InZinc Mining Ltd【IZN】株式ニュース

InZinc Announces Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through UnitsMarch 24, 2026 1:30 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - InZinc Mining Ltd. (TSXV: IZN) ("InZinc" or "Company") is pleased to announce a non-brokered private placement (the "Offering") of a combination of: (i) common shares of the Company ("Common Shares") each issued as a "flow-through share" (such Common Shares being "FT Shares") at a price of $0.08 per FT Share; and (ii) non-flow-through units ("Units") at a price of $0.05 per Unit, for aggregate gross proceeds to the Company of up to $1,200,000.Proceeds from the issuance of the FT Shares will support a planned 2026 diamond drilling program targeting new Sedex discoveries - primarily zinc with associated lead, silver and potentially gallium (both zinc and gallium are considered critical minerals) - at the Company's wholly owned Indy project, located approximately 90 km southeast of Prince George in central British Columbia (the "Indy Project"). Drill permits have been received and drilling is expected to begin in May 2026.Drilling in late 2025 discovered the B-9 Apex Zone, including a very high-grade intersection containing 20.1% Zn, 1.7% Pb and 9.5 g/t Ag over 3.2 m within a 58 m wide mineralized and altered envelope. The 2025 program achieved a 125% drill-defined strike extension of the B-9 Zone trend to 1000 m, culminating with the discovery of the Apex Zone. Untested, coincident geophysical and geochemical anomalies extend for at least 1,200 m along strike from the Apex Zone, defining a highly prospective corridor of up to 2.2 km with strong potential for both extensions and new discoveries.Each FT Share will qualify as a "flow-through share", as defined in subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act"). The proceeds of the FT Shares will be used to incur eligible expenses related to the Indy Project (the "Qualifying Expenditures") that qualify: (i) as "Canadian exploration expenses" (as this term is defined in the Tax Act) which may be renounced by the Company pursuant to the Tax Act; (ii) either as "flow-through mining expenditures" or, if the Company so determines, as "flow-through critical mineral mining expenditures" (as both terms are defined in the Tax Act); and (iii) for FT Shares purchased by eligible British Columbia investors, as "BC flow-through mining expenditures" that meet the criteria set forth in subsection 4.721(1) of the Income Tax Act (British Columbia).The Company plans to incur Qualifying Expenditures on or before December 31, 2027 (or such other period as may be permissible under applicable tax legislation), and to renounce all the Qualifying Expenditures in favour of investors of the FT Shares with an effective date not later than December 31, 2026. Each Unit will consist of one non-flow-through Common Share and one-half (½) of one Common Share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to acquire one non-flow-through Common Share (each, a "Warrant Share") at an exercise price of $0.10 per Warrant Share until 4:30 pm (Pacific time) on that date that is 24 months from the closing date of the Offering (the "Expiry Time"). Closing of the Offering is expected to occur on or around April 9, 2026 (the "Closing Date"). Proceeds from the issuance of the Units will be used for general working capital. The Offering is subject to regulatory approvals. The securities issued pursuant to the Offering will be subject to a four-month and one day hold period under applicable securities laws.In connection with the Offering, certain finders may receive a cash fee and/or non-transferable finder's warrants in connection with securities purchased under the Offering by investors that are found by the finder, in accordance with the policies of the TSX Venture Exchange. Certain directors or officers of the Company may subscribe for Units under the Offering. The participation of the directors and officers in the Offering will constitute a "related party transaction" for the purposes of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the insider participation in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities to be issued, nor the fair market value of the consideration for the securities to be issued will exceed 25% of the Company's market capitalization as calculated in accordance with MI 61-101.This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.About InZincInZinc has discovered and is advancing near-surface exploration at the 100%-owned Indy project in central British Columbia, Canada. The extensive tenure at Indy covers 200 square km and a 30 km length of under-explored, prospective strata in central British Columbia. The Indy Project is well located with respect to road access, rail, power, port and smelter infrastructure. In 2025 the Company announced the extension of the B-9 mineralized trend to a drill defined strike length of greater than 1000 m and integrate:Significant drill results from B-9 Apex Zone (replacement mineralization):15.4% Zn, 1.3% Pb and 7.2 g/t Ag over 4.2 m, including
