 9.9m.

The Indy project has been correlated to the Selwyn Basin, one of the world's largest Sedex zinc-lead-silver-barite belts. The project, situated 90km from Prince George, benefits from excellent infrastructure access and holds a renewed 5-year, 60-drill hole permit. The company has $2.0 million in working capital as of September 2024.

The new Hilo anomaly extends over 2.0km by 350m and suggests potential eastward continuation of B-9 Zone mineralization. The B-9 Zone has been intersected in 13 of 15 drill holes over a 450m strike-length to a depth of 130m. Additionally, South32 has increased exploration activities at the adjacent Maguire Sedex project.

InZinc Mining (TSXV: IZN) has advanced two new large-scale drill targets, Keel Barite and Delta Horizon, at its Indy Sedex zinc-lead-silver project in central British Columbia. The company has deferred its planned fall 2024 drill program to 2025 due to wildfire-related challenges. A program of additional soil geochemistry and access preparation for 2025 drilling will commence in September.

The Indy project's geological setting is highly analogous to the zinc-lead-silver-barite Sedex deposits of the Selwyn Basin, which hosts some of the world's largest Sedex deposits. InZinc's property-wide Sedex drill targets include:

• Keel Barite and Keel West: 700m strike of barite mineralization with local zinc-lead enrichment
• Delta Horizon: 1.3km trend of barite mineralization with zinc-lead enrichment
• B-9 Sulphide Zone: Previous drilling highlighted by 10.0% (Zn+Pb), 16.2 g/t Ag over 9.9m

InZinc Mining (TSXV: LTHIF) has received a 5-year drill permit renewal for its Indy Sedex project in central British Columbia. The permit allows for up to 60 drill holes, access trails, and related work. However, wildfire-related evacuation orders in nearby areas have prompted the company to re-evaluate the timing of its next drill testing phase.

Recent geological studies suggest that Indy's setting is highly analogous to the prolific Selwyn Basin, known for hosting significant Sedex deposits. InZinc has completed additional geological mapping, soil geochemistry, and rock sampling across the Main Trend area, with results expected in late August.

The company has identified several priority drill targets, including Keel Barite, Keel West, Delta Horizon, and the B-9 Sulphide Zone. These targets show promising features such as extensive barite mineralization and zinc-lead enrichment, characteristic of prolific Sedex districts.

InZinc Mining announced the appointment of Michael Westcott to its Board of Directors, effective June 13, 2024. Mr. Westcott brings over 30 years of experience in equity capital markets and the mining industry, having held roles including Head of Institutional Equity Sales and Mining Equity Research Analyst at Raymond James He also has significant academic credentials, including a Master's in Mineral Exploration and a Bachelor's in Geology. The company believes his expertise will enhance shareholder value through exploration and evaluation of mineral projects.

Additionally, InZinc has granted stock options for 500,000 common shares, exercisable at $0.05 per share, with a vesting schedule of 50% immediately and 50% on June 13, 2025.

InZinc Mining announced the voting results from its 2024 Annual General Meeting of Shareholders, held on May 31, 2024. Shareholders approved all business items presented. A total of 41,180,020 common shares were represented, accounting for 33.37% of the total issued and outstanding shares. Key resolutions included the election of directors Kerry M. Curtis, Louis G. Montpellier, and Wayne Hubert, who received 86.18%, 86.18%, and 97.66% of the votes, respectively. Davidson & Company LLP was reappointed as auditors with 99.61% support. The company's Incentive Stock Option Plan was re-approved with 96.39% of votes. Additionally, InZinc granted stock options to directors, officers, and consultants for 1,350,000 common shares at an exercise price of $0.05 per share, effective June 7, 2024, with a vesting period over the next 12 months.

InZinc Mining has announced key stratigraphic correlations linking the Indy project in central British Columbia to the metal-rich Selwyn Basin. These significant geological findings, which span Devonian and Ordovician ages, suggest the presence of Sedex-type zinc-lead-silver deposits similar to those in the Selwyn Basin. The Indy project, which covers a 30 km area, has shown extensive barite mineralization and untested geochemical anomalies. Additionally, the company plans a geological mapping and soil geochemistry program for June-July 2024. A recent board change was also noted with John Murphy not seeking re-election.

InZinc Mining reports exceptional barite intersections from 2022 core samples at the Keel discovery, part of the Indy project in British Columbia. The company is renewing a 5-year drill permit for Indy, with planning underway for a fully-funded Phase 1 exploration program. The findings include wide barite horizons with high-grade intervals, zinc-lead mineralization, and new exploration vectors for Sedex deposits, enhancing future exploration plans.