Drill Results
InZinc Commences Diamond Drill Program at High-Grade Apex Discovery; Indy Sedex (Zn-Pb-Ag-Ga) Project, Central BC
InZinc Commences Drilling at Apex Discovery Following Insider Confidence and Financing

Executive Summary
- InZinc Mining Ltd. has officially commenced its 2026 diamond drill program at the Indy Sedex project in central British Columbia as of May 12, 2026.
- The program consists of up to 7 holes totaling approximately 1,500 meters.
- Primary focus is on expanding the high-grade B-9 Apex Zone and testing strike extensions north of Hole IB25-043.
- Secondary targets include untested soil geochemical and EM geophysical signatures extending at least 1,200 meters northwest of the B-9 Apex Zone.
- The company announced an annual grant of 1,600,000 stock options to directors, officers, and consultants with a five-year term and vesting over 12 months.
- Exercise price for new options is $0.08 per share.
- Drilling follows the closing of a $1.047 million private placement in April 2026 which funded this specific program.
Material Impact
- The commencement of drilling was anticipated following the financing announcement in March and April 2026, where management explicitly stated drilling would commence mid-May 2026.
- This news confirms execution of the previously announced plan rather than introducing new discovery data or strategic shifts.
- While positive for operational momentum, it does not materially alter valuation compared to the high-grade intercepts reported in November 2025 and March 2026 which already drove price appreciation from $0.03 to $0.07.
- The stock option grant is standard administrative practice but adds dilution pressure; however, the exercise price ($0.08) is above current trading levels ($0.06), suggesting management believes in upside potential.
- No new drill results are provided yet, so the fundamental value proposition remains dependent on future assay data from this program.
IZN · Price
Company Overview
- InZinc Mining Ltd. is an exploration company focused on near-surface, high-grade mineral resources in British Columbia.
- Flagship Project: Indy Sedex Project (100% owned).
- Location: Central BC, approximately 90 km SE of Prince George with access to road, rail, power, port and smelter infrastructure.
- Mineralization Type: Sedex-style Zinc-Lead-Silver-Gallium mineralization analogous to the Selwyn Basin.
- Key Discovery: B-9 Zone extended to over 1,200 meters strike length with high-grade intercepts including 20.1% Zn and 27.1 g/t Ag.
- Status: Exploration stage; no formal reserves or resources disclosed yet.
More from InZinc Mining Ltd.
Jul 09, 2026 · 09:01