November 2016 Growth in Zinc
Cautionary Statement This presentation contains certain statements that may be deemed "forward-looking statements". All statements in this presentation, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans" "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. Preliminary Economic Assessment (April 2014) 100% equity basis; US$; zinc = $1 /lb, copper = $3 /lb, iron = $105 /t, indium = $600 /kg, silver = $21 /oz, gold = $1,300 /oz. The PEA is considered preliminary in nature. It includes Inferred mineral resources that are considered too speculative to have the economic considerations applied that would enable classification as mineral reserves. There is no certainty that the conclusions within the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Preliminary Economic Assessment available at www.inzincmining.com or www.sedar.com. Kerry M. Curtis, P.Geo., a Qualified Person as defined in NI43-101, has approved the technical content of this presentation. The technical content contained in this presentation is based in part on historical reports. The historical reports pre-date NI 43-101 reporting requirements and the Company cannot verify the content of the historical reports and is not responsible for the accuracy of the content of the historical reports. 2
Why Invest in InZinc Mining? Strong Foundation of Assets and Structure Two High Quality Zinc Projects Large, advanced stage zinc deposit with expansion potential Amenable to simple, conventional mining and processing Early stage exploration project with regional scale discovery potential Extensive near surface mineralized trend outlined by previous drilling Projects Benefit from Good Locations Existing Infrastructure and Safe Jurisdictions Excellent logistics, easy access and good infrastructure Safe jurisdictions conducive to exploration and development Low environmental impacts Capital Structure Disciplined Low shares outstanding No debt Corporate Team with Wide Range of Expertise, Achievements and Success 3
Why Invest in Zinc? 4 th Most Consumed Metal on the Planet Used as the great protector in steel production Mine closures outpacing new production Demand growing as supply diminishes Industry average zinc grades falling* (weighted average industry grade <5% Zn) 80% of zinc production is from underground mines** Supply challenges underpinned by both resource quality (lower grade and deeper) and scarcity Large zinc projects in safe jurisdictions with good infrastructure and low environmental impact are very rare alloys and castings 33% other 16% galvanizing 51% *Teck Investor and Analyst Day, March 30, 2016 **Dundee Capital Markets Feb, 2014 4
InZinc Mining Two Zinc Projects Safe, Accessible Locations Advanced Stage West Desert Project Early Stage Indy Project West Desert Indy Location Utah, USA BC, Canada Ownership 100% 100% Option* Stage Pre-PFS Exploration Mining Bulk underground Near surface target Processing Conventional flotation n/a Other Commodities Next Steps Cu, Au, Ag, In, Fe Resource expansion, exploration and definition drilling. Metallurgical and mine design optimization Ag, Pb Drill target development and program planning *Note: subject to TSXV acceptance 5
West Desert Project, Utah Surrounded by Infrastructure Easy Logistics Year-round road access Grid power Water rights to two water wells on property Interstate gas pipeline within 90 km Multiple transcontinental rail networks within 90 km Multiple US ports provide access to global shipping networks 6
West Desert Project, Utah Favourable Geology, Policy and Business Attitude Mine permitting straightforward, efficient and timely Resources almost entirely contained on private land Claims in good standing and exploration permits, bonds in place for start of drilling Readily-available skilled mining workforce Utah ranked 9th in Fraser Institute s 2015 mining survey WEST DESERT DEPOSIT 7
W WEST West Desert Project 2014 PEA* Key Takeaways Large resource open for expansion Low cost, conventional bulk underground mining 1.6 B lbs zinc production over 14.8 years, plus byproducts and credits Simple processing to produce clean concentrates with no penalties Historic 2.7M oz silver mine EAST E 100 200 300 Oxide Resource 400 500 600 Proposed stopes in yellow Underground Resource** Indicated 13 Mt at 6.2% ZnEq Inferred 46 Mt at 5.6% ZnEq 700m depth *Preliminary Economic Assessment (April 2014) available at www.inzincmining.com or www.sedar.com **April 2014: stated at a US$ 50 GMV (Gross Metal Value) per tonne cut-off; ZnEq based on 100% recovery and Zn=$1/lb, Cu=$3/lb, Fe=$115/t, In=$600/kg 8
West Desert Project PEA Simple Conventional Processing Zinc Grade Doubles after Magnetic Separation 9
West Desert Project PEA Clean, High Grade Concentrates No Deleterious Elements Zinc concentrate 92% recovery 55% zinc High indium No penalties Copper concentrate 74% recovery 29% copper Payable gold and silver No penalties Iron concentrate 97% recovery 63% iron Very low silica and phosphorus Domestic market 10
