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Bullboard - Stock Discussion Forum InZinc Mining Ltd V.IZN

Alternate Symbol(s):  LTHIF

InZinc Mining Ltd. is focused on the exploration and advancement of its interest in multiple North American base metals projects. The Company's principal business activities include the acquisition and exploration of mineral exploration and evaluation assets in the United States and Canada. The Company operates Indy Project, which is located approximately 90 km southeast of the city of Prince... see more

TSXV:IZN - Post Discussion

InZinc Mining Ltd > IZN Flush with cash
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Post by GenHandgrenade on Feb 02, 2022 2:55pm

IZN Flush with cash

As per their most recent financial statemenst IZN had on Sept 30 2021 797K in cash and recievables etc. On Dec 07 IZN announces they got 2.7 million in cash 13 million shares of American West and some payments such as 97K for reclamation deposit.. So it looks like IZN has 3.5 million in cash available for exploration of Indy this year. I am looking forward to a steady flow of news this year. Also interesting is South 32 taking a large land position north of Indy.
Comment by Yifto1 on Feb 02, 2022 11:26pm
Well funded for summer drilling. Can still benefit from upside in West Desert. Good spec play. Hoping we break .20 by drilling season. Good luck everyone.