Business
InZinc Reports Initial 2022 Drill Results and Extension of Mineralization at Indy, BC
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2022) - InZinc Mining Ltd. (TSXV: IZ...
About this update from Inzinc Mining Ltd.
[{"type":"text","content":"InZinc Reports Initial 2022 Drill Results and Extension of Mineralization at Indy, BCVancouver, British Columbia--(Newsfile Corp. - December 15, 2022) - InZinc Mining Ltd. (TSXV: IZN) (\"InZinc\" or the \"Company\") is pleased to report initial results from the 2022 drill program at the Indy zinc and precious metals exploration project (100% option) (\"Indy\" or the \"Project\") located 100 kilometres (km) southeast of Prince George in central British Columbia. Drill hole IB22-025 successfully tested the southern extension of near surface high grade mineralization discovered at the B-9 target in the Company's inaugural drill program in 2018. Additional 2022 drill results from the B-9 target and the new northern targets (Keel and Echo Central) at Indy are pending, depending on lab turnaround (Figure 1).B-9 Drilling (Figures 2 and 3)Five holes were drilled at the B-9 target in 2022 (699 m), across and extending the area where near surface, high grade mineralization (12.33% Zn, 3.0% Pb, 24.5 g/t Ag / 6.3 m) was discovered in 2018. Approximately 400 m of the 900 m long target has been explored by shallow, wide spaced drilling. The 900 m long B-9 target is the southern portion of the 1.8 km long Anomaly B target. Four additional 2022 holes at B-9 are pending results.Hole IB22-025 Highlights (Figure 3 and Table 1)Two separate, shallow mineralized zones (77 m to 93 m vertically below surface), intersected:2.8% Zn, 0.6% Pb, 3.8 g/t Ag / 3.0 m, and3.5% Zn, 0.6% Pb, 6.4 g/t Ag / 3.6 mB-9 target mineralization extended 50 m to depth and up to 100 m to the southConsistent with mineralized geology seen 50 m and 100 m to the north in 2018 drillingMineralization remains open for expansion south and at depthAdditional holes pending resultsFox East Drilling (Figure 1)Four holes (IB22-012 to 015 totalling 564 m) were completed across the 500 m length at the Fox East silver target in 2022. These holes returned anomalous silver results but no significant economic mineralization. Fox East is located approximately 6 km north of the B-9 target.Adjacent Tenure Renewed by Global ProducerIn late 2021, a Canadian subsidiary of South32 (ASX, LSE, JSE) acquired by staking 20,300 ha (203 km2) of mineral claims adjoining and on trend to the northwest of Indy. These claims were recently renewed. South32 is a globally diversified mining and metals company produ...