Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

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.
Read the original news release →

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