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Inomin Expands Beaver-Lynx Critical Minerals Project Scoping Test Work Underway

Metallurgy & Processing

Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6

www.inominmines.com

NEWS RELEASE

Inomin Expands Beaver-Lynx Critical Minerals Project

Scoping Test Work Underway

Vancouver, British Columbia, November 28, 2022 – Inomin Mines Inc. (TSX.V: MINE), (“Inomin”, “MINE” or

the “Company”) reports it has staked 1,516 hectares of mineral claims to enlarge the Company ’s Beaver -Lynx

critical minerals proje ct to 22,436 hectares . The new claims were acquired to cover prospective magnetic targets

identified by airborne surveys.

John Gomez, President of MINE comments, “Our significant discovery at Beaver confirmed that magnetic targets,

identified by ground and airborne surveys, are associated with rich mineralization hosting high-grade magnesium as

well as nickel, chromium, and cobalt. When prospective ground became available, we jumped on the opportunity to

expand our exploration footprint.”

Major Discovery

Inomin's inaugural drilling program at Beaver generated a major discovery of high-grade magnesium and other critical

minerals including nickel, chromium, and cobalt.

Drill-hole B21-02 intersected 252.1 metres (827 feet) grading 20.6% magnesium with nickel, chromium, and cobalt.

B21-02 is the longest mineralized hole ever drilled at Beaver, and the first -ever drilling in the Spur zone, one of four

mineralized zones on the eastern side of the property covering a 7-kilometre-long strike length.

The Company’s drill discovery found substantial near-surface mineralization in all drill holes. Furthermore, all holes

ended in mineralization leaving the discoveries open to extension at depth.

The 13,610-hectare Lynx area is geologically similar to Beaver with even larger mineral targets as defined by

magnetics data.

Scoping Tests

Drill core samples from Inomin’s Beaver discovery are undergoing metallurgical testing to determine recovery of

magnesium. The results of the scoping tests will provide important information about how much magnesium can be

recovered using conven tional metal processing, and assi st the Co mpany plan next steps for the project.

The metallurgical program is being conducted by an industry-leading testing company.

Carbon Capture

Based on positive test results received from the University of British Columbia ’s Carbon Mineralization Lab (see

Inomin’s June 27, 2022 news release ), the Company has had further discussions with UBC spin-out Carbin Minerals

Inc. about completing further stu dies to assess Beaver ’s pot ential for carbon capture and storage . An objective o f

carbon sequestration is to redu ce carbon dioxide emissions at mining and other industrial operations. Carbon

mineralization also has the potential to lower mining operating costs and tap carbon credit markets.

About Beaver-Lynx

The Beaver-Lynx property is ideally located in south-central British Columbia, 50 kilometres from the town of Williams

Lake and just 15 -kilometres east of the Gibraltar mine, one of the largest open-pit copper mines in Canada. Beaver-

Lynx is easily accessible by paved roads with nearby hydro-electric power. The Company owns a 100% interest in

the project with no royalties. Given positive drilling and carbon capture test results, as well as district-scale size, the

Beaver-Lynx project has the potential to be a leading source of high-grade, green magnesium and other critical

minerals. For further information visit Inomin’s website www.inominmines.com.

Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6

www.inominmines.com

Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6

www.inominmines.com

Inomin Mines Director, L. John Peters , P.Geo., a qualified person as defined by NI43 -101, 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 the 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. 604.566.8703

[email protected]

Forward Looking Statements:

This news release contains certain statements t hat may be deemed “forward -looking statements”. Forward looking statements are

statements that are not historical fact s and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”,

“believes”, “intends”, “estimates”, “proje cts”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”,

“could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based

on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ

materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of

the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no

obligation to update these forw ard-looking statements in the event that management’s beliefs, estimates or opinions, or other

factors, should change.

Neither TSX Ventur e Ex change 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.