Independently, and in late 2021, a Canadian subsidiary of South32 (ASX, LSE, JSE), acquired by staking 20,300 ha (203 km2) of mineral claims adjoining and on trend to the northwest of the Indy Sedex project. South32 is a globally diversified mining and metals company producing bauxite, alumina, aluminum, metallurgical coal, manganese, nickel, silver, lead and zinc in
New Mineral Claims Acquired
InZinc recently acquired, by staking, an additional 6 contiguous mineral claims (7,600 ha) at the Indy project. These recently acquired claims include selective coverage of results from grassroots efforts by Noranda Exploration between 1987 and 1990. The total mineral claims comprising the Indy project have increased by approximately 75% since
2022 Exploration Planning Underway
In 2018, near surface, high-grade Sedex-type zinc mineralization was discovered by soil geochemistry and follow-up diamond drilling at Indy. Since discovery, InZinc has outlined an additional 8.2 km of base and precious metal drill targets on the Indy claim package which remain to be tested.
Additional soil geochemical results from the 2021 exploration program are pending review. InZinc has commenced planning for a multi-disciplinary exploration program at Indy in 2022. Details of this program, which includes proposed drilling, are expected at the beginning of Q2-2022.
About InZinc
InZinc is well financed and focused on growth through exploration and advancement of its direct and equity interest in multiple North American base metals projects. The road accessible Indy project (100% earn-in), located in central
Contact:
Tel: 604.687.7211
Web: www.inzincmining.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, 'forward-looking statements') within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking information includes, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as the successful completion of American West's Initial Public Offering on the
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