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Inomin Intersects Large Intervals of Prospective Mineralization in Drill Holes at Beaver-Lynx Nickel-Cobalt Property
Nickel to be Added to US List of 50 Critical Minerals Vancouver, British Columbia--(Newsfil...
About this update from Inomin Mines Inc
[{"type":"text","content":"Inomin Intersects Large Intervals of Prospective Mineralization in Drill Holes at Beaver-Lynx Nickel-Cobalt PropertyNickel to be Added to US List of 50 Critical MineralsVancouver, British Columbia--(Newsfile Corp. - November 15, 2021) - Inomin Mines Inc. (TSXV: MINE) (\"Inomin\", \"MINE\" or the \"Company\") reports it has completed a five hole drill program totaling 715 metres at the Company's Beaver-Lynx Nickel-Cobalt property located in the Cariboo region of British Columbia. Drill holes - testing a strike length of 5.7 km - intersected long intervals of favourable mineralization ranging up to 190 metres in thickness. The diamond drilling program successfully tested the Spur and North Lobe zones, large 5 - 6 kilometre-long areas defined by the preceding ground magnetics survey, believed prospective for nickel and cobalt mineralization (Figure 1). Samples have been shipped to SGS Canada for analyses and results are pending.Inomin's 100% owned Beaver-Lynx project, approximately 20,000 hectares in size, is located 15 - 25 kilometres east and southeast respectively of Taseko Mines Ltd.'s Gibraltar Mine in British Columbia's Cariboo Region. Initial exploration and metallurgical studies at Beaver in 2013 - 2014, including geophysical surveys and diamond drilling programs, demonstrated the property's potential to host large volumes of near-surface, Class 1 sulphide nickel and cobalt, amenable to conventional extraction methods.At Beaver, airborne and ground magnetic surveys have identified five magnetite-serpentinite zones in ultramafics with a cumulative strike length of approximately 10 kilometres. Historic drilling at these zones intersected strongly magnetic shallow-dipping serpentinites hosting nickel mineralization in sulphide form. Given the positive drill results related to areas of significant magnetite-rich serpentinite rocks, Beaver displays potential to host multiple zones of large, disseminated, Class 1 sulphide nickel. Cobalt occurs with nickel mineralization historically ranging from 0.009% to 0.012% cobalt. The Lynx area is geologically similar to Beaver with even larger prospective targets area. RGS (regional stream sediment) data collected by the Province of British Columbia illustrates the existence of a large 10 x 5 kilometre nickel anomaly at Lynx. An airborne magnetics survey delineated an 8 kilometre-wide ring...