Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

MINE.V ·

Inomin Drilling Confirms District -Scale Potential of Beaver-Lynx Polymetallic Project

Exploration Programs

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

www.inominmines.com

NEWS RELEASE

Inomin Drilling Confirms District -Scale Potential

of Beaver-Lynx Polymetallic Project

Vancouver, British Columbia, January 19, 2026 – Inomin Mines Inc. (TSX.V: MINE)(“Inomin”

or the “Company”) announces the latest and complete results from diamond drilling program at

the 28,000 hectare Beaver-Lynx project in south-central, British Columbia , demonstrating the

district‑scale potential of the property. The 2025 drilling program focused on the South and North

zones, and was completed in collaboration with Sumitomo Metal Mining Canada Ltd.

(“Sumitomo”).

Key Highlights

• All 13 drill holes in the South and North zones intersected significant serpentinized

mineralization including nickel (Ni) and magnesium (Mg)

• Drilling confirms a ~500,000 m² mineralized footprint at the Beaver South zone

• North Zone drilling confirms additional mineralization extending along a 7‑km trend

A Growing, Multi‑Metal Discovery

The latest drilling results (holes B25 -11, 12, 13) continue to outline broad intervals of

nickel‑cobalt‑magnesium mineralization across a large area, reinforcing Beaver‑Lynx as a major

new critical minerals system. Latest analytical results also include analyses for platinum (Pt)

and palladium (Pd), elements generally associated with ultramafic deposits. PGMs were

encountered in both the South and North zones and are expected to be present across other

drill‑defined mineralized areas.

South Zone

Drill Hole B25‑11:

145.2 m grading 0.19% Ni,0.011% Co, 0.40% Cr, 0.012g/t Pt, 0.012g/t Pd, 23.07% Mg

Drill Hole B25‑12:

116.3 m grading 0.20% Ni, 0.011% Co, 0.35% Cr, 0.010g/t Pt, 0.009g/t Pd, 22.93% Mg,

• Located ~1,000 m from B25‑11, confirming extensive length of mineralized area.

North Zone

Drill Hole B25‑13:

102.1 m grading 0.17% Ni, 0.010% Co, 0.29% Cr, 0.011g/t Pt, 0.011 g/t Pd, 20.38% Mg

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

www.inominmines.com

2025 Beaver-Lynx Drilling Program

The 2025 drilling program at Beaver ‑Lynx consisted of thirteen diamond drill holes totaling

3,361.8 meters (m). Drilling was carried out using HQ ‑sized core to manage the challenging

ground conditions, with NQ downsizing often required at depth where maintaining hole stability

became difficult.

In the South zone, twelve holes were completed on approximately 200‑meter centers. This

drilling was designed to evaluate the continuity of mineralization previously outlined by

earlier programs.

A single hole was drilled in the North zone to test a new high ‑priority target aimed at expanding

the zone’s discovery footprint. This hole successfully intersected significant mineralization

associated with strong magnetic features that extend for more than 7 kilometers along strike,

further demonstrating the scale of the system.

All holes were oriented to intersect mineralization as perpendicular as possible. A Reflex

instrument was used to measure for azimuth and dip deviations, however, dip readings were

found to be unreliable due the high concentrations of magnetite in the rock s. Collar information

for all drillholes is itemized in the following table.

Hole *Easting *Northing Elevation Azimuth Dip Depth (m) Target Area

B25-01 568133 5818599 1020 0 -80 209.5 South

B25-02 567791 5818530 1017 0 -80 196.0 South

B25-03 568189 5818432 1025 0 -80 256.3 South

B25-04 568072 5818329 1026 0 -80 273.0 South

B25-05 568338 5818322 1030 0 -80 264.0 South

B25-06 567919 5818738 1015 0 -80 231.0 South

B25-07 568094 5818825 1030 0 -80 183.0 South

B25-08 567669 5818348 1006 0 -85 276.0 South

B25-09 567870 5818350 1030 0 -70 234.0 South

B25-10 567783 5818227 1005 0 -80 282.0 South

B25-11 567595 5818206 1003 0 -75 321.0 South

B25-12 568502 5818397 1022 0 -80 306.0 South

B25-13 568272 5821699 1026 0 -90 330.0 North

Table 1: Drill Collar Information

(*Note: All coordinates in UTM Nad83Z10)

A plan map illustrating the drill collar locations in relation to the magnetics in the rocks in the South

zone is located in Figure 1.