20.1% Zn, 1.7% Pb and 9.5 g/t Ag over 3.2 mSignificant drill results from the near-surface B-9 Discovery Zone (primary mineralization):8.0% Zn, 2.0% Pb and 16.2 g/t Ag over 9.9 m 11.0% Zn, 2.3% Pb and 27.1 g/t Ag over 3.0 m 9.3% Zn, 2.4% Pb and 18.0 g/t Ag over 3.1 m 5.5% Zn, 0.5% Pb and 3.4 g/t Ag over 6.7 m 3.3% Zn, 0.7% Pb and 7.4 g/t Ag over 19.1 m South32 Limited (ASX, LSE, JSE) became a major tenure holder in the Indy belt by staking approximately 200 km2 of adjacent claims in late 2021.Additionally, InZinc will receive 50% of the revenue (NSR) from the sale of indium mined from American West Metals' (ASX) West Desert project, Utah. Through its equity investment in American West, InZinc is also exposed to a portfolio of North American base metals projects. InZinc Mining Ltd.Wayne Hubert
Chief Executive Officer
Phone: 604.687.7211
Website: www.inzincmining.com For further information contact :Joyce Musial
Vice President, Corporate Affairs
Phone: 604.317.2728
Email: joyce@inzincmining.comQualified PersonPatrick McLaughlin, P.Geo., an Independent Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects and a registered professional geoscientist in British Columbia, has approved the technical content of this news releaseCautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Forward-looking statements include, but are not limited to, statements that address activities, events of developments that the Company expects or anticipates will or may occur in the future. Forward-looking statements are typically identified by words such as believe, expect, anticipates, intends, estimates, plans, postulate, indicate and similar expressions, or are those, which, by their nature, refer to future events. Although InZinc believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. The Company cautions investors that any forward-looking statements are not guarantees of future results, performance or actions, and that actual results or 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 December 31, 2024 and for the nine months ended September 30, 2025 filed with certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, InZinc disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.ca. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289731
Original: InZinc Announces Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through Units

High-Grade Replacement Sedex Discovery Highlights Significant Potential Along New 1.2 km Trend at InZinc's Indy Sedex Project, Central BCMarch 11, 2026 8:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 11, 2026) - InZinc Mining Ltd. (TSXV: IZN) ("InZinc" or the "Company") announces recently reported very high-grade discoveries at the B-9 Zone (see NR25-09) are now recognised as replacement Sedex mineralization (B-9 Apex Zone) and are integral to the B-9 trend now totalling 2.2 km in length, of which 1.2 km remains untested. Near-surface primary mineralization, new replacement mineralization and along-strike prospects multiply the already significant discoveries achieved at the 100% owned Indy Sedex zinc-lead-silver-gallium-barite project, located 90 km southeast of Prince George in central BC, Canada. "The addition of the high-grade B-9 Apex replacement zone is an exciting enhancement to the discovery potential at Indy. Replacement is a mineralizing process recognised at the world's richest Sedex deposits, most notably the Red Dog mine in Alaska, where it contributes to very high-grades and giant-sized deposits," remarked Wayne Hubert, CEO of InZinc. "Recognition of replacement style mineralization substantially improves our outlook for size, grade and potential for additional discoveries at the expansive and easily accessible Indy project in central BC."Drilling in late 2025 discovered the B-9 Apex Zone, including a very high-grade intersection containing 20.1% Zn, 1.7% Pb and 9.5 g/t Ag over 3.2 m (see NR25-09) within a broader mineralized and altered envelope 