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Inzinc Mining Ltd
Symbol C : IZN
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Close 2017-09-07 C$ 0.14
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Inzinc Mining exploration identifies anomalies at Indy

2017-09-07 09:42 ET - News Release

Mr. Kerry Curtis reports


Inzinc Mining Ltd. has released results from the 2017 surface exploration program at the Indy zinc project (100-per-cent option) located in central British Columbia. Highlights include identification of multiple, extensive geochemical anomalies defined across a 1.5-kilometre trend known to host zinc mineralization. In addition, a separate large and open-ended zinc-in-soil anomaly has been outlined in the central area of the project.

2017 exploration program highlights

Anomaly B area

  • Hosts 450-metre-long mineralized zone discovered by soil geochemistry in 1988;
  • 1.5 km by 300 m area covered by detailed sampling in 2017;
  • Extended soil anomaly associated with mineralized zone northwest by 800 m -- remains open;
  • Identified extensive new soil anomalies immediately west and north of mineralized zone;
  • Aggregate length of 1.8 km of newly outlined soil geochemical anomalies.

Anomaly C

  • Outlined continuous zinc-in-soil anomaly over 600 m in length;
  • Open for expansion to the north and south.

2017 programs

The 2017 field program consisted of geochemical surveys, geological mapping and prospecting in the anomaly B and C areas, two of four high-priority areas occurring over a 6.5 km trend at Indy. The program represents the first broad application of modern geochemical exploration techniques on the project.

Anomaly B area

The anomaly B area is host to a near-surface 450 m long mineralized zone discovered by soil geochemistry in 1988 and subsequently drilled by Cominco with five wide-spaced drill holes. Near-surface mineralized intersections containing sphalerite, galena and minor barite occurring in dolomitic carbonate rocks were reported in all five holes. Drill intersections ranged from 1.5 m to 19.7 m widths, grading from 1.9 per cent to 8.9 per cent zinc, from 1.0 gram per tonne to 55.6 g/t silver and from 0.04 per cent to 2.4 per cent lead. Outcrop exposure is very rare over the entire area.

During the 2017 program, soil geochemical sampling was completed over a 1.5 km by 300 m grid area. This work has extended the zinc-in-soil anomaly associated with the historically drilled mineralized zone for a further 800 m to the north. Additionally, strong and extensive zinc-in-soil anomalies have been identified west, downslope and parallel to the mineralized zone. These anomalies coalesce between 500 m and 700 m north of the mineralized zone, indicative of potential thickening of associated mineralization. In aggregate, the 2017 program outlined 1.8 km of new and untested geochemical anomalies, in addition to the 450 m long mineralized zone comprising the anomaly B area. The anomalies remain open to the north.

Anomaly C

The anomaly C area, located approximately one km north of anomaly B, was originally identified by reconnaissance soil geochemical surveys in 1981. Two short (29 m) drill holes (1982) were collared on the west and east flanks of the area but did not adequately explain the soil response.

In 2017, soil geochemistry was completed over a 600 m by 400 m grid area. A continuous multielement geochemical response occurred at similar orientation to anomaly B trends (northwest-southeast). The anomaly, extending across the 600 m area, generally parallels a geologic contact between shales and chert-carbonate sequences, although outcrop exposure in the area is very limited especially over the stronger geochemical response. Anomaly C remains open ended and further sampling is required to delineate its extent.

Exploration plans

A range of follow-up programs is being considered for the fall of 2017. These programs could be subject to potential access restrictions due to the extensive wildfires in central British Columbia and the related availability of crews and equipment.

The Indy zinc project is situated at elevations ranging from 950 m to 1,300 m and is located 85 km south of the CNR transcontinental railway and 65 km south of the Yellowhead highway. Northern portions of the property are accessed by well-maintained forest service roads.

The project is underlain by rocks of the Black Stuart group, of which multiple sedimentary formations are correlated by the Geologic Survey of Canada to the most productive zinc-bearing strata in Western and Northern Canada.

About Inzinc Mining Ltd.

Inzinc is focused on growth in zinc through exploration and expansion of the advanced-stage West Desert project (100 per cent) in Utah and exploration of the early-stage Indy project (100-per-cent option) in British Columbia. Both zinc projects are well located with easy access and existing infrastructure.

We seek Safe Harbor.

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