Inomin to Start Ground Survey at Lynx to Identify Nickel Drill Targets
Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6
www.inominmines.com
NEWS RELEASE
Inomin to Start Ground Survey at Lynx to Identify Nickel Drill Targets
Vancouver, British Columbia, February 1, 2022 – Inomin Mines Inc. (TSX.V: MINE), (“Inomin”, “MINE” or the
“Company”) reports a 118 line-kilometre (km) ground magnetic survey will begin in early February at the Company’s
Lynx sulphide nickel pro perty in south -central British Columbia. The survey is designed to delineate drill targets in
serpentinite-magnetite hosted ni ckel mineralization. The survey will encompass 624 hectares in the Bear North and
South zones situated on the north -eastern extent of the property. The aforementioned zones extend 3 km long,
forming the eastern rim of a large (9 km diameter) circular magnetic feature interpreted to be an ocean basin accreted
seamount containi ng ultramafic complexes (Figure 1) . Scott Geophysics Ltd. of Vancouver, BC is completing the
survey.
Figure 1: Ground-magnetic grid over Bear zone of Lynx property. An 8 kilometre-wide ring-like magnetic anomaly and several strong
magnetic anomalies greater than 2 kilometres in length have been delineated at Lynx by an airborne magnetics survey.
Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6
www.inominmines.com
Previous magnetics surveys in the Beaver block (located 11 km north of Lynx) of the Beaver-Lynx project have
proven very effective at delineating magnetite -serpentinite rocks hosting nickel -cobalt mineralization. At Beaver,
airborne and ground magnetic surveys have identified f ive magnetite-serpentinite zones with a cumulative strike
length of approximately 10 kilometres. Historic drilling at these zones intersected strongly magnetic shallow -dipping
serpentinites hosting nickel mineralization in sulphide form.
The Lynx area is geologically similar to Beaver with even larger prospective t argets areas. RGS (regional stream
sediment) data collected by the Province of British Columbia illustrates the existence of a large 10 x 5 kilometre nickel
anomaly at Lynx. An airborne magnetics survey delineated an 8 kilometre -wide ring -like magnetic ano maly and
several strong magnetic anomalies – all greater than 2 kilometres in length.
Given the positive drill results related to areas of significant magnetite -rich serpentinite rocks in the Beaver property,
Lynx displays potential to host multiple zone s of large, disseminated, sulphide nickel. Cobalt occurs with nickel
mineralization in the Beaver property.
A 2020 National Instrument 43-101 technical report on the Beaver -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.
Partnership Opportunity
To continue to evaluate the project’s multiple large targets and potential to host bulk -tonnage style, sulphide (class 1)
nickel and cobalt deposits, Inomin is seeking a joint venture partner for the Beaver -Lynx project. The price of nickel is
at a 10-year high driven by accelerating use in electric vehicle batteries. The United States recently recognized nickel
as a new critical metal, essential for the country’s rising infrastructure and clean energy requirements.
Beaver Drill Results
Assay results are pending from the Company’s drill program at the Beaver property. As reported November 15, 2021,
a five-hole drill program tested a 5.7 km strike length intersecting long intervals of favourable mineralization up to 190
metres in thickness . The diamond drilling program success fully tested the Spur and North Lobe zones, large 5 – 6
kilometre-long areas defined by the preceding ground magnetics survey.
Beaver-Lynx Project
Inomin’s 100% owned Beaver-Lynx project, approximately 20,000 hectares in size, is located 15 – 25 kilometres east
and southeast respectively of Taseko Mines Ltd.'s Gibraltar Mine in British Columbia’s Cariboo Region .
The topography of the properties is relatively flat and easily accessible via all -season roads as well as a network of
forestry roads providing access to most of the properties. Other important nearby infrastructure includes electricity
(hydro) and railroad. Skilled workers, contractors, and suppliers are available locally from the city of Williams Lake
situated about 20 kilometr es south of Lynx (Figure 2). For further information about the Beaver -Lynx project visit
MINE’s website at www.inominmines.com.
Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6
www.inominmines.com
Figure 2: The Beaver-Lynx nickel-cobalt project is located in the Cariboo Region of south-central British Columbia.
About Inomin Mines
Inomin Mines is focused on the acquisition and exploration of mineral properties with strong potential to host
significant resources, especially gold, silver and nickel projects. 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 holds a royalty on the King’s Point gold -copper-zinc project in Newfoundland owned by 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.
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
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 “forwa rd-looking statements”.
Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and si milar expressions, or that events or
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 guar antees of 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.
Neither TSX Venture Exchange nor its Regul ation 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.