InZinc Outlines Third Silver Target at Indy Project, BC
Minimum $1.25 Million 2022 Exploration Program Planned
Vancouver, February 9, 2022 - InZinc Mining Ltd. (TSXV: IZN) ("InZinc" or the "Company") is pleased to announce additional results from the 2021 exploration programs at the Indy Sedex project (100% option) in central British Columbia. In 2018, near surface, high-grade Sedex-type zinc mineralization was discovered by soil geochemistry and follow-up diamond drilling at Indy. Since discovery, InZinc has outlined an additional 10 km of base and precious metal drill targets which remain to be tested.
Indy 2022 Targets
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New "Anomaly G" Silver Target Outlined
Additional soil sampling from 2021 has outlined a new silver anomaly at the northern portion of the Anomaly B area. Named "Anomaly G" and comprising a 500 m length, silver in soil ranges from > 2 ppm to 7.5 ppm (7.5 g/T Ag). The Anomaly G target is associated with a similar suite of metals in soil as seen at the Hat and Fox silver targets centered 3 km to the north. The Hat and Fox targets, with a combined length of 1.7 km, were the initial silver targets discovered during the 2021 exploration program (see NR 2021-10, Sept 16, 2021),
Primary Access Road Completed to Delta Horizon Target
InZinc has completed 1.8 km of rehabilitated road access to the Delta Horizon area. The road terminates 250 m east of the Delta Horizon target and 250 m from the northern limit of the Hat silver target. Secondary access is required prior to drilling these target areas.
In the summer of 2021 InZinc also completed access to the drill-ready and permitted Anomaly B target area (see NR 2021-08, Aug 31, 2021).
2022 Exploration Program - Minimum $1.25 Million Budget Being Planned
InZinc is well positioned to undertake a solid season of groundwork and drilling at Indy during 2022. The Company is preparing a program with a minimum $1.25 M budget including proposed drilling.
About InZinc
InZinc is well financed and focused on growth through exploration and advancement of its direct and equity interest in multiple North American base metals projects. The road accessible Indy project (100% earn-in), located in central British Columbia, comprises discoveries of near surface mineralization and large untested zinc and precious metal exploration targets along a 29 km long trend with potential for the discovery of a new regional scale mineralized belt. InZinc is also a significant shareholder of American West Metals which is advancing the West Desert zinc-copper project and the Storm Copper and Copper Warrior projects in North America. In addition, InZinc will receive 50% of the revenue (NSR) from the sale of indium mined from West Desert.
Wayne Hubert
____________
Chief Executive Officer
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
Qualified Person
Brian McGrath, B.Sc., P.Geo. a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has approved the technical content of this news release.
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 securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking information includes, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as the successful completion of American West's Initial Public Offering on the Australian Securities Exchange. 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's Discussion and Analysis for the year ended December 31, 2020 and for the nine months ended September 30, 2021 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.
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.
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