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

www.inominmines.com

Figure 1: Beaver South zone illustrating location of 2025 and past drill holes.

Drill core samples were analyzed by Activation Laboratories Ltd (“Actlabs”) for a 22-element suite

utilizing their 8 -Peroxide (Total) Fusion, ICP -OES (FUS-Na202). Samples were also analyzed

using Actlabs’ fire assay with an MS finish (FA-MS) for platinum, palladium and gold.

The resulting grade for nickel includes both silicate and sulphide components of nickel. A

secondary partial digestion technique has been developed in-house by Actlabs for Inomin to

ascertain the sulphide nickel fraction only and will be utilized on all samples containing > 0.1%

nickel values and will be reported on when complete.

Actlabs, located in Kamloops, BC, is ISO 17025-accredited. The relationship between Inomin and

Actlabs is strictly arms-length, limited to the laboratory’s commercial supply of analytical services.

QAQC protocols were followed, including the introduction o f field blanks , standards, and

duplicates, custody of the core, and normal QAQC laboratory protocols. Drillcore was split using

a conventional manual core splitter and power saw with a representative fraction sent to the

laboratory and the remainder cached on site.

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

www.inominmines.com

Table 2 itemizes weight averaged analytical summaries for each hole. Samples were generally

taken at 3 m intervals throughout the entire program.

Hole From

(m)

To

(m)

Interval

(m)

True

Thickness

(m)

Ni % Cr % Co % Pt g/t Pd g/t Mg % Zone

B25-01 30.00 191.50 161.50 152.5 0.19 0.36 0.011 0.016 0.018 22.73

incl 38.50 80.50 42.00 39.7 0.22 0.30 0.011 0.009 0.010 23.58 South

incl 122.50 149.50 27.00 25.2 0.20 0.37 0.011 0.016 0.014 23.12

B25-02 63.00 186.00 123.00 116.9 0.19 0.42 0.014 0.015 0.018 23.91

incl 96.00 114.00 18.00 17.1 0.20 0.31 0.011 0.015 0.016 23.28 South

incl 141.00 171.00 30.00 28.5 0.21 0.31 0.012 0.011 0.010 24.39

B25-03 99.00 247.10 148.10 139.0 0.20 0.38 0.011 0.014 0.014 21.43

incl 105.00 135.00 30.00 28.2 0.21 0.33 0.012 0.012 0.010 22.19 South

incl 162.00 231.86 69.86 65.6 0.21 0.35 0.012 0.010 0.009 20.31

B25-04 144.00 267.00 123.00 114.0 0.18 0.45 0.012 0.017 0.021 23.12 South

incl 147.00 177.00 30.00 27.8 0.23 0.37 0.012 0.011 0.011 24.22

B25-05 126.00 264.50 138.50 131.4 0.16 0.31 0.010 0.009 0.010 20.19 South

incl 171.00 264.50 93.50 88.7 0.20 0.39 0.012 0.012 0.013 23.84

B25-06 18.00 222.00 204.00 193.8 0.20 0.35 0.011 0.011 0.011 23.83

incl 18.00 63.00 45.00 42.7 0.21 0.33 0.011 0.009 0.007 22.61 South

incl 78.00 192.00 114.00 108.3 0.21 0.34 0.011 0.010 0.009 24.39

B25-07 34.50 150.00 115.50 109.8 0.20 0.40 0.012 0.013 0.014 23.81 South

B25-08 66.00 270.00 204.00 193.8 0.16 0.28 0.009 0.009 0.010 19.57 South

incl 135.00 251.15 116.15 110.4 0.18 0.37 0.011 0.013 0.014 23.46

B25-09 114.00 216.00 102.00 96.7 0.17 0.36 0.011 0.017 0.023 22.13 South

B25-10 153.00 282.00 129.00 122.8 0.18 0.39 0.011 0.014 0.016 23.12 South

B25-11 96.00 114.00 18.00 15.5 0.20 0.26 0.010 0.008 0.005 20.55

and 172.80 318.00 145.20 125.3 0.19 0.40 0.011 0.012 0.012 23.07 South

incl 172.80 258.00 85.20 73.5 0.21 0.47 0.012 0.011 0.009 23.84

B25-12 183.00 299.30 116.30 109.1 0.20 0.35 0.011 0.010 0.009 22.93 South

B25-13 93.00 195.10 102.10 - 0.17 0.29 0.010 0.011 0.011 20.38

and 219.00 310.05 91.05 - 0.17 0.32 0.011 0.010 0.009 21.59 North

incl 255.00 283.05 28.05 - 0.20 0.32 0.011 0.008 0.007 23.94

Table 2: Analytical Results

True thicknesses were calculated where density of drilling allowed. True thicknesses were

