InZinc Commences Drill Program at West Desert Project
VANCOUVER, British Columbia, April 12, 2018 (GLOBE NEWSWIRE) -- InZinc Mining Ltd. (TSX-V:IZN) (the “Company”) is pleased to announce it has commenced diamond drilling at the Company’s 100% owned West Desert zinc-copper project in Utah. The large zinc resources contained in the WD deposit and outlined in the 2014 Preliminary Economic Assessment remain open for expansion in several directions. The Phase 1 program of approximately 3,500m will focus on exploration and expansion of the WD deposit and the highly prospective area to the east.
Silver-Rich Zinc Potential
Wide spaced drilling will explore for silver-rich mineralization previously intersected in both the upper east portion of the WD deposit (CC08-11 returned 7.4 oz/t Ag, 4.3% Zn over 10.8m at 200m below surface) and 650m east in historical drill hole CC-43 (5.1 oz/t Ag and 6.8% Zn over 4.9m) which is located below the past-producing Utah silver mine (2.7M oz silver).
Copper-Rich Zinc Potential
The holes testing the silver-rich zinc potential are planned to extend at depth into an area of high grade copper-rich zinc potential as intersected in historical hole CC-43 (7.6% Zn, 3.5% Cu and 1.0 oz/t Ag over 3.1m).
Higher Grade Zinc
An additional focus of the drill program is delineation of high grade zinc (C07-02 retuned 27.30% Zn over 17.37m) and associated indium mineralization in the western portion of the WD deposit.
Drill Program at Indy Project
Permitting has been initiated for a diamond drilling program this summer at the Indy zinc project in BC.
About InZinc
InZinc is focused on growth in zinc through exploration and expansion of the advanced stage West Desert project (100%) in Utah and exploration of the early stage Indy project (100% option) in British Columbia. West Desert has a large underground resource open for expansion and has district scale exploration potential. A West Desert Preliminary Economic Assessment completed in 2014 forecasted 1.6 billion pounds of zinc production over 15 years. Indy comprises both near surface exploration targets and regional discovery potential. Both zinc projects are well located with easy access and existing infrastructure. The Company is well financed to conduct 2018 exploration programs.
InZinc Mining Ltd.
"Wayne Hubert”
___________________
Wayne Hubert
CEO and Director
Phone: 604.687.7211
Website: www.inzincmining.com
For further information contact:
Joyce Musial
Vice President, Corporate Affairs
Phone: 604.317.2728
Email: joyce@inzincmining.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plan, design, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results, performance, or actions and that actual results and 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 Discussion and Analysis for the year ended December 31, 2016 filed with certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.
The West Desert Preliminary Economic Assessment (2014) is available both at www.sedar.com and the Company’s website at www.inzincmining.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.
