Northwire Canada EditionFriday, October 30, 2026
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Gold 4,033.10 +0.0% Silver 52.06 −0.3% Copper 6.58 −0.2% Oil 102.80 +0.8% Palladium 1,002.00 +0.3% ONAU 0.530 −1.9% WMS 0.075 +0.0% CAD 2.34 −2.5% NGEX 21.53 −1.3% CG 28.52 −3.7% PPX 0.220 −8.3% CS 11.77 −2.1% EMO 0.295 +0.0% IPT 0.225 +0.0% TECK 89.22 +1.3% SLG 5.95 +0.8% FT 0.095 +2.7% SGQ 0.330 +6.5% AUAU 0.440 +6.0% FVL 0.830 −2.4% AYA 34.15 −3.3% Gold 4,033.10 +0.0% Silver 52.06 −0.3% Copper 6.58 −0.2% Oil 102.80 +0.8% Palladium 1,002.00 +0.3% ONAU 0.530 −1.9% WMS 0.075 +0.0% CAD 2.34 −2.5% NGEX 21.53 −1.3% CG 28.52 −3.7% PPX 0.220 −8.3% CS 11.77 −2.1% EMO 0.295 +0.0% IPT 0.225 +0.0% TECK 89.22 +1.3% SLG 5.95 +0.8% FT 0.095 +2.7% SGQ 0.330 +6.5% AUAU 0.440 +6.0% FVL 0.830 −2.4% AYA 34.15 −3.3%
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

By The Northwire Desk — AI Analysis May 12, 2026 · 09:01 IZN · 0.06 InZinc Mining Ltd.
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 →

More from InZinc Mining Ltd.

Jul 29, 2026 · 11:04

InZinc’s 15m @ 7% Zn, 3.2% Pb, 17.5 g/t Ag at B-9 Apex confirms open-pit potential.

Drill Results Jul 09, 2026 · 09:01

InZinc completes its Indy SEDEX drill program, with high-grade B-9 Apex expansion results expected in the coming weeks.

Drill Results May 12, 2026 · 21:14

Inzinc begins 2026 drilling at Indy

Drill Results Apr 20, 2026 · 09:36

Inzinc Mining Secures Funding for Indy Drilling as CEO Increases Stake

M&A / Property Apr 20, 2026 · 09:27

Inzinc Mining Secures Funding for Drilling Program as CEO Bets on Upside

Financings Apr 20, 2026 · 08:31

Inzinc Mining Closes Financing as CEO Doubles Down on High-Grade Indy Project

Financings