TSX-V: IZN
This presentation contains certain statements that may be deemed "forward-looking statements". All statements in thispresentation, other than statements of historical fact, that address future production, reserve potential, explorationdrilling, exploitation activities and events or developments that the Company expects to occur, are forward-lookingstatements. 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" andsimilar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Information inferredfrom the interpretation of drilling results and information concerning mineral resource estimates may also be deemed tobe forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a projectis actually developed.
Although the Company believes the expectations expressed in such forward-looking statements are based onreasonable assumptions, such statements are not guarantees of future performance and actual results may differmaterially from those in the forward-looking statements. Factors that could cause the actual results to differ materiallyfrom those in forward-looking statements include market prices, exploitation and exploration successes, and continuedavailability of capital and financing, and general economic, market or business conditions. Investors are cautioned thatany such statements are not guarantees of future performance and actual results or developments may differ materiallyfrom those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimatesand opinions of the Company's management on the date the statements are made. The Company undertakes noobligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, orother factors, should change.
Chris Staargaard, P.Geo., a Qualified Person as defined in NI43-101, has approved the technical content of thispresentation.
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Cautionary Statement
TSX-V: IZN
InZinc MiningEmerging Low-Cost Mid-Tier Zinc Producer
100% interest in the West Desert zinc-iron-copper project in Utah
o One of the best located and larger undeveloped zinc resources
Excellent results from updated West Desert PEA (April 2014)
o One of best returning zinc projects within peer group
o Simple, conventional mining and processing
o Significant upside potential
Drill program first step in pre-feasibility
Ready for the metal cycle
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TSX-V: IZN
Issued and Outstanding 72,205,419Warrants 4,866,819Options 2,650,000
Fully Diluted 79,722,238
Institutional Shareholders 17.6%Management/Board (fully diluted) 17.8%
Working Capital C$1.05 millionShare Price (6-8-15) C$0.11Market Cap C$7.9 million
InZinc MiningCapital Structure
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TSX-V: IZN
Chris Staargaard, M.Sc. (Geochemistry), P.GeoPresident, CEO, Director35+ years worldwide exploration experience with Kennecott, Kidd Creek, Homestake and as consultant to numerous public companies and investment dealers; with InZinc since inception in 2002
Ken Puchlik, M.Sc. (Geology)Utah-based Consultant30+ 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
Joyce Musial, B.Sc. (Hons) in GeologyCorporate Communications25+ years experience in resource sector with focus on investor relations, communication, corporate development, and community, governmental & aboriginal relations
Steve Vanry, C.F.A, C.I.M.CFO17 years experience in strategic planning, regulatory compliance and financial reporting with publicly traded natural resource companies
Kerry Curtis, B.Sc. (Geology), P.Geo.Chairman, Director Chair of Compensation Committee30 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
Wayne Hubert, B.Sc. (Eng), MBA Utah-based Director Chair of Audit Committee20+ 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 Chair of Governance Committee30 years specializing in international mining law and finance; former VP – Corporate Development and Counsel for Exeter Resource Corp.
InZinc Mining Ltd.Board Focused on Delivering Value
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TSX-V: IZN
West Desert Project Excellent Jurisdiction – Surrounded by Infrastructure
Utah business and mining friendly
Mine permitting straightforward and efficient
Easy logistics
Road access and grid power
Multiple transcontinental rail networks within 90 km
Interstate gas pipeline within 90 km
Multiple US ports provide access to global shipping networks
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TSX-V: IZN
UTAH
BINGHAM COPPER
WESTDESERT
160 km southwest of Salt Lake City, Utah
Paved road to within 30 km – all weather gravel roads to property
Railheads within 90 km
Grid power at site
Two major power plants within 90 km
Natural gas pipeline within 90 km
Close to Bingham Copper – one of the world’s most prolific copper mines contributing $1.2B to Utah’s economy yearly for 100+ years
Utah is a politically stable, business friendly jurisdiction in which mines are being permitted
West Desert Project The Right Address
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NEVADA
TSX-V: IZN
West Desert Project Low Project Execution Risk
No major towns or communities in close proximity to the project
Resources are almost entirely contained on private land
InZinc owns water rights – two water wells on property
All exploration permits, bonds in place to continue work
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WEST DESERT DEPOSIT
TSX-V: IZN
West Desert Project2014 Independent PEA Highlights
1.6 billion lbs LOM zinc production
Important by-products include iron, copper, indium
After tax economics:o 23% IRR
o $258M NPV8
o $377M NPV5
14.8 year mine life
3.7 year payback
$247M initial CAPEX
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Note 1: 100% equity basis; US$; zinc = $1 /lb, copper = $3 /lb, iron = $105 /t, indium = $600 /kg, silver = $21 /oz, gold = $1,300 /oz.
