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TICKERS: MINE; IMC

A District-Scale Nickel-Magnesium-Cobalt System Gains Momentum in British Columbia
Contributed Technical Analyst Opinion

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John Newell of John Newell & Associates explains why he thinks Inomin Mines Inc. (MINE:TSX.V; IMC:FRA) is a Speculative Buy.

Inomin Mines Inc. (MINE:TSX.V; IMC:FRA) continues to advance what is shaping up to be a large-scale nickel–magnesium–cobalt system with associated PGEs (platinum+palladium) in south-central British Columbia.

With additional drilling confirming wide, near-surface mineralization and geophysical work expanding the footprint at Lynx, the geological model is becoming clearer.

At the same time, the chart is beginning to reflect a company that may be transitioning from a prolonged correction in what appears to be early-stage accumulation.

 For investors focused on critical minerals with district-scale potential, Beaver–Lynx is evolving into a story that deserves closer attention.

About the Company

Inomin Mines Inc. is a Canadian mineral exploration company focused on discovering and advancing critical minerals and precious metals deposits capable of supporting large, scalable development.

The company's flagship Beaver–Lynx project spans approximately 28,000 hectares in a well-established mining district of British Columbia. The project is located roughly 50 kilometres north of Williams Lake and directly beside the Gibraltar Mine, Canada's second-largest open-pit copper operation. The region benefits from road access, rail infrastructure, nearby hydroelectric power, and a skilled mining workforce.

The combination of scale, infrastructure, and geology positions Beaver–Lynx as more than a grassroots exploration play. It is emerging as a potential new critical minerals district.

Photos: Left drilling at the Beaver-Lynx project. Right: Core from the 2025 drilling program on site. Source: Company Presentation

The Beaver–Lynx Nickel–Magnesium System

Beaver: The Discovery Anchor

Beaver is the discovery that established Inomin's technical credibility. Initial drilling intersected broad intervals of magnesium and nickel mineralization, including 252.1 metres grading 20.6% magnesium and 0.16% nickel, with mineralization remaining open in multiple directions.

Importantly, every hole in the inaugural program intersected significant mineralization. Follow-up drilling in the South and Ring zones confirmed continuity, returning long intercepts of high-grade magnesium with consistent nickel values. Relatively near-surface intersections such as 179.2 metres grading 23% magnesium and 0.19% nickel, and over 100 metres grading above 22% magnesium, reinforce the bulk-tonnage character of the system.

This is not a narrow vein story. Beaver is defined by a large ultramafic body roughly 4 kilometres by 8 kilometres in footprint, outlined through drilling and magnetic surveys. That scale is central to the investment thesis.

In addition to nickel and magnesium, drilling has intersected cobalt, chromium, platinum, and palladium. The presence of PGMs is consistent with ultramafic systems and adds another layer of significant potential value.

Metallurgical work has also been constructive. Testing has demonstrated magnesium recoveries approaching 99% via hydrochloric acid leaching and nickel recoveries up to 58% through flotation. At this stage, the key takeaway is that the mineralization appears amenable to conventional processing pathways.

Lynx: The District Multiplier

If Beaver represents proof of concept, Lynx represents the scale multiplier.

Located approximately 10 to 11 kilometres south of Beaver, the 17,300-hectare Lynx property sits within the same geological environment in the Cache Creek Terrane. Regional stream sediment data outline a large nickel anomaly across the property, among the more significant anomalies documented in British Columbia.

Airborne magnetic surveys have delineated an 8-kilometre-wide ring-like magnetic feature and multiple strong magnetic targets exceeding 2 kilometres in strike length. Surface sampling of serpentinite outcrops returned nickel values above 0.1%, with highs to 0.27% nickel.

Unlike Beaver, the larger Lynx area has not yet been drilled. That is precisely what gives it strategic value. The targets are large, near-surface, and geologically analogous. If even a portion of these anomalies converts to drill-confirmed mineralization, Beaver–Lynx begins to resemble a new critical minerals camp.

Ownership

Inomin holds a 100% interest in both the 11,000-hectare Beaver property and the 17,300-hectare Lynx property.

