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Inomin Renews Strategic Alliance on Fleetwood-Seneca Zinc-Copper-Silver-Gold Properties
Application to Extend Warrants Vancouver, British Columbia--(Newsfile Corp. - January 13, 2...
About this update from Inomin Mines Inc
[{"type":"text","content":"Inomin Renews Strategic Alliance on Fleetwood-Seneca Zinc-Copper-Silver-Gold PropertiesBeaver-Lynx Project - a Class 1 Nickel Project in Tier 1 JurisdictionApplication to Extend WarrantsVancouver, British Columbia--(Newsfile Corp. - January 13, 2020) - Inomin Mines Inc. (TSXV: MINE) (\"Inomin\" or the \"Company\") reports it has renewed its 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, 90 kilometres east of Vancouver. Any consideration received from a third-party deal, such as an investment, joint venture, or the sale of the Fleetwood-Seneca project, is to be divided equally between Inomin and Turnagain. The new strategic alliance agreement was entered into December 21, 2019. Fleetwood-Seneca hosts the Seneca zinc-copper-silver-gold deposit, the partially-delineated Fleetwood, 33 and Vent zones, as well as several priority exploration targets within a 6 kilometre by 2 kilometre mineral belt.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/3069/51348_cfa996b81423aaeb_001full.jpgThe Fleetwood-Seneca project is located within a 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. For a description of these zones, refer to Inomin's January 19, 2019 news release.Drilling at Fleetwood-Seneca has encountered several significant intersections that illustrate the high-grade, polymetallic nature of portions of the massive sulphide mineralization including the following:Hole NumberMineralizationZincCopperLeadSilverGoldInterval DDH-71-6Massive 9.15%1.01%0.01% 84.60 g/t 2.82 g/t7.30 m DDH-74-31Massive 11.28%0.64%0.66%125.10 g/t0.90 g/t5.00 m DDH-83-6Massive 17.70%5.11%0.04%144.30 g/t6.96 g/t1.30 m Seneca DepositHole NumberMineralizationZincCopperLeadSilverGoldIntervalDDH-91-16Massive 5.56%0.38%0.37% 162.00 g/t2.37 g/t1.10 mDDH-91-10Massive13.77%0.84%0.42% ...