Published: May 13, 2025 |

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Inomin Mines has entered into a earn-in and joint venture agreement with Sumitomo Metal Mining Canada, an arm’s length party, where Inomin granted to Sumitomo the right to earn up to an 80 percent interest in the company’s Beaver and Lynx projects in south-central British Columbia. Sumitomo was also granted with the option to acquire certain non-mineral rights, including hydrogen, by incurring minimum exploration expenditures and providing Inomin other considerations.

A $1.7 million phase 1 work program is proposed in 2025 which is anticipated to include about 3,850 meters of drilling. Exploration is expected to start this summer.

“We look forward to working with Sumitomo, a leading international resource project developer and producer, to test Beaver-Lynx’s large mineral resource potential. Next drilling should work towards defining a maiden mineral resource at the Beaver South zone. Drilling should also assist to assess the project’s potential for natural hydrogen,” said John Gomez, president of Inomin.

The Beaver-Lynx property comprises approximately 28,000 hectares and is ideally located in south-central British Columbia, 50 kilometers from the city of Williams Lake and adjacent to Taseko Mines’ Gibraltar mine project, one of the largest open-pit copper mines in Canada. Beaver-Lynx is easily accessible by good all-season roads, and is close to hydro-electric power, as well as active railway lines.

Inomin Mines is focused on the identification, acquisition, and exploration of mineral properties with strong potential to host significant resources, especially critical minerals, as well as gold and silver projects.

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