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Inzinc Mining Ltd.
Summary
| Project: | Indy | |
|---|---|---|
| Deposit: | Indy | |
| Location: | Canada | |
| Commodities: | Zinc-Silver | |
| Date: | 11/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-11-2018: Inzinc Mining Ltd. announces an Exploration/Drilling Update report for its Indy deposit at the Indy project. Drilling results incl. 3.05m @ 9.26% Zn, 2.43% Pb, 17.89g/t Ag from 25.0m. Vancouver, BC – InZinc Mining Ltd. (TSX-V: IZN) (the “Compan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brian McGrath (Not stated) | |
| ABSTRACT: | Vancouver, BC – InZinc Mining Ltd. (TSX-V: IZN) (the “Company”) is pleased to announce initial results from its first exploration drill program at the Indy zinc project (100% option) located 100km southeast of Prince George in central British Columbia. Results include intersections from five holes of an eleven-hole drill program (1271m drilled). Additional results will be released as received. All intersections returned to date are located within 60m of surface. The 2018 drill program explored the southern area of Anomaly B, an extensive 1.5km long soil geochemical zone and one of three large anomalies being advanced on the project. Recent (2018) soil surveys outline large, continuous and untested areas of high zinc in soil over a 500m by 400m area both west and northwest of this drilling. The combination of age of strata, rock types, geochemical trends, alteration and mineralization are suggestive of deformed and re-mobilized mineralization associated with a sedimentary hosted exhalative (Sedex) environment. Anomaly B Drill Program (see Figures 5 and 6) Holes IB18-001 to IB18-010 focused on the southeastern area of Anomaly B and generally targeted the upslope edge of soil geochemical highs established in 2017 surveys. A single hole (IB18-011) was completed 900m north of hole IB18-001. The only rock exposure in the area is a surface zinc oxide occurrence which returned 45.5% zinc in a grab sample. Drill hole IB18-001 was collared 50m east of the zinc oxide zone and hole IB18-002 was located 100m east of the occurrence. Both holes intersected shallow zinc sulphide mineralization in relatively flat lying dolomitic rocks underlain by sericite-pyrite schists. Hole IB18-006, located 150m east of the zinc oxide occurrence, continued to explore this trend to the east and upslope. The hole was collared in black shales underlain by a sedimentary breccia and continued into thinner dolomitic rich rocks similar to sequences in holes IB18-001 and IB18-002. Hole IB18-006 ended in a thick interval of sericite-pyrite schist. Contact-related mineralization in hole IB18-006 was encountered at the base of the black shale and in contact with dolomitic rich rocks. Weaker sulphide mineralization was also intersected in silicified zones within the sedimentary breccia unit. Holes IB18-007, IB18-008 and IB18-009 continued to explore this trend (results pending).+ | |
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