Maiden Drilling at Lynx Expands Scale of Project Including 420 Meters of 0.21% Nickel and 22% Magnesium Starting 3 Meters from Surface
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2026) - Inomin Mines Inc. (TSXV: MINE) (" Inomin " or the " Company ") is pleased to announce 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 meters (m) grading 0.21% nickel and 22% magnesium, starting just 3 meters 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 meters (1,378 feet) grading 0.21% Nickel and 22% Magnesium 3 meters 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 ~100%
Sumitomo Metal Mining Canada Ltd. ("Sumitomo") funded 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.
To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3069/317485_126ff3116492caaa_001full.jpg
Notes on Assay Results
Samples were analyzed by Activation Laboratories Ltd ("Actlabs") for a 22-element suite utilizing their 8-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, BC, and is ISO 17025-certified. The relationship between Inomin and Actlabs is arms-length, limited to the laboratory's commercial supply of analytical services.
The drilling program was reconnaissance in nature, holes situated no less than 200 m 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 QAQC protocols were followed, including custody of the core, the insertion of blanks and standards into the sample stream, and normal QAQC laboratory protocols. Drillcore was split using a power saw with a representative fraction sent to the laboratory and the remainder stored on site.
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CEO Comment
John Gomez, President & CEO of Inomin, states: "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 totaling 3,452.8 metres at the Onuki zone (area), a 6 km² target characterized by strong magnetic responses and surface sampling anomalies. The Company also completed a 158.4 line-kilometer ground magnetic survey at Onuki to refine drill targeting and improve structural interpretation.
The approximately $2.3 million exploration program , funded by Sumitomo , represents the largest single exploration investment at Beaver-Lynx to date. Assay results on remaining drilling five holes are pending.
Location of drill holes at Onuki Area in southeast region of the Lynx property block. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3069/317485_126ff3116492caaa_002full.jpg
Onuki is one of several 3 - 6 km² 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 8-kilometre-wide ring-like magnetic anomaly and several strong magnetic anomalies 1 - 3 kilometers 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. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3069/317485_126ff3116492caaa_003full.jpg
Google Earth satellite image of 28,000-hectare Beaver-Lynx property between Gibraltar and Mount Polley mines, two of the largest mining operations in British Columbia. Beaver is the northern property area connected to southern Lynx block. The property benefits from excellent infrastructure including all-season road access, nearby hydro-electric power, proximity to an active rail haulage line, and services from Williams Lake and other resource-centric communities. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3069/317485_126ff3116492caaa_004full.jpg
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 (TSX: TKO) (NYSE American: TGB) (LSE: TKO) Gibraltar mine, Canada's second-largest open-pit copper operation. The project benefits from excellent infrastructure, including all-season road access, nearby hydro-electric power, and proximity to an active rail haulage line. Local resource communities provide comprehensive services and a skilled workforce.
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 – 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. For further information, visit www.inominmines.com .
Qualified Person
The technical content of this news release has been reviewed and approved by Victor Jaramillo, P.Geo., VP, Exploration, and Qualified Person ("QP") as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Inomin Mines
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 . Additional information is available at www.inominmines.com .
On behalf of the board of Inomin Mines:
Inomin Mines Inc. Per: "John Gomez" President & CEO
For more information contact:
John Gomez info@inominmines.com
Neither 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.
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur".
This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts, and statements as to management's expectations and intentions with respect to, among other things, targets, plans and expectations of the Company with respect to exploration programs and the mineral potential of the Beaver-Lynx property.
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that future exploration and drilling programs at the Beaver-Lynx property are not carried out.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.
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