58 m wide (Figures 1 and 2). This mineralization is recognised as replacement Sedex mineralization. Identifying replacement mineralization is crucial in Sedex deposits as it signifies potential for increased metal grades, enlarged zones and distribution of economic minerals into multiple rock layers.Both primary and replacement Sedex mineralization are now recognised across the 1000 m drill-defined B-9 Zone. Untested, coincident geophysical and geochemical anomalies continue for at least 1200 m along strike from the Apex Zone (Figure 3) for a total potential length of the B-9 trend of 2.2 km. Drill permits are approved and planning for 2026 drilling is well underway. Figure 1: Vertical Longitudinal Section - Highlighted Drill IntersectionsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6480/288064_743a5721d4c60993_001full.jpgAbout Replacement Sedex MineralizationSedex deposits are the largest global producers of zinc with important by-products such as silver and critical metals. There are a limited number of areas in the world prospective for Sedex deposits. Primary Sedex mineralization, sometimes termed "shale hosted" or "exhalative", formed as layers on the ancient seafloor. Replacement Sedex mineralization formed, almost synchronously, below the seafloor allowing mineralization to extend into receptive surrounding rock layers (Figure 4).Replacement improves potential for enlarged zones, increased metal grades and distribution of economic minerals into multiple rock layers rather than only at the seafloor. Examples include the Red Dog deposits, Alaska (35 million metric tons of contained zinc and lead metal1) and the Boundary deposit, Yukon (mineral resource of > 50 million tonnes2).Figure 2: B-9 Apex Zone - Replacement Sedex Mineralization - Cross SectionTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6480/288064_743a5721d4c60993_002full.jpgB-9 Apex Discovery - Very High-Grade Replacement Mineralization - Open for Expansion2025 drill holes IB25-041 and 043 intersected replacement mineralization (B-9 Apex Zone) located 300 m north and directly along strike of the B-9 Discovery Zone. In drill hole IB25-043, a mineralized and altered envelope totaling 58 m wide was intersected from 144 m downhole (Figure 2). Within this mineralized envelope, a 21.7m section of core commencing from 180.0 m to 201.7 m (downhole) contained variably distributed sulphide mineralization, with best grades near the bottom of the interval, including:2.1% Zn, 3.5% Pb and 15.0 g/t Ag over 1.9 m from 180.0 m downhole11.6% Zn, 3.9% Pb and 15.4 g/t Ag over 0.4 m from 185.1 m downhole1.8% Zn, 0.4% Pb and 2.1 g/t Ag over 2.7 m from 189.3 m downhole1.4% Pb and 7.4 g/t Ag over 1.2 m from 192.4 m downhole15.4% Zn, 1.3% Pb and 7.2 g/t Ag over 4.2 m from 197.6 m downhole, which includes
20.1% Zn, 1.7% Pb and 9.5 g/t Ag over 3.2 m also from 197.6 m downholeDrill hole IB25-041, also encountered visual replacement mineralization at 106 m downhole at a distance 130 m up-dip from intersections in drill hole IB25-043. The Apex zone remains open in all directions for expansion.2.2 km B-9 Trend - Includes Untested 1.2 km Extending NW from B-9 ApexDrill programs in 2025 achieved a 125% strike extension of the B-9 Zone to 1000 m, culminating with the discovery of B-9 Apex Zone (Figure 1). Soil geochemical and geophysical signals were utilized to target the Apex discovery (Figure 2). These same untested coincident EM geophysical and soil geochemical "signals" continue for at least another 1200 m to the northwest of the B-9 Apex Zone (Figure 3) representing a high potential corridor for both extension and new discoveries.Figure 3: Indy Project - Mineralization and Exploration Potential To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6480/288064_743a5721d4c60993_003full.jpgFigure 4 - Indy Project - Two Distinct Styles of Sedex MineralizationTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6480/288064_743a5721d4c60993_004full.jpgNew Sedex District in Central BC There are a limited number of areas in the world prospective for Sedex deposits, which are the largest global producers of zinc, host the largest known zinc resources, and commonly produce high amounts of silver and several critical minerals as by-products. Discoveries at the Indy Sedex project in central BC are analogous to the world-class Sedex deposits and districts in the Selwyn Basin of northeastern BC and the Yukon. Indy is road-accessible and located close to existing rail, power, port and smelter