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IZN.V ·

IZN News 2017-8 1.604.687.7211

Financings

Page 1 of 2

IZN News 2017-8

1.604.687.7211

[email protected]

inzincmining.com

TSX-V: IZN

InZinc Mining Ltd.

912 – 1112 West Pender Street

P.O. Box 48268, Station Bentall Centre

Vancouver, BC Canada V7X 1A2

November 23, 2017 News Release 2017-8

INZINC ANNOUNCES $1 MILLION UPSIZING OF PRIVATE PLACEMENT

FOR UP TO $3 MILLION GROSS PROCEEDS

(all dollars in Canadian Dollars)

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE

SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

InZinc Mining Ltd. (TSXV: IZN) (the “Company”) is pleased to announce that the Company is increasing its previously

announced non-brokered private placement, from total gross proceeds of up to $2,000,000 to total gross proceeds of

up to $3,000,000 (the "Offering"). The Offering will now consist of up to 30,000,000 units (the “ Units”) at a price of

$0.10 per Unit for aggregate proceeds of up to $3.0 million. Each Unit will consist of one common share (a “Common

Share”) of the Company and one -half of one common share purchase warrant (a “ Warrant”). Each full Warrant will

entitle its holder to acquire one Common Share at an exercise price of $0.15 for a period of 24 months from completion

of the Financing.

The net proceeds from the Financing will be used for advancement of the Company’s exploration projects and for

general corporate purposes.

Closing of the Financing is expected to occur on or before December 7, 2017 and is subject to all regulatory approvals,

including the approval of the TSX Venture Exchange. The securities issued in connection with the Financing will be

subject to a four-month hold period from the date of closing in accordance with applicable securities legislation.

About InZinc

InZinc is focused on growth in zinc through exploration and expansion of the advanced stage West Desert project

(100%) in Utah and exploration of the early stage Indy project (100% option) in British Columbia. West Desert has a

large underground resource open for expansion and has district scale exploration potential. A West Desert preliminary

economic assessment completed in 2014 forecast ed 1.6 billion pounds of zinc production over 15 yea rs. I ndy

comprises both near surface exploration targets and regional discovery potential . Both zinc projects are well located

with easy access and existing infrastructure.

InZinc Mining Ltd.

"Wayne Hubert”

___________________

Wayne Hubert For further information contact:

CEO and Director Joyce Musial

Phone: 604.687.7211 Vice President, Corporate Affairs

Phone: 604.317.2728

Website: www.inzincmining.com Email: [email protected]

Page 2 of 2

IZN News 2017-8

1.604.687.7211

[email protected]

inzincmining.com

TSX-V: IZN

InZinc Mining Ltd.

912 – 1112 West Pender Street

P.O. Box 48268, Station Bentall Centre

Vancouver, BC Canada V7X 1A2

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 Canadian and US securities legislation. All statements, other than statements of historical fact,

included herein including, without limitation, statements regarding the Company’s next shareholder meeting. Although the Company

believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. F orward-

looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plan, design, postulate

and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investor s that any

forward-looking statements by the Company are not guarantees of future results, performance, or actions and that actual results

and actions may differ materially from those in forward -looking statements as a result of various factors, including, but not limited

to, those risks and uncertainties disclosed in the Company’s Management Discussion and Analysis for the year ended December

31, 2016 filed with certain securities commissions in Canada and other information released by the Company and file d with the

appropriate regulatory agencies. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and

readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.