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InZinc Mining Discovers Shallow High Grades at Indy Project in BC
6.29m Grading 12.33% Zinc, 2.98% Lead and 24.5 g/t Silver at 60m Below Surface VANCOUVER, British Columbia, Nov. 13, 2018 (GLOBE NEWSWIRE) -- InZinc Mining Ltd.
About this update from Inzinc Mining Ltd.
[{"type":"text","content":" 6.29m Grading 12.33% Zinc, 2.98% Lead and 24.5 g/t Silver at 60m Below Surface VANCOUVER, British Columbia, Nov. 13, 2018 (GLOBE NEWSWIRE) -- InZinc Mining Ltd. (TSX-V: IZN) (the “Company”) announces the discovery of high grade, shallow mineralization from its first drill program at the Indy zinc project (100% option) located 100km southeast of Prince George in central British Columbia. Results from the eleven-hole drill program (1271m drilled), including intersections from the final six holes, identified a new zone of near surface mineralization called the B-9 zone. All significant intersections returned, including those previously released (see News Release NR2018-06), are located within 60m of surface. B-9 Zone 2018 Drilling – Selected Highlights (refer to details in Tables 1 and 2) Hole IB18-009 12.33% Zn, 2.98% Pb, and 24.46 g/t Ag (14.98% ZnEq) over 6.29m at 60m below surface Hole IB18-008 5.76% Zn, 0.48% Pb and 3.41 g/t Ag (6.18% ZnEq) over 6.73m at 56m below surface Hole IB18-002* 4.49% Zn, 1.13% Pb and 7.32 g/t Ag (5.46% ZnEq) over 4.28m at 27m below surface 2.24% Zn, 0.83% Pb and 5.23 g/t Ag (2.95% ZnEq) over 5.38m at 33m below surface 3.50% Zn, 0.66% Pb and 4.59 g/t Ag (4.07% ZnEq) over 4.57m at 37m below surface Hole IB18-003* (low core recovery) 9.26% Zn, 2.43% Pb and 17.98 g/t Ag (11.38% ZnEq) over 3.05m at 23m below surface Hole IB18-006* 3.88% Zn, 1.34% Pb and 8.90 g/t Ag (5.03% ZnEq) over 3.99m at 29m below surface *Previously released.Note: True widths are unknown. The intersections in IB18-002 are separated by lost core/no recovery. ZnEq calculation: metallurgical studies have not been completed and assumes 100% metallurgical recovery using Zn prices at $1.10/lb., Pb at $.80/lb. and Ag at $15/oz – all $US. The first drill program at Indy has been a success with the discovery of shallow mineralization at the new B-9 zone, including high-grade massive sulphide mineralization in holes IB18-009 and IB18-003 which remain open for further exploration. Guided by cost effective soil geochemistry in an area of no surface rock exposure, the exploration drilling provides the first important insights into the distinctive type of mineralization at the B-9 zone and underscores the unique potential of the Indy project. Emerging Geological Model The geological characteristics of the B-9 zone (see News Release NR2018-06...