Northwire Canada EditionWednesday, November 11, 2026
Northwire
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Inomin Mines, Sumitomo plan Beaver-Lynx exploration

MINE · Price

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
Read the original news release →

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