Welcome to our dedicated page for Inzinc Mng news (Ticker: LTHIF), a resource for investors and traders seeking the latest updates and insights on Inzinc Mng stock.
News for InZinc Mining Ltd. (LTHIF) centers on the company’s ongoing exploration at the Indy Sedex zinc-lead-silver-gallium-barite project in central British Columbia, Canada. Recent releases describe how InZinc is expanding the B-9 sulphide zone, reporting new drill results, step-out holes and extensions of near-surface mineralization along a multi-kilometre trend.
Investors following LTHIF news can read about successive Phase 1 and Phase 2 diamond drill programs, which have increased the B-9 strike length from hundreds of metres to more than 1 km and demonstrated that mineralization remains open along strike and at depth. Highlights include shallow and deeper high-grade intercepts, such as massive sulphides grading 11.0% Zn, 2.3% Pb and 27.1 g/t Ag over 3.0 m and a deeper interval of 20.1% Zn, 1.7% Pb and 9.5 g/t Ag over 3.2 m in step-out drilling.
Company news also covers new target generation and regional work, including the discovery of the Hilo anomaly east of B-9, advancement of the Keel Barite and Delta Horizon targets, and updates on soil geochemistry, airborne geophysics and road and trail construction. InZinc’s releases discuss how these anomalies and barite-rich zones fit into a broader Sedex-style mineralizing system that the company correlates to the Selwyn Basin.
Additional news items address permitting milestones, such as renewal of a 5-year drill permit for up to 60 holes, planned drill programs and scheduling changes, as well as InZinc’s equity and royalty exposure to other North American base metals and precious metals projects through American West Metals and a 50% NSR on indium from the West Desert project. Bookmark this page to follow LTHIF news on exploration results, target expansion and project-level developments.
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.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Inzinc Mng (LTHIF)?
What is the market cap of Inzinc Mng (LTHIF)?
