Inzinc Mng Stock Price, News & Analysis

InZinc Mining Ltd. (LTHIF) is a mineral exploration company focused on advancing the Indy Sedex zinc-lead-silver-gallium-barite project in central British Columbia, Canada. The company describes itself as an active explorer and holds a 100% interest in the Indy project, located about 90 km southeast of Prince George. Indy hosts near-surface mineralization that InZinc characterizes as typical of worldwide Sedex (sedimentary exhalative) zinc-lead-silver(-barite) deposits and as part of a new, under-explored mineral region that the company correlates to the prolific Selwyn Basin of northeastern British Columbia and the Yukon.

InZinc’s primary exploration work is concentrated along the Main Trend at Indy, a corridor the company reports as extending over approximately 7.5 km to 11 km within an extensive land package of about 200 square kilometres and a 30 km length of under- or un-explored strata. Within this trend, InZinc has outlined multiple targets and zones, including the B-9 sulphide zone, the Keel Barite and Keel West areas, the Delta Horizon, the Echo anomaly, and the Hilo anomaly. The company notes that these targets are defined by combinations of sulphide and barite mineralization, soil geochemical anomalies (zinc, lead, silver, barium), and airborne geophysical responses.

Core Indy Project and B-9 Zone

The B-9 Zone is the most advanced area at Indy. InZinc reports that near-surface zinc-lead-silver(-gallium) mineralization at B-9 has been intersected in numerous drill holes over a substantial strike length and to shallow depths. Earlier drilling defined mineralization over about 450 m of strike, with intercepts including a shallow interval described as 10.0% (zinc and lead) and 16.2 g/t silver over 9.9 m. Subsequent programs have extended this trend significantly.

In 2025, InZinc completed a two-phase diamond drill program at B-9. Phase 1 drilling (11 holes, 1089 m) increased the drill-defined length of the shallow B-9 mineralized horizons by more than 40%, from roughly 450 m to about 700 m of strike, with all intersections defining B-9 mineralization reported within about 120 m of surface. The company highlights multiple shallow massive sulphide intersections, including:

• Hole IB25-029: near-surface massive sulphides averaging 11.0% Zn, 2.3% Pb and 27.1 g/t Ag over 3.0 m from 61.0 m downhole, located 80 m north of a 2018 massive sulphide intercept in Hole IB18-003.
• Hole IB25-032: the widest shallow intersection to date, averaging 3.3% Zn, 0.7% Pb and 7.4 g/t Ag over 19.1 m from 29.9 m downhole, including a high-grade interval of 8.5% Zn, 2.1% Pb and 21.3 g/t Ag over 2.0 m.
• Earlier 2018 drilling at B-9 (e.g., Hole IB18-009) returned 7.99% Zn, 2.03% Pb and 16.17 g/t Ag over 9.94 m from 78.05 m downhole.

Phase 2 drilling in 2025 further expanded the B-9 Zone. InZinc reports that a step-out drill hole, IB25-043, located 300 m north along strike of the previously defined B-9 trend, intersected the company’s highest grade drill intersection to date, including:

• 20.1% Zn, 1.7% Pb and 9.5 g/t Ag over 3.2 m from 197.6 m downhole, within a wider zone grading 15.4% Zn, 1.3% Pb and 7.2 g/t Ag over 4.2 m.
• A broader mineralized envelope of about 21.7 m (from 180.0 m to 201.7 m downhole) with variably distributed zinc-lead-silver mineralization.

On the basis of this drilling, InZinc states that the B-9 Zone strike length now exceeds 1 km and remains open for further expansion along strike and at depth. The company also notes that multiple mineralized horizons are present at B-9, including a second, shallower horizon recognized in several drill holes, and that the mineralized envelope is characterized by distinctive "radiolarian"-type replacement mineralization.

Geological Setting and Sedex Analogy

InZinc emphasizes that the Indy project is situated in a geological setting it correlates to the Selwyn Basin, described as an 1100 km long sedimentary belt that hosts the world’s second largest known accumulation of Sedex zinc-lead-silver(-barite) deposits and districts. The company reports that in 2024 the host rocks at Indy were age-constrained and correlated, by age, rock type and mineralization, to this belt. InZinc refers to Indy as a southern analogue of the Selwyn Basin strata and related mineralization, located roughly 500 km south of the nearest known Selwyn Basin deposit.

