Mr. John Gomez reports
INOMIN MAKES NEW DISCOVERY AT BEAVER-LYNX
Inomin Mines Inc. has made a new discovery from maiden drilling at the Lynx block of the 28,000-hectare Beaver-Lynx polymetallic project in south-central British Columbia. Results from the first four holes at the Onuki zone have delivered the longest nickel-mineralized intersections reported at Beaver-Lynx to date, including 420 metres grading 0.21 per cent nickel and 22 per cent magnesium, starting just three metres from surface. This new discovery establishes the presence of significant nickel-magnesium mineralization within the previously undrilled Lynx property block -- located approximately 10 kilometres south of Inomin's discoveries at Beaver -- and provides further evidence supporting a district-scale mineral system at Beaver-Lynx.
Key highlights:
- New discovery at Beaver-Lynx with inaugural drilling at Lynx block delivering the best project drilling intercepts to date, including 420 metres (1,378 feet) grading 0.21 per cent nickel and 22 per cent magnesium three metres from surface;
- First four holes at Onuki confirm district-scale mineral system continuity between Beaver and Lynx;
- Results indicate higher-grade nickel and nearer-surface mineralization at Lynx relative to Beaver, strengthening the project's mineral potential;
- Inomin's drilling represents the first time the Lynx area of the property has been drill tested; the company's drilling hit rate (intersection of target mineralization) remains an outstanding appoximately 100 per cent;
- Sumitomo Metal Mining Canada Ltd. financed exploration: the approximately $2.3-million exploration program represents the largest single exploration investment at Beaver-Lynx to date, with assay results from five additional drill holes pending.
Notes on assay results
Samples were analyzed by Activation Laboratories Ltd. (Actlabs) for a 22-element suite utilizing its eight-peroxide (total) fusion, ICP-OES (FUS-Na202). The resulting grade for nickel includes both silicate and sulphide components of nickel.
Actlabs is located in Kamloops, B.C., and is ISO 17025 certified. The relationship between Inomin and Actlabs is arm's length, limited to the laboratory's commercial supply of analytical services.
The drilling program was reconnaissance in nature, holes situated no less than 200 metres apart. The reported intervals are based on core length, and true thicknesses will be calculated once drilling density is increased to the point that a clear understanding of the mineralized body is made. Industry-standard quality assurance/quality control protocols were followed, including custody of the core, the insertion of blanks and standards into the sample stream, and normal QA/QC laboratory protocols. Drill core was split using a power saw with a representative fraction sent to the laboratory and the remainder stored on site.
Chief executive officer comment
John Gomez, president and chief executive officer of Inomin, stated: "These results represent an important milestone for Inomin and the advancement of Beaver-Lynx. For the first time, we have confirmed the existence of significant nickel-magnesium mineralization at Lynx, with the potential to expand the project's mineral footprint across 28,000 hectares. The broad polymetallic intersections -- the longest drilled to date -- provide additional solid evidence supporting our belief that Beaver-Lynx hosts a major polymetallic system.
"What is particularly encouraging is that these results come from the first four holes of our inaugural drilling program at Lynx, and that mineralization is near surface. With five additional drill holes awaiting assay results -- and several large targets yet to be -- we believe we are just getting started with unlocking Beaver-Lynx's full mineral potential.
"We appreciate Sumitomo's valuable technical support on the recent exploration program, particularly drill hole targeting, and look forward to reporting the remaining exploration results as we advance this emerging, district-scale, critical minerals opportunity."
2026 drilling program -- Onuki zone, Lynx block
Drilling at Lynx consisted of nine holes totalling 3,452.8 metres at the Onuki zone (area), a six-square-kilometre target characterized by strong magnetic responses and surface sampling anomalies. The company also completed a 158.4-line-kilometre ground magnetic survey at Onuki to refine drill targeting and improve structural interpretation.
The approximately $2.3-million exploration program, financed by Sumitomo, represents the largest single exploration investment at Beaver-Lynx to date. Assay results on the remaining five drill holes are pending.
Onuki is one of several three-to-six-square-kilometre magnetic targets defined by airborne geophysics and surface rock sampling at Lynx. These targets exhibit geological characteristics similar to the Beaver block to the north, where Inomin has outlined multiple zones of near-surface, nickel-magnesium mineralization with accessory cobalt, chromium, platinum and palladium.
An airborne magnetics survey completed over Lynx delineated an eight-kilometre-wide ring-like magnetic anomaly and several strong magnetic anomalies one to three kilometres in length. Inomin's sampling and ground magnetic surveys have focused on the Onuki, Bear and Skulow areas. Inomin's inaugural drilling program at Lynx has confirmed similar mineralization exists at Lynx as discovered at Beaver -- but potentially greater -- given the size and number of magnetic targets.
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 resource 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, highlighting the polymetallic nature and scale potential of the system.
The Lynx block, located 10 kilometres south of Beaver, hosts multiple high-priority magnetic and geochemical targets comparable in size with (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; Inomin is the project operator.
Qualified person
The technical content of this news release has been reviewed and approved by Victor Jaramillo, PGeo, vice-president, exploration, and qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.
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.
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