Inomin Starts Drilling at Beaver-Lynx Nickel-Cobalt Property Drilling to Test for Nickel-Cobalt Over Large 6-Km Long Area
Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6
www.inominmines.com
NEWS RELEASE
Inomin Starts Drilling at Beaver-Lynx Nickel-Cobalt Property
Drilling to Test for Nickel-Cobalt Over Large 6-Km Long Area
Vancouver, British Columbia, October 6 , 2021 – Inomin Mines Inc. (TSX.V: MINE), (“Inomin”, “MINE” or the
“Company”) reports drilling is underway at the Company’s Beaver-Lynx Nickel-Cobalt property located in the
Cariboo region of British Columbia. Approximately 1,200 metres of diamond drilling is planned to test for n ickel
mineralization within a 5 – 6 kilometre-long area covering the Spur and North Lobe zones. This large exploration
area has been defined by MINE’s summer 2021 ground magnetic survey and limited previous drilling.
Inomin’s 100% owned Beaver -Lynx project is approximately 20,000 hectares, located 15 – 25 kilometres east and
southeast respectively of Taseko Mines Ltd.'s Gibraltar Mine in British Columbia’s Cariboo Mining Division.
Initial exploration and metallurgical studies at Beaver, includi ng geophysical surveys and diamond dril ling programs
during 2013 – 2014, demonstrated the property’s potential to host large areas of near -surface, disseminated
sulphide nickel and cobalt, amenable to conventional extraction methods.
The Company recently acquired additional mineral claims to join the Beaver and Lynx claim blocks into a single
property (Beaver-Lynx). Mineral claims were also acquired in the Lynx area to cover a strong magnetic target.
Magnetic surveys have p roven very effective at delineating magnetite -serpentinite rocks hosting nickel -cobalt
mineralization. At Beaver, airborne and ground magnetic surveys have identified five magnetite-serpentinite zones
with a cumulative strike length of approximately 10 kil ometres. Historic drilling at these zones intersected
strongly magnetic shallow-dipping serpentinites hosting nickel mineralization in sulphide form.
Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6
www.inominmines.com
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 Beaver-Lynx project is situated in relatively flat terrain and easily accessible via all-season roads, as well as a
network of forestry roads providing access to most of the p roperty. Other important nearby infrastructure includes
electricity (hydro-power) and railroad. Skilled workers, contractors, and supplies are available locally f rom the city of
Williams Lake situated about 20 kilometres south of Lynx.
For further information about the project visit MINE’s website at www.inominmines.com.
Inomin Mines Director, L. John Peters P.Geo, a qu alified person as defined by NI 43 -101, has reviewed and
approved the technical information in this news release.
About Inomin Mines
Inomin Mines is engaged in the identification, acquisition 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 100% 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 Newfoundland 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
Forward Looking Statements: This news release contains certain statements that may be deemed “forward -looking statements”.
Forward looking statements are statements that are no t historical facts and are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or th at events or
conditions “will”, “would”, “may”, “coul d” 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 mater ially 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 forward -looking statements in the event that management’s beliefs,
estimates or opinions, or other factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX V enture
Exchange) accepts responsibility for the adequacy or accuracy of this release.