Inomin Drills Strongest Interval to Date at South Zone Significantly Expanding Critical Minerals Discovery

Inomin Drills Strongest Interval to Date at South Zone Significantly Expanding Critical Minerals Discovery

Drilling Intersects 204 Meters of Nickel-Cobalt-Chromium-Magnesium Mineralization Starting 18 Meters from Surface

Inomin Mines Inc. (TSXV: MINE) ("Inomin" or the "Company") is pleased to report results from diamond drilling at the South zone of the 28,000 hectare Beaver-Lynx project in south-central, British Columbia, being explored in collaboration with Sumitomo Metal Mining Canada Ltd.

Drill hole B25-06 has returned the strongest interval of near-surface polymetallic mineralization drilled to date at the South zone intersecting 204 meters (m) grading 0.20% nickel, 0.011% cobalt, 0.35% chromium and 23.83% magnesium starting at bedrock 18 meters from surface. Drill hole B25-04 intersected 123 meters grading 0.18% nickel, 0.012% cobalt, 0.45% chromium and 23.12% magnesium, and drill hole B25-05 intersected 138.5 meters grading 0.16% nickel, 0.010% cobalt, 0.31% chromium and 20.19% magnesium. These drill holes are located approximately 200 metres north and south from previous drilling and confirms further continuity of mineralization over substantial thickness and area.

Summary - Holes B2025-04 to 06 from 2025 Drilling at Beaver Property

Hole Number From(m) To (m) Interval (m) * Nickel % Cobalt % Chromium % Magnesium %
B25-04 144.00 267.00 123.00 0.18 0.012 0.45 23.12
Including 147.00 177.00 30.00 0.23 0.012 0.37 24.22
B25-05 126.00 264.50 138.50 0.16 0.010 0.31 20.19
Including 171.00 264.50 93.50 0.20 0.012 0.39 23.84
B25-06 18.00 222.00 204.00 0.20 0.011 0.35 23.83
Including 18.00 63.00 45.00 0.21 0.011 0.33 22.61
Including 78.00 192.00 114.00 0.21 0.011 0.34 24.39

 

* Note: Samples were analyzed by Activation Laboratories Ltd ("Actlabs") for a 22-element suite utilizing their 8-Peroxide (Total) Fusion, ICP-OES (FUS-Na202). The resulting grade for nickel includes both silicate and sulphide components of nickel. A secondary partial digestion technique is currently being developed by Actlabs for Inomin to ascertain the sulphide nickel fraction only and will be utilized on all higher grading nickel values and will be reported on when complete. Actlabs, located in Kamloops, BC, is ISO 17025-accredited. The relationship between Inomin and Actlabs is strictly arms-length, limited to the laboratory's commercial supply of analytical services. The reported intervals are based on core length and true thicknesses will be calculated once all results have been received and cross-sections have been created. The dips of the holes were intended to be close to perpendicular to the strike of mineralization. QAQC protocols were followed, including the introduction of field blanks and standards, custody of the core, and normal QAQC laboratory protocols. Drillcore was split using a conventional manual core splitter and power saw with a representative fraction sent to the laboratory and the remainder cached on site.

John Gomez, President of Inomin, states, "The latest drill results materially expand the mineral footprint of the South zone. The mineralization continues to be relatively consistent in grade and further demonstrates the South zone's potential for large volumes of bulk-tonnage-style polymetallic mineralization. We look forward to receiving analytical results from the remaining seven drill holes."

2025 Beaver-Lynx Drilling Program

The 2025 exploration program at Beaver-Lynx includes thirteen drill holes totaling 3,361.8 metres of drilling. Drilling was completed using HQ-sized drill rods due to the difficult nature of the cored material, NQ downsizing often necessary at depths that make continuation of drilling problematic. Twelve holes, spaced approximately 200 metres apart, were drilled in the South zone of the Project. The objective of South zone drilling is to test continuity of known mineralization delineated by previous drilling. One hole was also drilled in the North zone to test a new priority target to expand the North zone's discovery footprint. Drilling at the North zone has discovered significant mineralization on high magnetic features that extend over 7 kilometres in strike length.

A summary of the drill collar information for the program follows:

Hole Easting Northing Elev Az Dip Depth (m) Target Area
B25-01 568133 5818599 1020 0 -80 209.5 South
B25-02 567791 5818530 1017 0 -80 196.0 South
B25-03 568189 5818432 1025 0 -80 256.3 South
B25-04 568072 5818329 1026 0 -80 273.0 South
B25-05 568338 5818322 1030 0 -80 264.0 South
B25-06 567919 5818738 1015 0 -80 231.0 South
B25-07 568094 5818825 1030 0 -80 183.0 South
B25-08 567669 5818348 1006 0 -85 276.0 South
B25-09 567870 5818350 1030 0 -70 234.0 South
B25-10 567783 5818227 1005 0 -80 282.0 South
B25-11 567595 5818206 1003 0 -75 321.0 South
B25-12 568502 5818397 1022 0 -80 306.0 South
B25-13 568272 5821699 1026 0 -90 330.0 North

 

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The South and North zones are two of several large, mineralized zones identified by drilling and magnetic surveys at the Beaver block of the Project. The adjoining Lynx block, 10 kilometres south of the Beaver block, hosts multiple targets comparable and potentially larger in size than found on the Beaver block, illustrating the Project's district-scale potential.

Collaboration with Sumitomo

The 2025 Beaver-Lynx exploration program is being undertaken in collaboration with Sumitomo Metal Mining Canada Ltd. ("Sumitomo") that is funding the exploration. Sumitomo can earn an interest in the project through an earn-in and joint venture agreement with the Company. Inomin is the operator of the Beaver-Lynx project.

About Beaver-Lynx

The Beaver-Lynx property comprises approximately 28,000 hectares and is ideally located in south-central British Columbia, 50 kilometres from the city of Williams Lake and adjacent to the Gibraltar mine property, the second largest open-pit copper mine in Canada. Beaver-Lynx is easily accessible by good all-season roads, and is close to hydro-electric power, as well as active railway lines.

Exploration, including drilling, has demonstrated the project may host large volumes of nickel and magnesium. Drilling has also intersected cobalt, chromium, copper, silver, and gold. Given positive initial drilling results - as well as multiple, large-scale, mineral zones - the Beaver-Lynx project has the potential to be a major source of critical minerals. For further information about Beaver-Lynx, visit Inomin's website www.inominmines.com.

About Inomin Mines

Inomin Mines is focused on the identification, acquisition, and exploration of mineral properties with strong potential to host significant resources, especially critical minerals, as well as gold and silver. Inomin trades on the TSX Venture Exchange with the symbol MINE. For more information, visit www.inominmines.com.

Inomin Mines Director, L. John Peters, P.Geo., a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this news release.

On behalf of the board of Inomin Mines:

Inomin Mines Inc.
Per: "John Gomez"
President and CEO

For more information, contact:

John Gomez
info@inominmines.com

Neither 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.

Cautionary Note Regarding Forward-looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts, and statements as to management's expectations and intentions with respect to, among other things, targets, plans and expectations of the Company with respect to the drilling program at the Beaver-Lynx property.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the drilling program at the Beaver-Lynx property is not carried out as planned.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276851

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