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The latest announcement is out from InZinc Mining ( (TSE:IZN) ).
InZinc Mining has launched a non-brokered private placement of up to $1.2 million, offering flow-through common shares at $0.08 and non-flow-through units at $0.05, each unit including half a warrant exercisable at $0.10 for 24 months. Proceeds from flow-through shares will fund a 2026 diamond drilling program at the Indy project, targeting new Sedex zinc, lead, silver and potential gallium discoveries, while unit proceeds will go to working capital and may see participation from directors and officers under related-party rules.
The new financing follows the 2025 discovery of the high-grade B-9 Apex Zone at Indy, where drilling intersected 20.1% zinc, 1.7% lead and 9.5 g/t silver over 3.2 metres within a 58-metre mineralized envelope and extended the B-9 trend to 1,000 metres. Untested geophysical and geochemical anomalies extend a further 1,200 metres from the Apex Zone, outlining a 2.2-kilometre corridor that the planned 2026 drilling aims to evaluate, potentially enhancing the project’s scale and InZinc’s positioning in critical minerals exploration.
More about InZinc Mining
InZinc Mining Ltd. is a Vancouver-based mineral exploration company focused on zinc and associated critical minerals such as gallium, along with lead and silver. Its primary asset is the wholly owned Indy project in central British Columbia, located about 90 kilometres southeast of Prince George, where the company is advancing sedimentary exhalative (Sedex) style discoveries.
Average Trading Volume: 90,821
Technical Sentiment Signal: Buy
Current Market Cap: C$8.02M
For a thorough assessment of IZN stock, go to TipRanks’ Stock Analysis page.