infrastructure.Source:Emsbo, P., Seal, R.R., Breit, G.N., Diehl, S.F., and Shah, A.K., 2016, Sedimentary exhalative (sedex) zinc-lead-silver deposit model: U.S. Geological Survey Scientific Investigations Report 2010-5070-N.34.34 Mt Indicated at 5.63% ZnEq, 17.46 Mt Inferred at 3.75% ZnEq, Fireweed Metals website.About InZincInZinc has discovered and is advancing near-surface exploration at the Indy Sedex zinc-lead-silver-gallium-barite project (100%) in central BC, Canada. The extensive tenure at Indy covers 200 square km and a 30 km length of under-explored, prospective strata in central BC. The project is well located with respect to road access, rail, power, port and smelter infrastructure. In 2025 the Company announced the extension of the B-9 mineralized trend to a drill defined strike length of greater than 1000 m:Significant drill results from B-9 Apex Zone (replacement mineralization):15.4% Zn, 1.3% Pb and 7.2 g/t Ag over 4.2 m, including
20.1% Zn, 1.7% Pb and 9.5 g/t Ag over 3.2 mSignificant drill results from the near-surface B-9 Discovery Zone (primary mineralization):8.0% Zn, 2.0% Pb and 16.2 g/t Ag over 9.9 m 11.0% Zn, 2.3% Pb and 27.1 g/t Ag over 3.0 m 9.3% Zn, 2.4% Pb and 18.0 g/t Ag over 3.1 m 5.5% Zn, 0.5% Pb and 3.4 g/t Ag over 6.7 m 3.3% Zn, 0.7% Pb and 7.4 g/t Ag over 19.1 m South32 Limited (ASX, LSE, JSE) became a major tenure holder in the Indy belt by staking approximately 200 km2 of adjacent claims in late 2021.Additionally, InZinc will receive 50% of the revenue (NSR) from the sale of indium mined from American West Metals' (ASX) West Desert project, Utah. Through its equity investment in American West, InZinc is also exposed to a portfolio of North American base metals projects. InZinc Mining Ltd. Wayne Hubert
____________ Chief Executive Officer
Phone: 604.687.7211
Website: www.inzincmining.com For further information contact:
Joyce Musial
Vice President, Corporate Affairs
Phone: 604.317.2728
Email: joyce@inzincmining.com Qualified PersonPatrick McLaughlin, P.Geo., an Independent Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects and a registered professional geoscientist in British Columbia, has approved the technical content of this news release.Quality Assurance/Quality ControlHQ drill core was collected from the drill site and delivered to the Indy Camp by InZinc staff. The core was logged, sample intervals were outlined and photographic records were collected. Core samples were split using a diamond saw or manually chipped at the camp with one-half of the core submitted for assay and the remainder stored in wooden core boxes. The core was bagged in individually marked plastic sample bags and shipments were compiled in labelled rice bags. Core shipments were delivered by InZinc contract geologists to Bandstra Transportation Systems Ltd. in Prince George, B.C. for furtherance to MSA Labs in Langley, B.C., Canada for analysis. Samples were prepared by MSA and analyzed by ICP-AES multi-element plus 4-Acid Digestion and select AAS-Fire Assay. In addition to the labs QA/QC procedures, InZinc inserted blind standards, blanks or lab-directed duplicates by special instruction - every tenth sample. The results from the QA/QC samples were within industry norms.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Forward-looking statements, include but are not limited to, statements that address activities, events of developments that the Company expects or anticipates will or may occur in the future. Forward-looking statements are typically identified by words such as: believe, expect, anticipates, intends, estimates, plans, postulate, indicate and similar expressions, or are those, which, by their nature, refer to future events. Although InZinc believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. The Company cautions investors that any forward-looking statements are not guarantees of future results, performance or actions, and that actual results or 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 December 31, 2024 and for the six months ended June 30, 2025 filed with certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, InZinc disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.ca. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288064
Original: High-Grade Replacement Sedex Discovery Highlights Significant Potential Along New 1.2 km Trend at InZinc's Indy Sedex Project, Central BC

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InZinc Mining Ltd (IZN) ニュース

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