The company is advancing Beaver–Lynx under an earn-in and joint venture agreement with Sumitomo Metal Mining Canada Ltd., the Canadian subsidiary of one of Japan's largest mining and smelting organizations. Under the agreement, Sumitomo may earn between 60% and 80% by funding exploration and providing additional consideration, while Inomin remains the project operator.

The presence of a global mining group at this stage materially reduces funding risk and provides technical validation. For a junior company outlining bulk-tonnage potential, that strategic partnership is significant.

Carbon Capture Optionality

An additional layer of long-term optionality lies in the nature of the host rocks.

Ultramafic systems rich in magnesium have the capacity to sequester carbon dioxide through natural mineral reactions. Initial testing suggests that minerals present at Beaver may support carbon mineralization processes. While still early, the possibility of reduced emissions, carbon neutrality, or carbon credit generation introduces a structural advantage that is rarely present in conventional polymetallic projects.

Management and Technical Team

Inomin is led by President and CEO John Gomez, an entrepreneur with a background that bridges mining, media, and capital markets. That combination is not accidental. Early-stage exploration companies require both geological conviction and the ability to communicate and finance that vision, and John Gomez has operated in both arenas.

On the technical side, the company is supported by a seasoned, discovery-focused team. Director John Peters, P.Geo., brings more than three decades of exploration experience and has been directly involved in multiple discoveries in British Columbia, including the Woodjam porphyry copper-gold deposit and the Shovelnose gold discovery. Importantly, he has also played a role in advancing the Beaver-Lynx discoveries themselves, providing continuity between concept generation and execution on the ground.

Advisors Victor Jaramillo and Bruce Winfield contribute decades of international geological and executive experience, including participation in porphyry copper-gold discoveries and the advancement of gold projects through development stages. For a company pursuing district-scale ambition, that level of technical depth matters.

Share Structure

As of early February 2026, Inomin reports approximately 49 million shares outstanding, with warrants and options bringing the fully diluted total to just under 68 million shares.

For a company controlling a large land package with multiple defined zones and district-scale potential, the capital structure remains relatively disciplined by Venture standards. In a rising commodity environment, tight structures tend to amplify re-rating potential.

Technical Analysis

From a technical standpoint, the long-term chart tells a story of capitulation followed by a rebuilding long base.

The sharp decline in 2023 marked a structural reset. Since then, the price has spent considerable time carving out a rounded base or head and shoulder bottom formation. The more recent advance into late 2025 challenged prior resistance near the CA$0.10 level, where supply had historically emerged.

What is constructive now is not just the rally attempt, but the behavior on the pullback. The stock appears to have established a higher low relative to previous troughs, indicating that selling pressure is diminishing. Volume expansion on advances, combined with stabilizing moving averages, suggests that accumulation may be quietly taking place beneath the surface.

The CA$0.10–CA$0.11 zone represents the primary resistance area on a weekly closing basis. A sustained breakout above that level would complete a multi-year base structure and shift the intermediate trend from neutral to positive.

If that breakout materializes, measured move projections from the rounded base imply upside targets near CA$0.12, CA$0.16, and potentially CA$0.18 over time. Those levels align with prior distribution areas and represent logical technical objectives rather than speculative extremes.

On the downside, the recent higher low becomes the key reference point. A decisive break below that level would delay the re-rating thesis and suggest further consolidation is required.

Conclusion

Inomin Mines Inc. remains an exploration-stage company, and with that comes inherent volatility and risk. However, Beaver has demonstrated scale and continuity. Lynx introduces district-level expansion potential, metallurgical results are encouraging, infrastructure is strong, and the presence of Sumitomo reduces funding uncertainty while providing third‑party validation from one of Japan's largest and most respected mining organizations.

The technical structure is transitioning from deterioration to stabilization, with higher lows forming beneath a well-defined resistance band. If resistance converts to support, the valuation response could be meaningful relative to current levels.

For investors comfortable with early-stage critical minerals exploration and the potential rewards that accompany district-scale discovery, Inomin Mines Inc. (MINE:TSXV; IMC:FRA) warrants consideration, and I believe it is a Speculative Buy at the current share price of ~CA$0.085.

Investors wanting more information on Inomin Mines can visit their website here.


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Important Disclosures:

  1. For this article, the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,050.
  2. As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Inomin Mines Inc.
  3. Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a  U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
  4. Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
  5. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.

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John Newell Disclaimer

As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.





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