Inomin Mines Up 24% as It Starts a $2.3 Million Exploration Program at Beaver-Lynx With Sumitomo
Inomin Mines (MINE.V) shares were last seen up 24% after the company started its 2026 exploration program at the 28,000-hectare Beaver-Lynx polymetallic project in south-central British Columbia, with Sumitomo Metal Mining Canada.The about $2.3 million program is the largest single exploration investment at Beaver-Lynx to date and includes first-ever drilling at the Lynx block, said the company. The program will focus on nearly 4,100 meters of drilling at the Onuki zone, a six square-kilometer target within the Lynx area.Previous outcrop sampling at Onuki returned values up to 2,640 parts per million of nickel. A detailed ground magnetic survey is underway at Onuki to refine drill targeting.Subject to permitting process of the Beaver block, some drillholes at Onuki zone will be reallocated to the Beaver South zone to continue expanding the mineralized footprint and advance the project, it said.Shares of the company were last seen up $0.025 to $0.13 on the TSX Venture Exchange.Price: $0.13, Change: $+0.03, Percent Change: +23.81%
