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InZinc Outlines Extensive Discovery Potential at Indy Zinc Project

VANCOUVER, British Columbia, Sept. 07, 2017 (GLOBE NEWSWIRE) -- InZinc Mining Ltd. (TSX-V:IZN) (“InZinc” or the “Company”) is pleased to announce results from the 2017 surface exploration program at the Indy zinc project (100% option) located in central BC. Highlights include identification of multiple, extensive geochemical anomalies defined across a 1.5 km trend known to host zinc mineralization. In addition, a separate large and open-ended zinc in soil anomaly has been outlined in the central area of the project.

2017 Exploration Program Highlights

A series of maps detailing the Indy 2017 exploration results can be found at this link: 

/EIN News/ -- http://www.globenewswire.com/NewsRoom/AttachmentNg/67b4caaf-54da-483e-a7cc-635f142ad631

Anomaly B Area

  • Hosts 450 m long mineralized zone discovered by soil geochemistry in 1988
  • 1.5 km by 300 m area covered by detailed sampling in 2017
  • Extended soil anomaly associated with mineralized zone northwest by 800 m – remains open
  • Identified extensive new soil anomalies immediately west and north of mineralized zone
  • Aggregate length of 1.8 km of newly outlined soil geochemical anomalies

Anomaly C

  • Outlined continuous zinc in soil anomaly over 600 m in length
  • Open for expansion to the north and south

2017 Programs

The 2017 field program consisted of geochemical surveys, geological mapping and prospecting in the anomaly B and C areas, two of four high priority areas occurring over a 6.5 km trend at Indy. The program represents the first broad application of modern geochemical exploration techniques on the project.

Anomaly B Area

The Anomaly B area is host to a near surface 450 m long mineralized zone discovered by soil geochemistry in 1988 and subsequently drilled by Cominco with five wide spaced drill holes. Near surface mineralized intersections containing sphalerite, galena and minor barite occurring in dolomitic carbonate rocks were reported in all five holes. Drill intersections ranged from 1.5 m to 19.7 m widths, grading from 1.9% to 8.9% zinc, from 1.0 g/t to 55.6 g/t silver and from 0.04% to 2.4% lead. Outcrop exposure is very rare over the entire area.

During the 2017 program, soil geochemical sampling was completed over a 1.5 km by 300 m grid area. This work has extended the zinc in soil anomaly associated with the historically drilled mineralized zone for a further 800 m to the north. Additionally, strong and extensive zinc in soil anomalies have been identified west, downslope and parallel to the mineralized zone. These anomalies coalesce between 500 m and 700 m north of the mineralized zone, indicative of potential thickening of associated mineralization. In aggregate, the 2017 program outlined 1.8 km of new and untested geochemical anomalies, in addition to the 450 m long mineralized zone comprising the Anomaly B area. The anomalies remain open to the north.

Anomaly C

The Anomaly C area, located approximately 1 km north of Anomaly B, was originally identified by reconnaissance soil geochemical surveys in 1981. Two short (29 m) drill holes (1982) were collared on the west and east flanks of the area but did not adequately explain the soil response.

In 2017, soil geochemistry was completed over a 600 m by 400 m grid area. A continuous multi-element  geochemical response occurred at similar orientation to Anomaly B trends (NW-SE). The anomaly, extending across the 600 m area, generally parallels a geologic contact between shales and chert-carbonate sequences, although outcrop exposure in the area is very limited especially over the stronger geochemical response. Anomaly C remains open-ended and further sampling is required to delineate its extent.

Exploration Plans

A range of follow-up programs are being considered for the fall of 2017. These programs could be subject to potential access restrictions due to the extensive wildfires in central BC and the related availability of crews and equipment.

The Indy zinc project is situated at elevations ranging from 950 m to 1300 m and is located 85 km south of the CNR transcontinental railway and 65 km south of the Yellowhead highway. Northern portions of the property are accessed by well-maintained Forest Service roads.

The project is underlain by rocks of the Black Stuart Group, of which multiple sedimentary formations are correlated by the Geologic Survey of Canada to the most productive zinc bearing strata in western and northern Canada.

About InZinc

InZinc is focused on growth in zinc through exploration and expansion of the advanced stage West Desert project (100%) in Utah and exploration of the early stage Indy project (100% option) in BC. West Desert has a large underground resource open for expansion and has district scale exploration potential. A West Desert preliminary economic assessment completed in 2014 projected 1.6 billion pounds of zinc production over 15 years. Indy comprises both near surface exploration targets and regional discovery potential. Both zinc projects are well located with easy access and existing infrastructure.

InZinc Mining Ltd.

"Kerry Curtis”                                                    
_____________________________                                
                                    

Kerry Curtis   For further information contact:
Chairman and Joyce Musial 
Interim Chief Executive Officer  Vice President, Corporate Affairs
Phone: 604.687.7211   Phone: 604.317.2728
Website: www.inzincmining.com  Email: joyce@inzincmining.com

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the Company’s next shareholder meeting. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plan, design, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results, performance, or actions and that actual results and actions may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, those risks and uncertainties disclosed in the Company’s Management Discussion and Analysis for the year ended December 31, 2016 filed with certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

Brian McGrath, B.Sc., P.Geo. a Qualified Person as defined in NI43-101, has approved the technical content of this news release. Some technical content contained in this news release is based in part on historical reports. The Qualified Person is not responsible for the accuracy or the content of the historical reports.

Neither the TSX Venture Exchange nor its Regulation 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.

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