According to InZinc, near-surface mineralization at Indy—zinc-lead-silver(-gallium) with barite—is typical of worldwide Sedex deposits and districts. The company notes that only a relatively small number of Sedex deposits have been discovered globally, yet they account for a large proportion of the world’s zinc reserves and a significant share of global zinc production. It also points out that Sedex deposits often include silver and critical minerals as by-products, and highlights the presence of gallium at Indy as an example of critical mineral potential.

Exploration Targets and Anomalies

Beyond B-9, InZinc has identified several large-scale targets along the Main Trend at Indy, defined by soil geochemical anomalies, barite occurrences, and geophysical signatures:

• Hilo Anomaly: A new soil anomaly located about 400 m east of the B-9 Zone, extending over roughly 2.0 km by 350 m, with a 450 m strike of strong zinc, lead and barium in soil. InZinc describes Hilo as potentially indicative of an eastward continuation of B-9 mineralization and notes that it is the first barium-in-soil anomaly proximal to B-9.
• Anomaly B: A 2.4 km long multi-element soil geochemical anomaly (zinc, lead, silver, barium) that hosts the B-9 Zone. The company states that only about 450 m of this anomaly has been drill tested.
• Echo: A 1.9 km long continuous, high-contrast multi-element soil anomaly (zinc, lead, barium) with a substantial portion remaining to be drill tested.
• Keel Barite and Keel West: An area of extensive barite mineralization with approximately 700 m strike at Keel and local enrichment in zinc-lead sulphides at Keel West.
• Delta Horizon: A target characterized by widespread barite mineralization (InZinc reports rock samples with up to 25% barite) and zinc-lead enrichment over about 1.3–1.4 km, located several kilometres along trend from B-9.

InZinc reports that property-wide exploration work has included over 6000 soil samples, approximately 1100 line-km of airborne geophysics, mapping, prospecting, and road and trail construction. The company notes that drilling to date has tested only a small fraction of the prospective corridor—on the order of 10–15% of the Main Trend or a 7 km prospective corridor, depending on the specific program described.

Infrastructure and Location

The company repeatedly emphasizes that Indy is well located with respect to road, rail, power, port and smelter infrastructure in central British Columbia. The project is described as road accessible, with InZinc reporting activities such as road rehabilitation and new trail construction to access targets like Keel West and Delta. The land position is referred to as an extensive tenure covering about 200 km² and a 30 km length of under- or un-explored strata.

Critical Minerals and Gallium

InZinc highlights the presence of gallium, which it identifies as a critical metal, within the B-9 mineralized system. The company reports that:

• A massive sulphide sample from Hole IB25-029, comprising a 0.6 m interval grading 34.8% Zn, 7.0% Pb and 76.7 g/t Ag, returned 4.46 ppm gallium.
• Gallium appears in two styles at Indy: associated with sphalerite-rich massive sulphides and widely distributed in altered rocks directly underlying the mineralized horizon, where an example from Hole IB25-034 averaged 20.1 ppm gallium over 11.6 m starting 1.0 m below the mineralized horizon.

The company notes that gallium is known to be associated with sphalerite in Sedex deposits and that a portion of global mined gallium production is sourced as a by-product from zinc ore concentrates. It also states that confirmation by mineralogical or metallurgical analysis is required to confirm the presence of gallium in sphalerite at Indy.

Partnerships, Royalties and External Exposure

InZinc’s exposure extends beyond the Indy project through equity and royalty interests. The company reports that:

• A Canadian subsidiary of South32 Limited became a major tenure holder in the Indy belt by staking approximately 200 km² of adjacent claims in late 2021. South32 has independently advanced exploration on nearby ground, including airborne geophysics and geochemical programs at the Maguire Sedex project.
• InZinc holds a significant equity investment in American West Metals, an Australian-listed company advancing multiple North American base metals projects.
• InZinc retains a 50% net smelter return (NSR) royalty interest on any future production of indium mined from American West’s West Desert project in Utah, which the company describes as providing exposure to additional base metal and precious metal projects in North America.

Through these interests, InZinc states that it is exposed to a diverse portfolio of active North American base metals and precious metals projects, in addition to its direct exploration at Indy.

