Inomin Mines Inc. reported the company has acquired 2,836 hectares through staking to expand its Beaver-Lynx critical minerals project (magnesium-nickel-chromium-cobalt) property to 25,292 hectares. The larger area acquired, called the West Zone, is 1,927 hectares, and is adjacent to Taseko's Gibraltar copper-molybdenum mine property, the second larger open-pit copper mine in Canada. The West Zone was acquired to cover a prominent
3.5 km x 3.5 km airborne magnetic target. This new area is the larger exploration target at Beaver about three times the size of the South Zone ­ where Inomin made a magnesium-nickel-chromium discovery last summer. Inomin considers the West Zone to be an important exploration target as every magnetic target at Beaver drilled to date has discovered near- surface magnesium and nickel mineralization, as well as other minerals including chromium and cobalt. A 177-hectare area at the southern end of Beaver property was acquired to access a water source for drilling. Like the West Zone, a 731-hectare new claim at Lynx covers two discrete anomalous airborne magnetic targets on the outside rim of a 10-km wide caldera, ring-shape structure.
The Beaver-Lynx property, comprising approximately 25,000 hectares, is ideally located in south-central British Columbia, 50 kilometres from the city of Williams Lake and just 8 kilometres east of the Gibraltar mine, a large, open- pit, mining operation grading approximately 0.27% copper equivalent. Beaver-Lynx is easily accessible by good all- season roads, and is close to hydro-electric power, as well as active railway lines. Inomin owns a 100%
interest in the project with no encumbrances. Drilling programs at Beaver have delineated six large zones containing high-grade magnesium and other critical minerals, primarily sulphide nickel, as well as chromium, and cobalt. Numerous targets exist that have yet to be drill tested.