07:37:27 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Inzinc Mining Ltd
Symbol IZN
Shares Issued 73,355,419
Close 2017-06-01 C$ 0.14
Market Cap C$ 10,269,759
Recent Sedar Documents

Inzinc Mining to start Indy exploration program in June

2017-06-01 15:16 ET - News Release

Mr. Kerry Curtis reports

INZINC PROVIDES CORPORATE UPDATE

Inzinc Mining Ltd. will conduct a surface exploration program in late June on the Indy zinc project located in central British Columbia. The field program will consist of soil geochemistry and geological mapping designed to advance selective targets to the drill-ready stage. Indy is host to a near-surface mineralized trend, outlined by historical drilling, over a 450-metre length and is open for expansion. In addition, the property hosts several large zinc geochemical anomalies occurring over a 6.5-kilometre trend.

Appointment of vice-president of corporate affairs

The company is also very pleased to announce the appointment of Joyce Musial as vice-president of corporate affairs, effective on June 1, 2017. Ms. Musial brings a wide range of experience gained from over 25 years with public companies in the mining sector.

"Joyce's extensive background in management and corporate communications in the mining sector is a valuable addition to Inzinc's management," stated Kerry Curtis, chairman and interim chief executive officer of Inzinc. "Joyce has a wide range of experience with exploration, development and producing mining companies and was a member of a management team that successfully advanced a junior exploration company through development to acquisition. Joyce brings to Inzinc the knowledge, skills and enthusiasm to assist us in advancing and developing our flagship West Desert zinc project in Utah."

Ms. Musial's background includes 10 years with Placer Dome, five years with Cumberland Resources, and management and consulting roles in a variety of mineral resource companies. She has an honours bachelor of science degree from the University of Western Ontario and has completed the Canadian Securities Course.

Election of directors

The company announces that the nominees listed in the management proxy circular for the 2017 annual general meeting of shareholders held on May 25, 2017, were elected as directors of Inzinc. Results of the vote for the election of directors are tabulated in the attached table.

Director              Votes for            %       Votes withheld            %

Kerry Curtis          9,029,248       99.49%               46,000        0.51%
Louis Montpellier     8,969,248       98.83%              106,000        1.17%
Wayne Hubert          9,029,248       99.49%               46,000        0.51%
John Murphy           9,029,248       99.49%               46,000        0.51%

In addition, the following resolutions were passed:

  1. The appointment and remuneration of auditor Davidson and Company LLP;
  2. Annual approval of the incentive stock option plan.

Issuance of stock options

Inzinc announces the grant of stock options to directors, officers and consultants to purchase a total of 1,5 million common shares of the company for a period of three years at an exercise price of 13.5 cents per share, effective on May 31, 2017.

About Inzinc Mining Ltd.

Inzinc is focused on growth in zinc through expansion and exploration of the advanced-stage West Desert project in Utah and the Indy exploration project in British Columbia. West Desert comprises a large resource, is open for expansion and has district-scale exploration potential. Indy comprises both near-surface exploration targets and regional discovery potential. Both zinc projects are well located, with easy access and existing infrastructure.

We seek Safe Harbor.

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