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Inomin Forms Strategic Alliance on Fleetwood-Seneca Zinc-Copper-Silver-Gold Properties
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2019) - Inomin Mines Inc. (TSXV: ...
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[{"type":"text","content":"Inomin Forms Strategic Alliance on Fleetwood-Seneca Zinc-Copper-Silver-Gold PropertiesDeal consolidates a high-grade VMS mineral district with several exploration targetsVancouver, British Columbia--(Newsfile Corp. - January 18, 2019) - Inomin Mines Inc. (TSXV: MINE) (\"Inomin\", \"MINE\", or the \"Company\") reports it has formed a strategic alliance with Turnagain Resources Inc. to co-market the companies' adjacent Fleetwood and Seneca zinc-copper-silver-gold properties as a combined project named Fleetwood-Seneca. Together the Fleetwood and Seneca properties are a considerably more attractive exploration and development project as the properties consolidate a significant Volcanogenic Massive Sulphide (VMS) district in southwestern British Columbia. Fleetwood-Seneca host the Seneca zinc-copper-silver-gold deposit, the partially-delineated Fleetwood, 33 and Vent zones, and several priority exploration targets within a 6 kilometre by 2 kilometre mineral belt. Any consideration received from a third-party deal, such as an investment or the sale of the Fleetwood-Seneca project, is to be divided equally between Inomin and Turnagain. The strategic alliance agreement was entered into December 21, 2018. To view an enhanced version of this map, please visit:https://orders.newsfilecorp.com/files/3069/42274_3000a7f524b23a57_002full.jpg Fleetwood-Seneca District MineralizationThe Fleetwood-Seneca project is located within a 6 km by 2 km northwest trending volcanic belt hosting extensive zinc-copper-silver-gold rich VMS mineralization. Exploration in the belt has discovered four Kuroko style mineral zones: Fleetwood, 33, Vent, and the Seneca deposit. These mineralized zones are typical of VMS districts where deposits commonly occur in clusters.Seneca DepositWithin the Fleetwood-Seneca VMS district, most of the exploration has focused at the Seneca deposit where (in the Seneca Pit zone) the mineralization is associated with dominantly felsic fragmental footwall units known as the ore zone conglomerate. It is a massive sulphide body with a chalcopyrite-pyrite-rich base overlain by a sphalerite-barite-galena-rich zone.Drilling at the Seneca deposit has encountered several significant intersections that illustrate the high-grade, polymetallic nature of portions of the massive sulphide mineralization including the following:Hole NumberMineraliz...