Mr. John Gomez reports
INOMIN STAKES NEW CLAIM ADJACENT TO BEAVER-LYNX POLYMETALLIC PROJECT
Inomin Mines Inc. has staked a new mineral claim, covering approximately 1,128 hectares, adjacent to the Beaver-Lynx polymetallic project. The claim covers most of a five-kilometre-long magnetic feature identified by airborne magnetic surveying. As mineralization at Beaver-Lynx is typically associated with magnetite, this ground likely represents another large, high-priority target for nickel and other critical minerals.
Upon receipt of government approval, the mineral claim will become subject to the earn-in and joint venture agreement dated April 25, 2025, between Sumitomo Metal Mining Canada Ltd. and the company. The Beaver-Lynx management committee will determine whether to include it in the project. Should the claim not be included in the Beaver-Lynx project, Inomin will own the property exclusively.
John Gomez, president and chief executive officer of Inomin, commented: "The new claim represents a highly efficient expansion of Beaver-Lynx. By staking this magnetic anomaly, we position Inomin to leverage the same geological hallmarks driving our exploration successes. Upon anticipated approval, this claim integrates into our earn-in structure with Sumitomo or remains the sole ownership of Inomin, monetizing additional value for our shareholders."
About Beaver-Lynx
The 28,000-hectare Beaver-Lynx project is located approximately 50 kilometres north of Williams Lake and adjacent to Trekor Metals Ltd.'s Gibraltar mine, Canada's second-largest open-pit copper operation. The project benefits from excellent infrastructure, including all-season road access, nearby hydroelectric power and proximity to an active rail haulage line. Local communities provide comprehensive services and a skilled work force.
Until 2026, exploration focused exclusively on the Beaver block, where drilling has outlined extensive nickel and magnesium mineralization, along with cobalt, chromium, platinum and palladium. Drilling has also intersected copper, silver and gold, underscoring the polymetallic nature of the system.
The Lynx block, located 10 kilometres south of Beaver, hosts multiple high-priority magnetic and geochemical targets comparable in size -- and in some cases larger -- than those at Beaver. Together, Beaver and Lynx outline a significant district scale critical minerals opportunity.
The 2026 Beaver-Lynx exploration program is being undertaken in collaboration with Sumitomo, which is financing the program; Inomin is the project operator. .
Other news
To align closer with industry compensation standards, the company has updated the following monthly compensation and service arrangements:
- President and chief executive officer: $10,000 per month;
- Corporate secretary: $3,600 per month.
Separately, the monthly fee under the company's existing agreement for accounting services, which include bookkeeping, treasury, financial reporting and chief financial officer services, has been increased from $2,500 to $4,000. These services are provided by a firm of which the company's CFO is a director and officer.
About Inomin Mines Inc.
Inomin Mines is engaged in the identification, acquisition and exploration of mineral properties with strong potential to host significant resources. The company focuses on opportunities offering large-scale discovery potential, resource definition and pathways to development. Inomin trades on the TSX Venture Exchange under the symbol MINE.
Victor Jaramillo, PGeo, vice-president of exploration and director of Inomin Mines, and a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this news release.
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