Inomin expands Beaver-Lynx nickel project

Lynx nickel project in British Columbia. (Image courtesy of Inomin Mines).

Inomin Mines (TSX.V: MINE) announced that it has expanded its Beaver-Lynx nickel project by 6,040 hectares through staking and the buyout of eight properties held by third-parties. 

In a press release, Inomin said that the Beaver nickel-cobalt property has increased to 7,528 hectares from 4,250 hectares, while the Lynx property is now 12,662 hectares, up from 9,900 hectares. 

Beaver and Lynx are prospective for large, bulk-tonnage sulphide nickel deposits

According to the Vancouver-based miner, the new ground within both properties covers nickel occurrences and prominent gravity anomalies that may be related to local mineralization.

“The enlarged properties provide us with the most significant nickel exploration targets in the region based on available data,” said John Gomez, Inomin’s president and CEO. “The larger land position also gives the project greater scale to create a more attractive exploration and development opportunity.”

The Beaver-Lynx project is located in the Cariboo region of south-central British Columbia.

Beaver is 15 kilometres away and Lynx 30 kilometres away from the Gibraltar mine, the second-largest open-pit copper mine in Canada. 

Inomin reports that widespread nickel found at both properties – including drilling at Beaver and rock sampling at Lynx – indicates they could host significant nickel deposits with credits for cobalt and other minerals. 

1751 0

Comments

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More Canada News