Inomin Mines, Sumitomo plan Beaver-Lynx exploration

Executive Summary

• Inomin Mines Inc. and Sumitomo Metal Mining Canada Ltd. are preparing the next exploration program at the 28,000-hectare Beaver-Lynx polymetallic project in south-central British Columbia.
• The upcoming program aims to expand the known South zone discovery and conduct the first-ever drilling at the Lynx block, targeting new mineralized zones identified by magnetic surveys.
• The project is located adjacent to the Gibraltar mine and hosts significant volumes of critical minerals including nickel, magnesium, cobalt, platinum, and palladium.

Key Details

• Parties Involved: Inomin Mines Inc. and Sumitomo Metal Mining Canada Ltd.
• Project Location: Beaver-Lynx polymetallic project, south-central British Columbia, approximately 50 kilometres north of Williams Lake.
• Project Size: 28,000 hectares.
• Strategic Context: The project is adjacent to the Gibraltar mine, Canada's second-largest open-pit copper operation, benefiting from excellent infrastructure including all-season road access, nearby hydroelectric power, and proximity to active rail lines.
• Previous Results: The next program builds on strong 2025 drill results that expanded the South zone and confirmed a large nickel-magnesium-cobalt-PGE system.
• Upcoming Program Scope:
  • Continue expanding the South zone discovery.
  • Launch the first-ever drilling at the Lynx block.
  • Test several new targets at the Lynx block defined by magnetic surveys, which appear as large or larger than already drilled targets.
• Mineralization: Drilling suggests significant volumes of critical minerals including nickel, magnesium, cobalt, platinum, and palladium. Previous drilling has also intersected chromium, copper, silver, and gold.
• Timeline: More details on the 2026 program will be released once finalized.

Notable Quotes

• "Last year's drilling confirmed we're dealing with a large, growing mineral system. Our next program aims to build on that momentum and test several new targets at the Lynx block that could be as significant as the South zone." — John Gomez, President of Inomin