Note 2: The PEA is considered preliminary in nature. It includes Inferred mineral resources that are considered too speculative to have the economic considerations applied that would enable classification as mineral reserves. There is no certainty that the conclusions within the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
TSX-V: IZN
West Desert ProjectLarge Underground Resource
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Tonnage(Mt)
ZnEq(%)
Zn(%)
Cu(%)
In(g/t)
Magnetite(%)
Zn(Mlbs)
Cu(Mlbs)
Magnetite(Mt)
Indicated 13.0 6.22 2.16 0.23 33 48 691.3 65.1 6.2
Inferred 46.0 5.57 1.76 0.22 24 48 1,781.0 224.6 22.0
* April 2014: stated at a US$ 50 GMV (Gross Metal Value) per tonne cut-off; ZnEq based on 100% recovery and Zn=$1/lb, Cu=$3/lb, Magnetite=$115/t, and In=$600/kg
TSX-V: IZN
West Desert ProjectAmenable to Low Cost, Bulk Underground Mining
Initial mining rate of 5,000 tpd
Increases to 6,500 tpd in year 3
Longhole open stoping
Access via two ramps
Conveyor haulage is cost effective and flexible
Resource open for expansion
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Proposed stopes in yellow
oxideresource
Underground Resource
Indicated 13 Mt at 6.2% ZnEqInferred 46 Mt at 5.6% ZnEq
W E
100
200
300
400
500
600
700m depth
TSX-V: IZN 12
West Desert ProjectSimple Conventional Processing Produces Three Clean Concentrates
Low IntensityMagnetic Separation
Copper Flotation
Zinc FlotationTailings
97% recovery63% Fev low SiO2, P2O5
74% recovery29% Cupayable Au, Agno penalties
92% recovery55% Znhigh indiumno penalties
IronConcentrate
CopperConcentrate
Zinc Concentrate
U/G Crushing
Surface SAG Mill
50% of milled tonnage
base metals retained in tails:grades double
CleanNon-acid generating
TSX-V: IZN
Revenue Distributionat PEA Metal Prices
West Desert ProjectMultiple Projected Payable Metals
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Commodity Units Annual LOM
Zinc M lbs 107.9 1,594.3
Magnetite (iron) M t 1.0 14.5
Copper M lbs 9.9 146.7
Indium t 38.3 566.1
Gold K oz 7.6 113.0
Silver K oz 76.9 1,137.0
Zinc42%
Copper15%
Indium12%
Magnetite25%
Gold5%
Silver1%
TSX-V: IZN 14
West Desert ProjectCash Costs (C1) in the Lowest 5% of Global Production
C1 - Direct Cash Cost ($0.04)/lb
C2 - Production Cost $0.45/lb
C3 - Fully Allocated Cost $0.50/lb
C1 Cost ($/lb payable Zn)
Wes
tDes
ert
(after Brook Hunt / Wood Mackenzie, Lundin Mining, Jan 2014)
TSX-V: IZN 15
West Desert ProjectWell Leveraged to Zinc Price
ZincPrice($/lb)
Pre-Tax (M $) After-Tax (M $)Payback (Years)NPV (5%) NPV (8%) IRR NPV (5%) NPV (8%) IRR
0.80 312 208 19% 238 146 17% 4.9
1.00 507 357 27% 377 258 23% 3.7
1.20 693 506 34% 507 363 29% 3.0
Note: Base case in bold; US$
TSX-V: IZN
West Desert ProjectSignificant Upside Potential
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Expand higher grade, zinc-rich resource in three directions
Add recoverable zinc and copper at depth - within the current magnetite resource
Discover additional mineralized zones
Optimize transportation costs for iron concentrate (magnetite)
Reduce cost of tailings facility
Evaluate recovery of molybdenum in deeper parts of deposit
Evaluate near surface oxide zinc mineralization
TSX-V: IZN
OPEN
0m surface
100
200
300
400
500
600
700m depth
OPEN
W E
West Desert ProjectOpen for Expansion and New Discoveries
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Historic 2.7M ozsilver mine
3.05m intercept @ 7.65% Zn, 3.5% Cu, 0.17% MoS2,
28 g/t Agzone of multiple molybdenum intercepts
TSX-V: IZN
West Desert ProjectNext Steps: Continuing to Build Value
Pre-feasibility study to commence with drilling
o Phase 1 infill drilling to upgrade resource classification
o Phase 2 infill and expansion drilling
Additional objectives
o Baseline studies for permitting
o Build on favourable initial metallurgy of near surface oxide resources
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TSX-V: IZN
West Desert ProjectProposed Drilling – Plan View
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ResourceFootprint
Historic SilverMine
Phase 1 drilling
Phase 2 drilling
Existing drill holes 100m
TSX-V: IZN
Why Invest in Zinc?A Key Industrial Metal
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* ILZSG (2015)
consumer products
6%
industrial machinery
7%
infrastructure16%
transport20%
construction51%
Global Market
By First Use By End Use
0
2
4
6
8
10
12
14
16
2008 2009 2010 2011 2012 2013 2014
mill
ions
of t
onne
s Zn
Production
Consumption
other4%
oxides and chemicals
6%
semi‐manufact.products
6%
die‐casting alloys17%
brass semis and castings17%
galvanizing50%
TSX-V: IZN
Zinc Inventories Decreasing: Unlike Copper, Nickel
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*Bloomberg data from May 21, 2015 Scotia Daily Mining Scoop
TSX-V: IZN
InZinc Mining
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An Emerging Low-Cost Mid-Tier Zinc Producer
Mid-tier zinc production potential
Important byproduct iron, copper and indium
Very favorable location resulting in lower capital requirement and straightforward permitting
One of the lowest cost potential producers
One of the highest returning projects in peer group
Significant upside potential
Drill program first step in pre-feasibility
Permitted for drilling
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