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InZinc Intersects 27.1 metres of Zinc Oxides with Nickel-Copper-Cobalt at Indy, BC
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - InZinc Mining Ltd. (TSXV: IZN...
About this update from Inzinc Mining Ltd.
[{"type":"text","content":"InZinc Intersects 27.1 metres of Zinc Oxides with Nickel-Copper-Cobalt at Indy, BCVancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - InZinc Mining Ltd. (TSXV: IZN) (\"InZinc\" or the \"Company\") is pleased to report a new occurrence of zinc with copper, nickel and cobalt from drilling and additional results from the 2022 exploration drill program at the Indy project (100% option) (\"Indy\" or the \"Project\") located 100 kilometres (km) southeast of Prince George in central British Columbia. Additional results from expansion drilling at the B-9 Zone are expected shortly.Keel Red Occurrence - 27.1 m of Zinc Oxides with Nickel, Copper and CobaltDrill hole IB22-020 (Table 1), exploring between the Keel and Echo Central geochemical targets (Figure 1), has intersected 27.1 m of buried oxide material starting at 47.3 m downhole and averaging 0.67% zinc and 0.13% nickel. Named Keel Red, the upper part of the core interval (from 47.3 m to 55.0 m) also returned 0.11% copper over 7.8 m. Additionally, the 27.1 m interval is anomalous in cobalt content averaging 163 ppm with values up to 962 ppm over a 1 m core length. \"This is the first exploration drilling of this area and the first time we have seen the presence of nickel-copper-cobalt with zinc at Indy. It is also the first known occurrence of the important 'battery suite' of metals in this unexplored region of BC,\" commented Wayne Hubert, CEO of InZinc. \"InZinc's extensive geophysical and soil geochemical coverage, which includes nickel, copper and cobalt, provides the depth and flexibility to develop new targets at Indy when new metal potential from a discovery such as Keel Red is identified.\"Table 1: Indy Project - 2022 Drill Hole Intersections - Keel Red Oxide Drill HoleIntervalFromToZincNickelCopperCobalt DepthBelowSurface(m)(HQ)(m)(m)(m)(%)(%)(%)(PPM)IB22-02027.0847.2574.330.670.130.0616330 includes7.7547.2555.000.660.140.111546.0058.0064.000.930.170.09280 Note: Drill intervals represent apparent width. True widths are unknown. Oxides as a Pathfinder to Sulphide MineralizationKeel Red is interpreted as an oxide occurrence and a secondary deposition of metals. A primary sulphide source of these metals, potentially located at depth (Figure 2) and/or along trend, is of significant interest as a new exploration target at Indy.Keel Red is located approxim...