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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 Canada. It is focused on exploring its 100% Indy property (Indy) located in central British Columbia. The property covers a 29 kilometers trend (19,900 hectares) with district scale potential for Sedimentary Exhalative (Sedex) (zinc-lead-silver) deposits. The Company’s surface exploration and shallow drilling programs have identified zinc, lead, silver and barite mineralization. It is located 85 km from the intercontinental Canadian National Railway (CNR), servicing the Port of Prince Rupert and connecting to the Port of Vancouver, and 35 km from hydroelectric transmission lines.


TSXV:IZN - Post by User

Comment by GenHandgrenadeon Sep 29, 2021 4:08pm
186 Views
Post# 33938423

RE:With The Last NR And Cashed Up .

RE:With The Last NR And Cashed Up . Checked their June 30 2021 Financial statements. At that time in addition to the money due from the Western Desert deal they had 952 K in cash (some of which could have been from the Aussies) they have approx 5.3 million options @ .06 and 3.3 million warrents @.06 that can be excercised. If excercised these options and warrents would give IZN another half a million to work with. Not alot of outstanding warrents/options if you ask me.
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