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MINE.V ·

Inomin Completes Followup Drilling at Beaver-Lynx Critical Minerals Discovery

Exploration Programs

Inomin Mines Inc. 700 West Georgia Street, Suite 2200, Vancouver, BC Canada V7Y 1K8

www.inominmines.com

NEWS RELEASE

Inomin Completes Followup Drilling at Beaver-Lynx Critical

Minerals Discovery

Vancouver, British Columbia, July 12, 2023 – Inomin Mines Inc. (TSX.V: MINE) (“Inomin” or the “ Company”) is

pleased to announce drilling is completed at the Beaver -Lynx property located between the Gibraltar and Mount

Polley mines in the Cariboo region of south-central British Columbia.

Recent drilling at the Beaver property , consisting of 4 holes totalling 968 m etres, targeted the South and Ring zones

located approximately 6 kilometres (km) and 4.5 km south respectively of Inomin’s drilling discovery in the Spur zone

(hole B21 -02) that intersected 252.1 metres grading 20.6% magnesium, 0.16% nickel, and 0.33% chromium (see

March 29, 2022 news release).

The objective of the drilling program was to test for significant intervals containing magnesium and nickel -cobalt-

chromium mineralization outside of previously tested areas to aid in determining size potential of the deposits.

Inomin president John Gomez, says, " Our latest drilling tested targets located among the most southern areas of the

Beaver property. Positive assay results from the Ring zone would confirm a major mineralized area , and a discovery

at the South zone would increase Beaver’s mineral footprint to 6 kilometres in length.’’

Drilling core samples have been sent for analysis and results are pending.

Further information about the Beaver-Lynx critical minerals project is available at Inomin’s website :

www.inominmines.com.

Inomin Mines Director, L. John Peters, P.Geo., a qualified person as defined by National Instrument 43 -101 –

Standards of Disclosure for Mineral Projects , has reviewed and approved the technical information in this news

release.

About Inomin Mines

Inomin Mines is focused on the identification, acquisition, and exploration of mineral properties with strong potential to

host significant resources, especially critical minerals, as well as gold and silver projects. Inomin trades on t he TSX

Venture Exchange under the symbol MINE. For more information visit www.inominmines.com and follow us on

Twitter @InominMines.

On behalf of the board of Inomin Mines:

Inomin Mines Inc.

Per: “John Gomez”

President and CEO

For more information please contact:

John Gomez

Tel. 604-643-1280

[email protected]

Neither 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.