InZinc Mining Ltd. reported final drill results from the 2022 exploration drill program, the Company's second drill program, at the Indy project located 100 kilometres (km) southeast of Prince George in central British Columbia. The Company also announces it has completed all the earn-in obligations and exercised its option to acquire a 100% interest in Indy. Shallow, wide spaced exploration drilling (5 holes, 699 m) in 2022 explored the B-9 Zone along a 450 m trend to 130 m at depth.

To date, including drilling from the first drill program in 2018, the B-9 Zone remains open for expansion to the north, south and at depth. 2022 Drill Results - B-9 Zone Highlights: Shallow, wide spaced exploration drilling (5 holes, 699 m) explored the B-9 Zone mineralization over a 450 m trend in 2022. Hole IB22-028, at the current northern extent of the B-9 Zone, tested for the depth extension of shallow massive sulphides intersected in 2018 (IB18-003: 9.3% Zn, 2.4% Pb, 18 g/t Ag over 3.1 m at 23 m below surface).

Hole IB22-028 intersected mineralization approximately 90 m below (down-dip) of the above mineralization, returning 3.4% Zn, 0.5% Pb and 4.6 g/t Ag over 4.0 m, in a wider zone (9.7 m core length) of lower grade (below cut-off) mineralization. This indicates mineralization extends 130 m from surface to depth - and remains open for further exploration both below and to the north. Hole IB22-025 returned similar findings at the current southern extent of the B-9 Zone.

The 2022 exploration drilling at B-9 has demonstrated, with wide spaced and shallow drilling, both the potential continuity of mineralization and the expansion possibilities. To date, higher grade intersections have generally been more common in the southern B-9 Zone. Several unexplored geophysical (conductive) trends and soil geochemical "signals" continue peripheral to the 450 m drill-tested trend; follow-up zones are continuing for approximately 500 m south and 300 m to the north.

Looking Ahead to 2023: The 2022 exploration program included 1,259 line km of airborne geophysics and 2,616 m of diamond drilling in 17 holes. Drilling of the B-9 Zone expanded mineralization, with as yet unknown limits. The discovery of the Keel Red oxide zinc, copper, nickel, cobalt occurrence 4 km to the north of B-9 suggests an additional mineralizing event is also possible at Indy.

With large base metal targets, including Echo North and South, Delta, Anomaly C and Action, several silver-in-soil targets yet to be explained within a 30 km belt of unexplored terrain - numerous targets will be considered as plans are developed for exploration in 2023.