measured directly from cross -sections, deviations to orthogonal calculated where density of

drilling allowed. Often, continuity of mineralization was extrapolated by 3 -d inversions of the

magnetic distribution in the rocks. Given the density of drilling at 200 metres, the true thickness

determination is only an approximation intended to reflect likely or comparable thicknesses of

mineralization at each of the drillhole locations. The differences between the estimation of the true

thickness and reported downhole intervals were found to average 94% of drill core lengths , and

this will be re-evaluated during any resource estimation.

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

www.inominmines.com

Drill hole B25-13 was drilled in a previously untested area of the North zone, a ~7 km long linear

trend of magnetics located approximately 3 km to the north of the South zone.

Although most drillholes tested the entire serpentinized body, holes B25-05 and B25-10 were lost

due to ground conditions and were unable to intersect with the footwall zone.

A Large, Near-Surface System Open to Expansion

Drilling in the South zone continues to demonstrate consistent mineralization over substantial

thicknesses. To date drilling in the South zone has tested a surface area of approximately 500,000

m² (50 hectares). A north-south trending geological cross-section was created across the South

zone (Figure 2). The section illustrates the ~200 m thick serpentinized body occurring as a near

surface sill-like feature. The feature changes from flat lying to a steeply plunging body to the south.

The system remains open for expansion in all directions, however, magnetics suggest deeper

targeting will be required.

Figure 2: Cross section of drilling at Beaver South zone. Mineralization is hosted entirely in

serpentinite.

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

www.inominmines.com

John Gomez, President of Inomin comments, “Our 2025 drilling program significantly expanded

the mineralized footprint of the South Zone, confirming the existence of a large, polymetallic

system. The identification of platinum and palladium associated with the other metals encountered

to date at Beaver‑Lynx marks a meaningful new development. Although low-grading, PGMs are

consistent and could be a significant contribution to production value. With an exceptional drilling

success rate approaching 100%, we look forward to the next drilling program.”

Figure 3: Airborne magnetics surveys and drilling programs have identified multiple mineral zones

at Beaver property.

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

www.inominmines.com

Collaboration with Sumitomo

The 2025 Beaver-Lynx exploration program was undertaken in collaboration with Sumitomo that

funded the program. Sumitomo can earn an interest in the project through an earn -in and joint

venture agreement with the Company. Inomin is the operator of the Beaver-Lynx project.

About Beaver‑Lynx

The 28,000‑hectare Beaver ‑Lynx property is located in south ‑central British Columbia,

approximately 50 kilometres north of Williams Lake and adjacent to the Gibraltar mine,

Canada’s second ‑largest open ‑pit copper operation. The project benefit s from excellent

infrastructure including all‑season road access, nearby hydro‑electric power, and proximity

to active rail lines. The surrounding resource communities offer comprehensive services and a

skilled work force.

Figure 4: Google Earth satellite image of 28,000 -hectare Beaver-Lynx property between Gibraltar and Mount

Polley mines, two of the largest mining operations in British Columbia. Beaver is the northern property area

connected to southern Lynx block.

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

www.inominmines.com

Exploration to date – including multiple drilling campaigns – indicates the property may host large

volumes of nickel and magnesium , along with cobalt, platinum, and palladium. Drilling has

also intersected chromium, copper, silver, and gold, further highlighting the polymetallic nature

of the system. With encouraging drilling results and several extensive mineralized zones already

identified, Beaver ‑Lynx has the potential to emerge as a significant new source of critical

minerals.

The South and North zones represent two of several extensive mineralized areas outlined

through drilling and magnetic surveys across the Beaver block. Ten kilometres to the south, the

adjoining Lynx block hosts multiple targets that are comparable – and in some cases potentially

larger – than those at Beaver. Together, these zones underscore the district‑scale potential of

the Beaver‑Lynx project.

For more information about Beaver‑Lynx, please visit www.inominmines.com.

About Inomin Mines

Inomin Mines is engaged in the identification, acquisition, and exploration of mineral properties

with strong potential to host significant resources. The Company trades on the TSX Venture

Exchange with the symbol MINE. For more information, please visit 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.

On behalf of the board of Inomin Mines:

Inomin Mines Inc.

Per: “John Gomez”

President and CEO

For more information contact:

John Gomez

[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.