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INOMIN MINES INC V.MINE

Inomin Mines Inc. is focused on the identification, acquisition, and exploration of mineral properties with the potential to host significant resources, especially critical minerals, as well as gold and silver projects. The Company owns a 100% interest in the 7,528-hectare Beaver magnesium-nickel property located in British Columbia, Canada. The Beaver property is situated in south-central British Columbia, 15 kilometers east of the Gibraltar mine. It also owns a 100% interest in the 13,610-hectare Lynx Nickel property located in British Columbia, Canada. Its La Gitana property is an advanced gold-silver project, located in Oaxaca State, Mexico, approximately 100 kilometers East of Oaxaca City, Mexico. The Company also owns a 100% interest in the Pena Blanca gold-silver property located in Mexico. The Company holds a 1% net smelter royalty (NSR) on the King’s Point gold-base metals project located within the prolific Catcher’s Pond Belt in the Green Bay area of Newfoundland.


TSXV:MINE - Post by User

Post by Oldschool2022on Nov 22, 2022 9:07pm
367 Views
Post# 35120563

Nice pop today with no news yet? 100% gains.

Nice pop today with no news yet? 100% gains.Only 30 million shares listed with this one. With a market cap of $3 million after a 100% gain today. I was a shareholder in the spring when we had exciting drill results and this had a spike from .105 to .72 in 3 days after the drilling news from Beaver was released. 
If this shows strength in the coming days it might be time to add a few more shares. The tight share structure and clean balance sheet is a bonus here. Looks like the Beaver property has a 4km X 8km 32 s/km target. 

Inomin owns a 100% interest in the 7,528 hectare Beaver Magnesium-Nickel-Chromium-Cobalt property located in British Columbia, Canada

Excellent Location

The Beaver property is situated in south-central BC, 15 kilometres east of the Gibraltar mine, the second largest open-pit copper mine in Canada. The property has excellent infrastructure including paved and forestry service roads allowing easy access to all parts of the property.

Major Discovery

Inomin's inaugural drilling program hit significant mineralization in all drill holes including 252.1 metres grading 20.6% magnesium, 0.16% nickel, and 0.33% chromium. All holes ended in mineralization leaving the discoveries open to expansion in all directions.

Multiple Large Targets 

Magnesium-nickel-chromium-cobalt bearing-ultramafic rocks has been delineated by property-wide magnetic surveys. The surveys indicate ultramafic occurrences over an extensive 4 km by 8 km area of the property. Exploration surveys and drilling of 30 holes indicate good potential for large, bulk-tonnage, near-surface deposits.

Positive Metallurgy 

A pre-scoping metallurgical study demonstrated 90% of the nickel is from nickel sulphide minerals heazlewoodite and pentlandite, the remaining in serpentine minerals. Nickel recovery tests achieved positive recoveries and a marketable nickel concentrate.

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