InZinc is pleased to announce that it has closed the non-brokered private placement announced on September 19, 2014. A total of 5,694,000 units were sold at a price of $0.18 per unit for gross proceeds of $1,024,920. Each unit consists of one common share and one-half of one common share purchase warrant. Each full warrant will be exercisable to acquire one additional common share of the Company at a price of $0.30 per [...]
InZinc wishes to announce that it has agreed to a non-brokered private placement by a small group of mainly insiders. The placement consists of 2.778 million units at a price of 18 cents per unit for proceeds of $500,000. Each unit will consist of one common share and one-half of one common share purchase warrant. Each full warrant will entitle its holder to subscribe for one share at 30 cents per share for a period of 24 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 7, 2014) - InZinc Mining Ltd. (TSX VENTURE:IZN) (the "Company") is pleased to announce that the technical report on the Preliminary Economic Assessment ("PEA") of its 100% owned West Desert zinc-iron-copper project (the "Project") in western Utah has been filed on SEDAR. The results of the PEA were announced in an April 1, 2014 news release and illustrated the potential for [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 14, 2014) - InZinc Mining Ltd. (TSX VENTURE:IZN) (the "Company") announces board approval of an amendment to its by-laws to include advance notice provisions, the purpose of which is to require that advance notice be provided to the Company in circumstances in which nominations of persons for election to the board of directors of the Company are made by shareholders other [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 1, 2014) - InZinc Mining Ltd. (TSX VENTURE:IZN) is pleased to announce that it has received the results of an independent Preliminary Economic Assessment (PEA) of the Company's 100-per-cent-owned West Desert Project in Utah. Highlights after-tax NPV(8%) is US$258.1 million, IRR is 23% and payback is estimated at 3.7 years assuming a zinc price of US$1/lb and a 14.8 year [...]
Lithic Resources is pleased to announce that it has changed its name to InZinc Mining. The Company's new name and new trading symbol "IZN" will take effect at the start of trading on the TSX Venture Exchange on February 19, 2014, subject to Exchange approval. There is no share consolidation and no corporate reorganization accompanying the Company's name change. "Our new name, InZinc Mining, reflects the Company's renewed [...]
Lithic Resources is pleased to announce that it has received the results of metallurgical testwork in support of an ongoing Preliminary Economic Assessment (PEA) for its 100% owned West Desert zinc-copper-silver-gold-iron project in Utah. The West Desert project hosts significant zinc-copper resources with associated massive, high-grade iron (magnetite) mineralization.
"Today's results indicate that magnetite in the West [...]
Lithic is pleased to announce that it has retained Mine Development Associates (MDA) of Reno, Nevada, to complete a Preliminary Economic Assessment (PEA) for its 100% owned zinc-copper-silver-gold project in western Utah. The project comprises large undeveloped, near surface oxide resources and associated deeper sulphide resources. A PEA completed by the Company in 2010* focused solely on the underground mining potential [...]
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