Section 288875E West Desert Project PEA Deposit Open in Three Directions Long Section Viewing North Focus on Main Zone and CRD Zone Mineralization EAST E WEST Historic 2.7M oz silver mine 100 OXIDES 200 300 400 MAIN ZONE MAIN ZONE 500 600 700m depth CRD ZONE 11
OXIDES West Desert Project Simplified Geological Cross Section Section 288875E Looking East OPEN MAIN ZONE OPEN CRD ZONE 12
West Desert Project Deposit Open in Three Directions Long Section Viewing North E EAST W WEST Historic 2.7M oz silver mine 100 200 300 400 OPEN OPEN 500 600 OPEN Historical intercept: 3.05m 7.65% Zn, 3.50% Cu 700m depth OPEN 13
West Desert Project Strategy to Build Value Move towards Prefeasibility Drilling Expansion, Exploration and Definition Expand CRD zone (both west and south) at lower levels Expand Main zone (both east and west) at upper levels Explore 500 m undrilled area east to historic silver mine and to historical mineralized intersection below (3.05 m at 7.65% Zn, 3.50% Cu) Improve resource classification (definition drill Main zone) Engineering and Optimization Studies Advance metallurgical, mine engineering and marketing studies 14
InZinc Mining Two Zinc Projects Safe, Accessible Locations Advanced Stage West Desert Project Early Stage Indy Project West Desert Indy Location Utah, USA BC, Canada Ownership 100% 100% Option* Stage Pre-PFS Exploration Mining Bulk underground Near surface target Processing Conventional flotation n/a Other Commodities Next Steps Cu, Au, Ag, In, Fe Resource expansion, exploration and definition drilling. Metallurgical and mine design optimization Ag, Pb Drill target development and program planning *Note: subject to TSXV acceptance 15
Indy Project, British Columbia 100 km South of Prince George 16
Indy Zinc Project, British Columbia Near Surface Mineralization with Open Pit Potential Option agreement to acquire 100% interest* Large project area with easy logistics and moderate terrain Near surface 450 m long mineralized Tex Zone outlined by shallow, wide-spaced historical drill holes Several large, untested geochemical soil anomalies over 6.5 km strike Last drilling activity 26 years ago Room for additional discoveries Work programs planned to prepare for drilling *Note: subject to TSXV acceptance 17
Indy Project, British Columbia Easy Access and Extensive Infrastructure 85 km from intercontinental (CNR) railhead 65 km from Yellowhead transcontinental highway ~500 km from Trail smelter Connected by 60 km of well maintained Regional Forest Service roads 2WD road access to northern area of project 18
Indy Project Four Large Geochemical Anomalies over 6.5 km Compiled Soil Geochemistry (Pb ppm) 1980s and 1990 19
Indy Project Tex Zone 450 m Mineralized Trend Open Intersections within 100 m of Surface Diamond Drilling 1989-90 20
Indy Project Tex Zone Near Surface Drilling Intersections Cross Section A-A Diamond Drilling 1989 E 21
Indy Project Regional Scale Discovery Potential Next Steps Ground work to improve understanding of distribution of mineralization and geochemical signatures. Soil sampling, prospecting and mapping on all anomalies and mineral occurrences Drill target selection for Tex Zone plus other anomalies 22
InZinc Mining Capital Structure Issued and Outstanding 72,655,419 Warrants 4,513,700 Options 5,350,000 Fully Diluted 82,519,119 Institutional Shareholders (fully diluted) 17.5% Management/Board (fully diluted) 18.5% Working Capital (Q2/16) Debt Share Price (Nov 1, 2016) Market Cap C$650,000 none C$0.18 C$13.1 million 23
InZinc Mining Focused on Delivering Value Kerry Curtis, B.Sc. (Geology), P.Geo. Chairman, Interim CEO 30 years experience base and precious metals, exploration through feasibility and development financing; former CEO of Cumberland Resources which was acquired by Agnico Eagle for $730 million Steve Vanry, C.F.A, C.I.M. Chief Financial Officer 17 years experience in strategic planning, regulatory compliance and financial reporting with publicly traded natural resource companies Joyce Musial, B.Sc. (Hons) in Geology Corporate Communications 25+ years experience in resource sector with focus on investor relations, communication, corporate development, and community, governmental & aboriginal relations Ken Puchlik, M.Sc. (Geology) Utah-based Consultant 30+ years experience with Freeport, Independence, Cyprus- Amax and Pegasus Gold, including development of 2.4 Moz Kubaka mine; Director of Utah Geological Survey; Geology Manager for Sumitomo at Pogo Mine Wayne Hubert, B.Sc. (Eng), MBA Utah-based Director 20+ years experience mining corporate development, initially with Meridian Gold and then as CEO with Andean Resources which was acquired by Goldcorp for US$3.5 billion Louis Montpellier, L.L.B. Director 30 years specializing in international mining law and finance; former VP Corporate Development and Counsel for Exeter Resource Corp. John Murphy, B.A. (Economics), CFA Director Chair of Audit Committee 25+ years banking experience in the mining sector - recently retired as Managing Director of Investment Banking and Co-Head Mining and Metals at Raymond James Ltd. after 21 years; formerly at Swiss Bank Corporation (now UBS) 24
For further information contact: Joyce Musial, Corporate Communications (604) 317-2728 www.inzincmining.com