InZinc Prepares for 2025 Drill Program at Indy Project in Central BC

Rhea-AI Summary

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.

Positive

• Company is well-funded with working capital for drilling program
• 100% ownership of the Indy project
• Strategic location with access to infrastructure (road, rail, power, port, smelter)
• Significant exploration potential with multiple untested targets
• Strong initial drilling results with high-grade mineralization

Negative

• Early-stage exploration project with no defined resource estimate
• Project success dependent on future drilling results

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2025) - InZinc Mining Ltd. (TSXV: IZN) ("InZinc" or the "Company") is pleased to announce approval of expenditures for an early summer 2025 diamond drilling program at the Indy Sedex (zinc-lead-silver-barite) project (100% interest) located 90 km southeast of Prince George in central British Columbia, Canada. The Company is well positioned with working capital, is permitted (5 years, up to 60 drill holes) and anticipates commencement of drilling in the first week of June.

The Indy project is host to discoveries of near surface zinc-lead-silver and barite mineralization, typical of worldwide Sedex deposits. Only 129 Sedex deposits have been discovered globally, however, they account for more than 50% of the worlds zinc reserves and contribute about 25% of global zinc production. These deposits often include significant silver and critical minerals as by-products (USGS, 2016¹).

Indy – A Southern Analogue of the Prolific Selwyn Basin

Sedex deposits are only found in distinctive sedimentary rocks (basins) of specific ages in the geologic record. In 2024 the host rocks at Indy were correlated by age, rock type and mineralization to the renowned Selwyn Basin of the Yukon and Northeastern BC. The Selwyn Basin is an 1100 km long sedimentary belt hosting the world's second largest known accumulation of Sedex deposits and districts including several world-class deposits².

The Indy project, located approximately 500 km south of the nearest known Selwyn Basin deposit, is particularly well located with respect to road, rail, power, port and smelter infrastructure.

Focus on Discovery and Expansion of Near Surface Mineral Resources

• Near surface mineralization (zinc-lead-silver) at the B-9 Zone, including intercepts up to 10.0% (zinc and lead) and 16.2 g/t silver over 9.9 m³, extends over 450 m and is open for expansion
• New high-contrast soil anomaly recently discovered 400 m east of the B-9 Zone supports the extension of B-9 mineralization⁴
• Additional large and unexplored targets are defined from 1100 line km of airborne geophysics, over 6000 soil samples and multiple years of detailed geology along a 11 km corridor known as the Main Trend
• Extensive tenure covers 200 square km and a 30 km length of under-explored strata in central BC

Details of the drill program will be provided closer to the start of the program.

The Company is also pleased to announce Michael Westcott, Director, has been appointed Chairman of the Audit Committee.

About InZinc

InZinc is an active explorer at its Indy Sedex project (100%) in central British Columbia, Canada. The Company is exploring near surface zinc-lead-silver and barite mineralization discovered at Indy in a new, under-explored mineral region correlating to the prolific Selwyn Basin of northeastern BC and the Yukon. South32 Limited (ASX, LSE, JSE) became a major tenure holder in the Indy belt by staking approximately 200 km² of adjacent claims in late 2021. Through its equity investment in American West Metals (ASX) and a 50% royalty interest (NSR) from any future production of indium mined at American West's West Desert project, InZinc is also exposed to a portfolio of North American base metals and precious metals projects.

InZinc Mining Ltd.

Wayne Hubert
____________

Chief Executive Officer
Phone: 604.687.72
Website: www.inzincmining.com

For further information contact:
Joyce Musial
Vice President, Corporate Affairs
Phone: 604.317.2728
Email: joyce@inzincmining.com

References

1. Emsbo, Poul, Seal, R.R., Breit, G.N., Diehl, S.F., and Shah, A.K., 2016, Sedimentary exhalative (sedex) zinc-lead-silver deposit model: U.S. Geological Survey Scientific Investigations Report 2010-5070-N, 57 p., http://dx.doi.org/10.3133/sir20105070N.

2. See InZinc news release May 16, 2024 "InZinc Announces Key Correlations to One of the World's Most Prolific Zinc-Lead-Silver Belts, the Selwyn Basin, at the Indy Project in Central BC".

3. See InZinc news release August 27, 2024 "InZinc Continues to Advance New Large-Scale Sedex Zn-Pb-Ag Targets at Indy Project, Central BC".

4. See InZinc news release February 24, 2025 "InZinc Discovers New Anomaly Supporting Extension of Near Surface Mineralization at Indy Sedex Project, Central BC".

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Forward-looking statements, include but are not limited to, statements that address activities, events of developments that the Company expects or anticipates will or may occur in the future. Forward-looking statements are typically identified by words such as: believe, expect, anticipates, intends, estimates, plans, postulate, indicate and similar expressions, or are those, which, by their nature, refer to future events. Although InZinc believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. The Company cautions investors that any forward-looking statements are not guarantees of future results, performance or actions, and that actual results or actions may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, those risks and uncertainties disclosed in the Company's Management's Discussion and Analysis for the year ended December 31, 2023 and for the nine months ended September 30, 2024 filed with certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, InZinc disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248471

FAQ

What are the key drilling results from InZinc Mining's (LTHIF) B-9 Zone at the Indy project?

The B-9 Zone showed intercepts up to 10.0% combined zinc and lead, plus 16.2 g/t silver over 9.9m, with mineralization extending over 450m and remaining open for expansion.

When will InZinc Mining (LTHIF) commence its 2025 drilling program at the Indy project?

InZinc Mining plans to commence drilling in the first week of June 2025.

What is the size and scope of InZinc Mining's (LTHIF) Indy project?

The Indy project covers 200 square km with 30 km of strata, featuring 1100 line km of airborne geophysics and over 6000 soil samples along an 11 km corridor.

What type of permit does InZinc Mining (LTHIF) hold for the Indy project?

InZinc holds a 5-year permit allowing up to 60 drill holes at the Indy project.