IZN News 2019-04 1.604.687.7211
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IZN News 2019-04
1.604.687.7211
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
June 3, 2019 News Release 2019-04
InZinc Announces Expanded Exploration Program at Indy Project, BC
Vancouver, BC – InZinc Mining Ltd. (TSX -V: IZN) (the “ Company”) a nnounces an expanded 2019 exploration
program at the Indy zinc project (100% option) located 100km southeast of Prince George in central British Columbia.
Near-surface, Sedex-type mineralization was discovered by initial drilling at soil geochemical Anomaly B in the summer
of 2018 and an additional zinc-in-soil geochemical anomaly was acquired by staking in Q3 2018 . To date, four large
soil geochemical anomalies with an aggregate length of 4.0 km occur on the property and remain to be drill tested.
The 2019 exploration program will include extensive soil geochemical programs, commencing in mid-June, to expand,
define and prioritize these targets for drilling. Up to 1,000 soil samples will be collected and analyzed from the following
areas:
Geochemical
Anomaly
Length
(strike)
Anomaly B 1.5km
Anomaly C 700m - open
Anomaly D 1.0km - open
Action 800m - open
With a large claim position (2 5km strike), new discoveries of shallow mineralization and extensive geochemical
anomalies remaining to be tested, the Indy project provides multiple opportunities for new discoveries of a sedimentary
hosted exhalative (Sedex) type deposit in an accessible and unexplored region of central British Columbia.
2018 Drill Program Identified New Zone of Near Surface Mineralization
The 2018 drill program, the Company’s first drill program at Indy, discovered shallow Sedex-style mineralization at the
new B-9 zone at Anomaly B, including high -grade massive sulphide mineralization in holes IB18-009 and IB18 -003
which are 250m apart and remain open for further exploration (see News Release NR18-07 and NR18-06):
Hole IB18-009
• 12.33% Zn, 2.98% Pb, and 24.46 g/t Ag (14.98% ZnEq) over 6.29m at 60m below surface
Hole IB18-003 (low core recovery)
• 9.26% Zn, 2.43% Pb and 17.98 g/t Ag (11.38% ZnEq) over 3.05m at 23m below surface
Hole IB18-008
• 5.76% Zn, 0.48% Pb and 3.41 g/t Ag (6.18% ZnEq) over 6.73m at 56m below surface
Note: Drilled intersections are apparent widths only. ZnEq calculation: metallurgical studies have not been completed and assumes 100%
metallurgical recovery using Zn prices at $1.10/lb., Pb at $.80/lb. and Ag at $15/oz – all $US.
Grant of Stock Options
InZinc announces the grant of incentive stock options to certain directors, officers and consultants to purchase a total
of 2,350,000 common shares of the Company for a period of three (3) years at an exercise price of $0.05 per share
effective May 31, 2019. These stock options will vest over the next 12 months.
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IZN News 2019-04
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 forecasted 1.6 billion pounds of zinc production over 15 years. Byproducts
would include copper, magnetite and indium, the latter being identified by the United States in 2017 as a critical mineral.
West Desert is well located with easy access and existing infrastructure. The Indy project comprises near surface
discoveries, large untested exploration targets and regional discovery potential. Indy is readily accessible by road from
Prince George, the major hub for transportation and heavy industry in central British Columbia and is located 85km
south of the Canadian National Railway.
InZinc Mining Ltd.
Wayne Hubert
_____________________________
Chief Executive Officer For further information contact:
Phone: 604.687.7211 Joyce Musial
Website: www.inzincmining.com Vice President, Corporate Affairs
Phone: 604.317.2728
Email: [email protected]
Qualified Person
Brian McGrath, B.Sc., P.Geo. a Qualified Person as defined in NI43-101, has approved the technical content of this news release.
Quality Assurance/Quality Control
Drill core was collected from the drill site and delivered to the Indy Camp by InZinc staff. The core was logged, sample intervals
were outlined and photographic records were collected. Core samples were split using a diamond saw at the camp with one-half of
the core submitted for assay and the other half stored in wooden core boxes on site. The sawn core was bagged in individually
marked plastic sample bags and shipments were compiled in labelled rice bags. Core shipments were delivered by InZinc contract
geologists to Bandstra Transportation Systems Ltd. in Prince George, B.C. for furtherance to MS Analytical Services in Langley,
B.C., Canada for analysis. Samples were prepared by MS Analytical and analyzed by ICP-AES and ICP-AES/MS. In addition to the
labs QA/QC procedures, InZinc inserted a standard, blank or field duplicate every tenth sample. The results from the QA/QC samples
were within industry norms.
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, po stulate
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, 2018 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.