Inomin Starts Beaver Nickel-Cobalt Exploration Program Ground Survey Covering 6-Km Long Target Area Underway
Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6
www.inominmines.com
NEWS RELEASE
Inomin Starts Beaver Nickel-Cobalt Exploration Program
Ground Survey Covering 6-Km Long Target Area Underway
Vancouver, British Columbia, May 18, 2021 – Inomin Mines Inc. (TSX.V: MINE) reports a 115 line-kilometre (km)
ground magnetic survey is underway at the company’s Beaver sulphide nickel project in south -central British
Columbia. The survey is designed to delineate drill targets in magnetite hosted nickel mineralization . The survey will
encompass 570 hectares in the North Lobe and Spur zones situated on the south-eastern side of the property.
Collectively these zones are approximately 6 km long , as defined by airborne magnetic surveys (see survey area
map). Scott Geophysics Ltd. of Vancouver, BC is completing the survey.
An airborne EM survey will also be tested on the property to ascertain its viability for defining higher concentrations of
nickel mineralization. Should it prove effective, a larger program will be conducted. The results of the geophysical
surveys will be used to prioritize targets for drilling later in 2021.
John Gomez , President & CEO of Inomin Mines , says, “The ground magnetic program complements the airborne
surveys that have identified several large zones of magnetite hosted nickel mineralization. The new data from the
ground survey will assist us to prioritize drill targets. The initial EM test survey may help us source nickel in non -
magnetic areas as well as higher grading areas; if so, this would be a real game-changer.”
Inomin’s 100% owned Beaver -Lynx nickel project consists of the Beaver and Lynx properties totaling approximately
20,000 hectares, located 15 – 25 kilometres east and southeast respectively of Taseko Mines Ltd.'s Gibraltar Mine in
British Co lumbia’s Cariboo Mining Division. Initial exploration and metallurgical studies at Beaver, including
geophysical surveys and diamond drilling programs during 2013 – 2014, demonstrated the property’s potential to host
large areas of near-surface, disseminated nickel and cobalt, amenable to conventional extraction methods.
Previous magnetics surveys have proven very effective at delineating magnetite -serpentinite rocks hosting nickel -
cobalt mineralization. At Beaver, airborne and ground magnetic surveys have identified four magnetite -serpentinite
zones with a cumulative strike length o f approximately 10 kilometres. Historic drilling at these zones intersected
strongly magnetic shallow-dipping serpentinites hosting nickel mineralization in sulphide form.
Given the positive drill results related to areas of significant magnetite -rich serpentinite rocks, Beaver displays
potential to host multiple zones of large, disseminated, sulphide nickel. Cobalt occurs with nickel mineralization
ranging from 0.009% to 0.012 % cobalt. The less explored Lynx property (no drilling to date) is geologically similar to
Beaver with larger-bearing potential nickel zones as defined by geophysics. Lynx also hosts the highest nickel stream
and lake sediment nickel anomalies in the region.
In 2015, SGS Canada Inc. completed a QEMSCAN (Quantitative Evaluation of Minerals by Scanning Electron
Microscopy) metallurgical study on a sample from drill core demonstrating that 91% of the nickel is present in a
recoverable form. Of the 91% recoverable nickel, 48% is Heazlewoodite, 42% Pentlandite, and 1% forms the nickel
alloy awaruite.
The Beaver and Lynx properties are relatively flat and easily accessible via all -season roads as well as a network of
forestry roads providing access to most of the p roperties. Other important nearby infrastructure includes electricity
and railroad. Skilled workers, contractors, and supplie rs are available locally from the city of Williams Lake situated
about 20 kilometres south of Lynx.
A 2020 National Instr ument 43-101 technical report on the Beaver and Lynx sulphide nickel project – available on
Inomin’s website www.inominmines.com – notes that the Beaver property hosts large volumes of low -grading nickel
and cobalt mineralization amendable to conventional floatation extraction techniques.
Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6
www.inominmines.com
Beaver Property 2021 Geophysical Program
Above: Map of south-eastern region of Beaver property with magnetite zones hosting nickel and cobalt mineralization
in white and magenta.
Inomin Mines Director, L. John Peters P.Geo, a qualified person as defined by NI 43 -101, has reviewed and
approved the technical information in this news release.
Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6
www.inominmines.com
About Inomin Mines
Inomin Mines is engaged in the identification, acqui sition and exploration of mineral properties, especially gold , silver
and nickel projects that display strong potential to host significant mineral resources. Inomin holds the La Gitana and
Pena Blanca gold-silver properties in Mexico. The company owns a 1 00% interest in the Beaver-Lynx sulphide nickel
project in south-central British Columbia, and the Fleetwood zinc -copper-gold-silver VMS project in south-west British
Columbia. Inomin also owns 100% of the King’s Point gold -copper-zinc project in Newfoundl and under option to
Maritime Resources Corp. (TSX.V MAE). 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
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conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in suc h
forward-looking statements are based on reasonable assumptions, such statements are not guarantees o f future performance and
actual results or realities may differ materially from those in forward looking statements. Forward looking statements are ba sed 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 forward -looking statements in the event that management’s beliefs,
estimates or opinions, or other factors, should change.
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Exchange) accepts responsibility for the adequacy or accuracy of this release.