Inomin Expands Critical Minerals Discovery

The most recent news, dated December 15, 2025, reports the third set of drill results from the 2025 diamond drilling program at the company's flagship Beaver-Lynx project in British Columbia. The release provides assay results for four step-out drill holes (B25-07 to B25-10) in the South zone.

Key intercepts include: - Hole B25-07: 115.5 metres grading 0.20% Nickel (Ni), 0.012% Cobalt (Co), 0.40% Chromium (Cr), and 23.81% Magnesium (Mg). - Hole B25-08: 204.0 metres grading 0.16% Ni, 0.009% Co, 0.28% Cr, and 19.57% Mg. - Hole B25-10: 129.0 metres grading 0.18% Ni, 0.011% Co, 0.39% Cr, and 23.12% Mg.

The company states that these results, particularly from holes B25-07 and B25-10 which are 700 metres apart, demonstrate that the South zone hosts a "substantial continuous mineral system." Results from the remaining drill holes are still pending.

This news is a positive, incremental development that confirms and expands upon the previously released drill results from November 26 and December 4, 2025.

• Confirmation of Thesis: The results continue to show long, consistent intercepts of polymetallic mineralization near the surface. This reinforces the exploration model of a large, bulk-tonnage critical mineral system. The continuity over a 700-meter strike length is a significant step in defining the potential scale of the South zone.
• In-line with Expectations: The grades are consistent with prior results (0.16% - 0.20% Ni), which is positive for building a predictable geological model. However, the market was likely anticipating similar results following the two previous strong news releases. As such, this release de-risks the project's geology but doesn't provide a significant upside surprise that would materially re-rate the stock on its own.
• Context of JV: The entire 2025 exploration program, including this drilling, is funded by strategic partner Sumitomo Metal Mining Canada Ltd. as part of their earn-in agreement. This context is critical. The results are being generated with no dilution or cost to Inomin shareholders. The most significant event of the past year was securing this JV in May 2025, which provided funding and major third-party validation. These drill results are the expected positive fruits of that partnership.
• Financial Position: Following the Sumitomo funding and the sale of its Mexican assets for US$350,000, Inomin's balance sheet is strong for an explorer of its size. The September 30, 2025 financials show cash of $1.5 million, eliminating any near-term financing risk for G&A expenses.

The impact is rated Routine - Positive. The results are good and necessary for project advancement, but they are an expected part of the news flow from the ongoing, fully-funded program. The news supports the current valuation but is unlikely to be a standalone catalyst for a major share price move.

Inomin Mines Inc. is a Canadian junior exploration company focused on critical minerals. Its flagship asset is the 100%-owned, royalty-free Beaver-Lynx project, located in south-central British Columbia, adjacent to Taseko Mines' Gibraltar copper mine. The project covers approximately 28,000 hectares and is prospective for large-scale nickel, magnesium, cobalt, and chromium mineralization. The project is being advanced through a strategic earn-in and joint venture agreement with Sumitomo Metal Mining Canada Ltd.