Inzinc Mining accelerates B-9 core analysis

The October 21, 2025 news release announces that Inzinc has completed its 800-metre, six-hole Phase 2 diamond drilling program at the Indy Project in British Columbia. This drilling was designed to follow up on successful Phase 1 results and was focused on a target area 300 metres north of the main B-9 Zone. The company is accelerating the analysis of the drill core, with results anticipated in four to five weeks. The release also reiterates the successful Phase 1 results which extended the B-9 Zone's strike length to 700 metres, highlighted by drill intercepts such as 11.0% zinc over 3.0 metres and 3.3% zinc over 19.1 metres.

The news is a routine operational update, confirming the completion of a previously announced drill program. The "acceleration" of sample analysis is a positive signal of intent, but the news itself contains no new data or results. Therefore, its direct impact is minimal. The market is now in a "wait-and-see" mode for the Phase 2 drill results, which will be the next material catalyst.

Looking at the progression of news over the last year, the company has methodically executed its exploration plan: - February-May 2025: The company identified new targets, secured permits, and mobilized for its 2025 drill program. - August 2025: Phase 1 drill results were highly successful, extending the B-9 mineralized trend by over 40% to 700 metres and hitting the widest intersection to date. The identification of the critical mineral gallium was also a positive development. - September 2025: Based on the Phase 1 success, the company immediately launched a Phase 2 program to follow up on the northern extension.

The October 21 news confirms this second phase is complete. While the news itself is not material, it reinforces a pattern of competent operational execution and sets the stage for potentially significant news in the near future. The market has already reacted to the positive Phase 1 results, with the stock moving from a long-term base of $0.02 to the $0.03 level. The materiality of today's news is low, but the anticipation for the pending results is high. The announcement does not change the fundamental investment thesis, which remains a high-risk/high-reward speculation on exploration success.

Inzinc Mining Ltd. is a Canadian junior mineral exploration company focused on its 100%-owned Indy Project, located in central British Columbia. The flagship project is a 200 sq km land package prospective for sedimentary exhalative (Sedex) type zinc-lead-silver-barite deposits. The geology is considered analogous to the prolific Selwyn Basin. The primary target is the B-9 zone, where drilling has outlined near-surface mineralization over a 700-metre strike length which remains open. The project benefits from good access to infrastructure, including roads, rail, and power. Major mining company South32 Ltd. staked adjacent ground in late 2021, indicating interest in the region's potential.

The Indy property is subject to a 1.0% NSR held by Pac Shield Resources Inc. (PSR) and a 1.5% NSR held by Kerry Curtis, Inzinc's non-executive Chairman and the controlling shareholder of PSR. This represents a total royalty burden of 2.5%.