Mr. Kerry Curtis reports

INZINC TO ACQUIRE A NEW ZINC PROJECT IN CANADA

Subject to TSX Venture Exchange acceptance, Inzinc Mining Ltd. has signed an option agreement with Pac Shield Resources Inc. (PSR), a private British Columbia company, to acquire a 100-per-cent interest in the Indy zinc project located in central British Columbia. The Indy project hosts extensive, underexplored, near-surface zinc mineralization at the Tex zone and numerous large, untested soil geochemical anomalies.

Indy is a well-located, high-potential zinc project that complements the company's large and advanced flagship West Desert project in Utah, where a preliminary economic assessment (2014) concluded low-cost, bulk underground mining and conventional processing can produce clean, high-quality concentrates at mid-tier levels of zinc production. The West Desert resources are also open for expansion and are being prepared for drilling as part of prefeasibility.

Indy highlights

• Ground access, 55 kilometres from major highway, 70 kilometres from transcontinental rail;
• Last comprehensive exploration by majors 26 years ago;
• 450-metre-long mineralized Tex zone outlined by shallow, wide-spaced historical drill holes;
• Tex zone drill intersections range from 1.5-metre to 19.7-metre widths, grading from 1.9 per cent to 8.9 per cent zinc, from one gram per tonne silver to 55.6 grams per tonne silver and from 0.04 per cent lead to 2.4 per cent lead;
• All mineralized Tex zone intersections estimated within 100 metres of surface;
• Tex zone open for expansion on strike, at depth and is a priority drill target;
• Surface zinc oxides grading 45.5 per cent zinc and 7.9 grams per tonne silver in recent grab samples;
• Multiple, large soil geochemical anomalies over 6.5-kilometre strike offer potential for additional discoveries;
• Four styles of zinc mineralization are widespread and only partially explored;
• Groundwork and additional soil sampling are planned to prepare the project for drilling in 2017.

Indy consists of five mineral claims (1,380 hectares) located approximately 100 kilometres south of the city of Prince George, B.C. The area covers 9.8 kilometres of deformed sedimentary rocks spanning the Cambrian to Lower Mississippian -- a geological period known to produce most of the major Western Canadian zinc deposits.

Zinc in near-surface drill intersections

Indy was last explored by major mining companies between 1980 and 1990. Six shallow, wide-spaced diamond drill holes in 1989/1990 targeted a portion of a high-contrast soil anomaly (anomaly B). All six holes intersected mineralization at estimated vertical depths less than 100 metres, outlining the 450-metre-long mineralized Tex zone.

                 TEX ZONE -- HIGHLIGHTS OF HISTORICAL 
                     DIAMOND DRILLING (1989/1990)

Hole ID       Interval (i)            Zn           Pb           Ag
                       (m)            (%)          (%)        (g/t)

89-1(ii)             6.90           2.94         0.11         2.20
89-1(ii)             3.00           3.18         1.03         4.40
89-2                 1.53           8.87         2.38        55.56
89-3                 5.00           4.79         1.01         5.67
89-4(ii)             3.05           1.86         0.04         1.00
90-1                 19.7           4.10         0.52         3.12

(i) True width unknown.  
(ii) Core recovery less than 50 per cent.

Descriptions of the mineralized drill intersections (from previous operators) include the minerals sphalerite, galena and barite in fractures and breccias hosted in dolostone, all of which are common constituents of Mississippi Valley-type (MVT) style or low-temperature carbonate-replacement-deposit (CRD) zinc mineralization.

Large, untested soil geochemical anomalies

Historical exploration at Indy utilized soil geochemistry and led to the successful discovery of the Tex zone mineralization. The Indy project includes compiled digital data from over 2,100 historical and recent soil geochemical samples from across 7.5 kilometres of the property. These samples outline several large multielement (zinc-lead-barium-silver) soil geochemical anomalies occurring across a 6.5-kilometre length of the property. The following four geochemical anomalies cover a large area across a linear trend over moderate terrain: anomaly A (600 metres by 350 metres); anomaly B (Tex zone) (700 metres by 150 metres); anomaly C (700 metres by 200 metres); and anomaly D (800 metres by 400 metres). Several of these anomalies have not been explored or remain only partially explored. This includes the high-contrast soil signal from anomaly B, which was partially explored by drilling in 1989/1990 and led to the discovery of the Tex zone (see drill results in attached table).

Developing exploration targets

Four types of zinc mineralization (including MVT or low-temperature CRD style) are documented on Indy. The variety of zinc mineralization, respective host rocks and the widespread distribution of these occurrences across Indy may be suggestive of a larger mineralizing event and may provide new opportunities and target areas. Additional soil sampling, prospecting and geological mapping are required on all anomalies and mineral occurrences to improve the resolution of exploration data prior to drill target selection.

Option agreement

Pursuant to the option agreement with PSR, the company has the option to earn a 100-per-cent interest in the Indy project over a five-year period by making staged cash payments totalling $305,000, (including $30,000 upon TSX-V acceptance), issuing an aggregate of 2.1 million shares (including 200,000 shares upon TSX-V acceptance) and completing work commitments of $2.6-million ($75,000 in the first year). In addition, a $500,000 cash payment and issuance of 500,000 shares of the company will be made to PSR if the company files a technical report establishing a 500-million-pound zinc resource on the Indy project. A further $500,000 cash payment will be made to PSR should the company file a technical report establishing a 750-million-pound zinc resource on the Indy project. The Indy project is subject to a 1-per-cent net smelter royalty held by PSR and a 1.5-per-cent net smelter royalty held by Kerry Curtis, a director, chairman of the board and the interim chief executive officer of the company, and a director and the controlling shareholder of PSR. On exercise of the option and prior to completion of a feasibility study on the Indy project, the company has the right to purchase the PSR net smelter royalty for $1.5-million.

About Inzinc Mining

Inzinc owns a 100-per-cent interest in the West Desert zinc-copper-iron project located in western Utah. West Desert hosts a large and expandable resource and benefits from all-weather road access, on-site grid power and proximity to natural gas transmission. It is located 90 kilometres (55 miles) from multiple transcontinental rail networks accessing all major North American markets and servicing a variety of western U.S. ports.

Kerry M. Curtis, PGeo, a qualified person as defined in National Instrument 43-101, has approved the technical content of this news release. The technical content contained in this news release is based in part on historical reports. The historical reports predate NI 43-101 reporting requirements and the company cannot verify the content of the historical reports and is not responsible for the accuracy of the content of the historical reports.

We seek Safe Harbor.