Permitting and Work Programs

InZinc reports that it holds a multi-year exploration permit at Indy. The company notes that:

• A 5-year permit for up to 60 drill holes was renewed in mid-2024.
• A separate reference describes a multi-year exploration permit, renewed in 2024, for 60 drill holes along a prospective corridor.

With this permitting in place, InZinc has outlined and executed successive drill programs, including the 2025 Phase 1 and Phase 2 campaigns at B-9, and has indicated preliminary planning for further drilling to test strike and depth extensions and additional targets such as the Delta Horizon.

Business Focus and Sector Classification

Based on the company’s own descriptions, InZinc’s business is centered on mineral exploration rather than production. Its primary focus is the Indy Sedex zinc-lead-silver(-gallium-barite) project in central British Columbia, supported by regional-scale geochemical and geophysical datasets and multiple identified targets. The company also maintains equity and royalty positions that provide additional exposure to base metals and precious metals projects in North America.

For classification purposes, InZinc operates within the mining and mineral exploration sector, with a specific emphasis on zinc, lead, silver, barite and critical minerals associated with Sedex-style deposits.

Frequently Asked Questions (FAQ)

• What is InZinc Mining Ltd.’s main project?
  InZinc’s main project is the Indy Sedex (zinc-lead-silver-gallium-barite) project in central British Columbia, Canada, where the company holds a 100% interest and is actively exploring near-surface mineralization along a multi-kilometre trend.
• Where is the Indy project located?
  The Indy project is located in central British Columbia, Canada, approximately 90 km southeast of Prince George. InZinc reports that the project is well situated with respect to road, rail, power, port and smelter infrastructure.
• What type of deposits is InZinc exploring for at Indy?
  InZinc describes the mineralization at Indy as Sedex (sedimentary exhalative) zinc-lead-silver(-barite) style, with near-surface sulphide and barite mineralization that the company states is typical of worldwide Sedex deposits and districts and analogous to those in the Selwyn Basin.
• What is the B-9 Zone?
  The B-9 Zone is a sulphide zone at Indy where InZinc has discovered and expanded near-surface zinc-lead-silver(-gallium) mineralization. Drilling has extended the B-9 trend from an initial 450 m to over 700 m and then to greater than 1 km of strike, with mineralization remaining open along strike and at depth.
• What notable drill results has InZinc reported at B-9?
  InZinc has reported several notable intercepts at B-9, including shallow massive sulphides grading 11.0% Zn, 2.3% Pb and 27.1 g/t Ag over 3.0 m in Hole IB25-029, a wide shallow interval averaging 3.3% Zn, 0.7% Pb and 7.4 g/t Ag over 19.1 m in Hole IB25-032, and a deeper high-grade interval of 20.1% Zn, 1.7% Pb and 9.5 g/t Ag over 3.2 m in Hole IB25-043.
• What is the significance of gallium at the Indy project?
  InZinc reports that gallium, identified as a critical metal, is present in certain massive sulphide samples and in altered rocks beneath the B-9 mineralized horizon. The company notes that gallium is commonly associated with sphalerite in Sedex deposits and that its presence at Indy may represent additional critical mineral potential, subject to further mineralogical and metallurgical confirmation.
• How is the Indy project related to the Selwyn Basin?
  According to InZinc, geological work in 2024 correlated the host rocks at Indy—by age, rock type and mineralization—to the Selwyn Basin, an 1100 km long sedimentary belt known for large Sedex zinc-lead-silver-barite deposits. The company describes Indy as a southern analogue of the Selwyn Basin strata and related mineralization.
• What other targets exist at Indy besides B-9?
  InZinc has outlined several additional targets along the Main Trend, including the Hilo anomaly east of B-9, the Keel Barite and Keel West areas, the Delta Horizon, and the Echo anomaly. These are defined by combinations of barite and sulphide mineralization, multi-element soil anomalies, and airborne geophysical responses.
• What external partnerships or interests does InZinc have?
  InZinc reports that a subsidiary of South32 Limited has staked about 200 km² of adjacent claims in the Indy belt. InZinc also holds a significant equity investment in American West Metals and a 50% NSR royalty on any future indium production from American West’s West Desert project, providing additional exposure to North American base metals and precious metals projects.
• Is InZinc a producer or an explorer?
  Based on the company’s own disclosures, InZinc is an active explorer. Its activities at Indy focus on discovery, expansion and delineation of near-surface mineralization and on advancing drill targets defined by geochemical and geophysical work.