The fully-funded, two-phased 2023 program will follow-up on the discovery of nickel-cobalt-copper mineralization intersected in the 2022 drill program and several new geochemical anomalies highlighted in the area as a result of the discovery. The upcoming program will also focus on large, untested zinc targets identified by previous geochemical and geophysical surveys.
Phase 1 will focus on groundwork on five targets - three new nickel-cobalt-copper targets and two zinc targets - in the northern area of the 7 km Main Trend. Groundwork, including soil profiling, sampling, mapping and access requirements, is necessary to further evaluate and prioritize the targets. Phase 2 will drill priority targets outlined in Phase 1 and elsewhere on the property. The Company will commence Phase 1 exploration in mid-June with Phase 2 drilling anticipated in July-August.
Nickel - Cobalt - Copper Targets:
TJ: The new TJ target, located 425 m west of
Zinc Targets: Echo: The 1.9 km long Echo target is a continuous high contrast, multi-element (Zn, Pb, Ba, +/- As and Cu signatures) soil geochemical anomaly discovered in 2021.
Delta Horizon: The 1.5 km long Delta Horizon target, a high contrast, multi-element soil geochemical anomaly defined by distinctive Sedex pathfinder elements and rock exposures, was discovered in 2019.
The Company is fully-funded for the planned groundwork and drilling program during 2023. Expenditures are eligible for a 30% rebate under the BC Mineral Exploration Tax Credit (BCMETC).
About InZinc
InZinc is an active explorer and, through its Indy project (100% interest), equity and royalty interests, is exposed to a diverse portfolio of active North American base metals and precious metals projects. Since the 2018 discovery of high grade, near surface mineralization at the Indy project, InZinc has outlined over 10 km of high quality exploration base and precious metals targets and has expanded its mineral tenure to 200 km2 in a new and unexplored mineral region of central
Contact:
Tel: 604.687.7211
Email: joyce@inzincmining.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, 'forward-looking statements') within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking information includes, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: 'believe', 'expect', 'anticipate', 'intend', 'estimate', 'plan', 'design', 'postulate' and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results, performance, or actions and that actual results and actions may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, those risks and uncertainties disclosed in the Company's Management's Discussion and Analysis for the year ended
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