Mr. Wayne Hubert reports
INZINC DEFINES LARGEST ZINC TARGET AT INDY PROJECT, BC - 1.9 KM LENGTH
Inzinc Mining Ltd. has released further results from exploration activities at the Indy Sedex project in central British Columbia where near-surface, high-grade Sedex-type zinc mineralization was discovered by soil geochemical sampling and follow-up drilling in 2018. Additional soil sampling results are pending.
Echo -- 1.9-kilometre-long zinc target defined
Further to a news release on Aug. 31, 2021 (see news release August, 2021), additional geochemical results (1.) have extended strong soil responses in the area located between anomaly C and the Delta Horizon target. These results now show strong, coincident, multielement (zinc, lead, barium), multistation soil responses over 1.9 kilometres in this area of the seven-kilometre-long Main trend named Echo. This is the largest target yet defined and possibly the largest untested zinc exploration target in a readily accessible region of Canada.
Main trend -- Echo target 2021 zinc-in-soil
Numerous samples have returned 800 to 1,000 parts per million zinc with highs of up to 3,700 ppm (0.37 per cent). Barium-in-soil, coincident with zinc responses, is also very strong (ranging from 2,000 ppm to exceeding detection limits of analysis at 10,000 ppm or 1 per cent) relative to other targets. This continuous and linear soil geochemical anomaly is consistent with stratigraphic or contact related mineralization, possibly associated with a distal Sedex environment.
"These additional strong results now complete the definition of the new Echo target -- the largest of all the Sedex --type targets currently outlined in the Main trend at Indy. With 6.5 km of high-quality zinc targets, Indy has now matured into a very prospective project with potential for regional-scale discoveries," commented Wayne Hubert, chief executive officer of Inzinc. "We see years ahead of exploration and drilling programs self-funded through the significant cash payments to be received as a result of the West Desert option agreement which closed on June 2, 2021 (see NR 2021-05)."
About Inzinc Mining Ltd.
Inzinc is focused on growth through exploration and advancement of its interest in multiple North American base metals projects. The road accessible Indy project (100-per-cent earn-in), located in central British Columbia, comprises discoveries of near-surface mineralization and large untested exploration targets along a 25-kilometre-long trend with potential for the discovery of a new regional-scale zinc belt. The West Desert option (100-per-cent option to American West Metals) provides significant cash payments and continuing leverage through ownership in American West Metals as it finances the advancement of the West Desert project to prefeasibility (planned in Q3 2023) and the Storm copper and Copper Warrior projects in North America. In addition, upon exercise of the West Desert option, Inzinc will receive 50 per cent of the revenue from the sale of indium mined from West Desert.
1. Dave Heberlein, MSc, PGeo, of Heberlein Geoconsulting has reviewed, validated and provided interpretive summaries for the results of the phase 1 2021 geochemical program.
Qualified person
Brian McGrath, BSc, PGeo, a qualified person as defined in National Instrument 43-101, has approved the technical content of this news release.
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