After the last rate hike by the Federal Reserve on May 3, 2023, a more dovish stance seems in the cards, being favorable for gold, which printed an  all - time high of US$2082/oz Au that day. Inomin Mines (MINE.V)(FRA:IMC) is primarily focusing on their magnesium-nickel Beaver-Lynx project in British Columbia which generated a significant discovery announced last spring, but it also has several very interesting gold-silver projects in Mexico, which of course stand to benefit from the recent developments in gold.

1. Introduction

At a time where the Western hemisphere is looking to become less dependent on China and others for critical metals and minerals and is scrambling for battery metals, Inomin Mines (MINE.V)(FRA:IMC) is focusing on exploring exactly for these commodities. The company already experienced explosive drilling success in 2022 at their Beaver-Lynx project in British Columbia, by intercepting 252m of 20.6% Magnesium and 0.16% Nickel close to surface, accompanied by 4 other impressive holes.