Northwire Canada EditionFriday, October 30, 2026
Northwire
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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 begins 2026 drilling at Indy

Executive Summary
  • Inzinc Mining Ltd. has officially commenced its 2026 diamond drilling program at the Indy SEDEX project in Central British Columbia as of May 12, 2026.
  • The program consists of up to seven planned drill holes totaling approximately 1,500 meters.
  • Primary focus is on expanding the high-grade B-9 Apex zone and testing strike extensions up to 350m.
  • Secondary targets include untested soil geochemical and electromagnetic signatures extending 1,200m northwest of the B-9 Apex zone.
  • The company also announced a stock option grant of 1.6 million common shares at an exercise price of $0.08 per share, vesting over 12 months.
  • Historical high-grade intercepts from previous drilling (B-9 Apex and Discovery zones) are cited to provide context for the new program.
Material Impact
  • The commencement of drilling is a direct execution of the financing plan announced in March and April 2026, where $1.047 million was raised specifically to fund this program.
  • As the funding and drilling schedule were already disclosed prior to this announcement, the market has likely priced in this activity; therefore, the news lacks immediate surprise factor.
  • The stock option grant is a standard administrative compensation event and does not materially alter the capital structure or valuation significantly given the small cap size.
  • Insider buying by CEO Wayne Hubert (5 million units at $0.05) occurred in April 2026, which provided significant confidence earlier; this May news confirms management follows through on their commitments.
  • No new grade data is released with this announcement, only the start of work, limiting immediate upside potential compared to discovery announcements.
IZN · Price
Company Overview
  • Inzinc Mining Ltd. is an exploration company focused on the Indy SEDEX project in Central British Columbia.
  • The project targets Zinc, Lead, Silver, and Gallium mineralization within a 100%-owned tenure covering approximately 200 km².
  • Infrastructure access includes road, rail (85km to CNR), power, port, and smelter proximity, reducing development risk compared to remote projects.
  • The B-9 zone has been extended to over 1,000 meters of strike length with high-grade intercepts including 20.1% Zn over 3.2m.
  • Management team collectively owns approximately 28% on a fully diluted basis, aligning interests with shareholders.
Read the original news release →

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