Inomin Mines begins exploration at Beaver-Lynx

Executive Summary

• Inomin Mines Inc. has commenced a $1.7 million, 3,850 m drilling program at the Beaver‑Lynx project in south‑central British Columbia.
• The program will test continuity of known mineralization in the Beaver South zone and explore high‑priority targets in the Beaver North and newly defined Beaver West zones.
• Exploration is being financed by Sumitomo Metal Mining Canada Ltd. under an earn‑in/joint‑venture agreement, deepening the partnership between the two companies.

Key Details

• Program Funding: $1.7 million total exploration spend, fully funded by Sumitomo Metal Mining Canada Ltd. through an earn‑in and joint‑venture structure (see May 8 2025 release).
• Drilling Scope: Approximately 3,850 m of core drilling targeting:
• Beaver South zone – aims to confirm continuity of near‑surface nickel and magnesium mineralization previously intersected.
• Beaver North zone – high‑priority targets intended to expand existing drill discoveries.
• Soil Sampling: Initiated on the Beaver West zone, a 4 km × 3 km magnetic‑high anomaly bordering the Gibraltar mine, to detect nickel and/or copper and define future drill targets.
• Project Size & Location: Beaver‑Lynx covers ~28,000 ha, situated ~50 km north of Williams Lake, adjacent to the Gibraltar open‑pit copper mine (Canada’s second‑largest). Accessible year‑round via all‑season roads, hydroelectric power, and rail.
• Mineral Potential: Historic drilling has intersected nickel, magnesium, copper, chromium, cobalt, silver, and gold; positive initial drill and metallurgical results suggest potential for a major nickel‑critical minerals resource.
• Partnership Details: Sumitomo is earning into the project under an earn‑in/joint‑venture agreement (originally announced May 8 2025). Inomin remains the operator.
• Qualified Person: L. John Peters, P.Geo., NI 43‑101 qualified person, has reviewed and approved all technical information disclosed.

Notable Quotes

“It’s exciting to see exploration at Beaver progress towards inaugural resource delineation… The South, North and West zones are representative of the many substantial exploration areas we’ve outlined at Beaver‑Lynx.” – John Gomez, President, Inomin Mines Inc.