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Inomin Starts Drilling at Beaver-Lynx Nickel-Cobalt Property

Drilling to Test for Nickel-Cobalt Over Large 6-Km Long Area Vancouver, British Columbia--(Ne...

articleInomin Mines IncOctober 6, 20213/company/inomin-mines-inc/news/inomin-starts-drilling-at-beaver-lynx-nickel-cobalt-property
Inomin Starts Drilling at Beaver-Lynx Nickel-Cobalt Property

About this update from Inomin Mines Inc

[{"type":"text","content":"Inomin Starts Drilling at Beaver-Lynx Nickel-Cobalt PropertyDrilling to Test for Nickel-Cobalt Over Large 6-Km Long AreaVancouver, British Columbia--(Newsfile Corp. - October 6, 2021) - Inomin Mines Inc. (TSXV: MINE) (\"Inomin\", \"MINE\" or the \"Company\") reports drilling is underway at the Company's Beaver-Lynx Nickel-Cobalt property located in the Cariboo region of British Columbia. Approximately 1,200 metres of diamond drilling is planned to test for nickel mineralization within a 5 - 6 kilometre-long area covering the Spur and North Lobe zones. This large exploration area has been defined by MINE's summer 2021 ground magnetic survey and limited previous drilling. Inomin's 100% owned Beaver-Lynx project is approximately 20,000 hectares, located 15 - 25 kilometres east and southeast respectively of Taseko Mines Ltd.'s Gibraltar Mine in British Columbia's Cariboo Mining Division. Initial exploration and metallurgical studies at Beaver, including geophysical surveys and diamond drilling programs during 2013 - 2014, demonstrated the property's potential to host large areas of near-surface, disseminated sulphide nickel and cobalt, amenable to conventional extraction methods.The Company recently acquired additional mineral claims to join the Beaver and Lynx claim blocks into a single property (Beaver-Lynx). Mineral claims were also acquired in the Lynx area to cover a strong magnetic target. Beaver-Lynx Location and 2021 Beaver Ground Magnetic SurveyTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/3069/98782_e7da00d2f4d23811_001full.jpgMagnetic surveys have proven very effective at delineating magnetite-serpentinite rocks hosting nickel-cobalt mineralization. At Beaver, airborne and ground magnetic surveys have identified five magnetite-serpentinite zones 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, sulphide nickel. Cobalt occurs with nickel mineralization ranging from 0.009% to 0.012% cobalt. The Beaver-Lynx project is situated in relatively flat ter...

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