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International Minerals Announces Metallurgical and Drill Results From Goldfield Project, Nevada

20.03.2012  |  Marketwired
Gold Intercepts Include 40m at 6.8 g/t

SCOTTSDALE, AZ -- (Marketwire) -- 03/20/12 -- International Minerals Corporation (TSX: IMZ) (SWISS: IMZ) announces additional drill results from its 100%-owned Goldfield gold project in southern Nevada where IMZ anticipates completing a feasibility study in the third quarter of 2012. The Company is also pleased to announce positive results from a series of metallurgical tests on mineralized material from the project.

The Goldfield Project comprises three main mineralized areas, Gemfield, McMahon Ridge and Goldfield Main (see attached map in Appendix 1). In addition the property contains several identified exploration targets which are currently being evaluated.


The new drill assay results include reverse circulation ("RC") and core drill holes designed to define, extend and upgrade the existing mineral resources at the Gemfield deposit as part of an ongoing feasibility study that is scheduled to be completed in the third quarter of 2012. Gemfield represents the largest percentage of the currently known mineral resources at the Goldfield project.

New assay results for 24 core holes totaling 5,619m and 62 RC drill holes totaling 8,590m are summarized in Appendix 2. The samples were submitted to the Inspectorate laboratory in Reno, Nevada for sample preparation and analysis, along with standards of known gold grade for quality control.


To date IMZ has reported drill assay results for a total of 244 RC and 43 core drill holes totaling 56,842m at the Goldfield project.


Definition/Extension/Exploration Drilling Program

Highlights of the new assay results from the Gemfield area include the following intercepts:


  • 24.4m at 3.1 g/t in drill hole Gemc006 (core)

  • 12.2m at 3.1 g/t in Gemc 025 (core)

  • 38.1m at 2.1 g/t in Gemc 026 (core)

  • 50.3m at 1.2 g/t in Gemc 029 (core)

  • 67.1m at 2.6 g/t in Gemc 030 (core)

  • 25.9m at 2.7 g/t in Gem 434 (RC)

  • 44.2m at 1.7 g/t in Gem 436 (RC)

  • 39.6m at 6.8 g/t in Gem 443 (RC)


Note: All uncut average gold grades; true widths are between 70% and 100% of drill intercept width.

The Extension Drilling program has been focused in the southeast part of the Gemfield deposit as well as the down-dip extension to the west of Gemfield, the latter program being designed to define the distance that the State Highway 95 needs to be relocated so as not to sterilize any potential future extensions of the Gemfield deposit.

The Definition Drilling program has two main aims: (a) to upgrade areas of inferred resources to the measured or indicated category: and (b) to better define the known high-grade zones within the deposit. This definition drilling will help increase the quality of the resource estimation that is being conducted as part of the ongoing feasibility study for the Goldfield project.

Metallurgical results:


Final results have been received for column leach tests on composites generated from the Gemfield and McMahon Ridge deposits. The results show that the Gemfield composites returned metallurgical gold recoveries of 85 to 90%, whilst the composites from McMahon Ridge gave metallurgical gold recoveries from 36 to 79%.

Overall metallurgical recovery to be used in the ongoing feasibility study has not yet been defined by IMZ, but is expected to be in the range of 80 to 90% for Gemfield and 60 to 70% for McMahon Ridge.

The composites were generated from down-hole intercepts of similar grade and lithology and submitted to McClelland Laboratories, Inc. in Reno, Nevada for column leach testing, where they were crushed to 100% passing 12.5mm and leached for 60 days.


Table 1. Gemfield Deposit Metallurgical Testwork Results

----------------------------------------------------------------------------
Head Grade (g/t)
Composite Description Gold(1) Gold Recovery (%)
----------------------------------------------------------------------------
Low Grade 0.2 - 0.5 g/t gold 0.38 86.8
----------------------------------------------------------------------------
Medium Grade 0.5 - 1.5 g/t gold 1.16 89.7
----------------------------------------------------------------------------
High Grade 1.5 - 7 g/t gold 4.04 84.9
----------------------------------------------------------------------------
Very High Grade Greater than 7 g/t 7.90 90.2
----------------------------------------------------------------------------

Note 1: Head grade is a back-calculated grade using gold extracted in solution and final tail assays.


Table 2. McMahon Ridge Deposit Metallurgical Testwork Results

----------------------------------------------------------------------------
Head Grade Gold
Composite Description (2) (g/t) Recovery
Gold(1) (%)
----------------------------------------------------------------------------
Low Grade Low Cyanide 0.15 - 0.55 g/t gold and
Soluble CN Sol/FA ratio 0 - 0.33 0.38 52.6
----------------------------------------------------------------------------
Low Grade Medium Cyanide 0.15 - 0.55 g/t gold and
Soluble CN Sol/FA ratio 0.34 - 0.66 0.31 61.3
----------------------------------------------------------------------------
Low Grade High Cyanide 0.15 - 0.55 g/t gold and
Soluble CN Sol/FA ratio 0.67 - 1 0.28 78.6
----------------------------------------------------------------------------
Medium Grade Low Cyanide 0.55 - 1.5 g/t gold and
Soluble CN Sol/FA ratio 0 - 0.33 1.11 36.0
----------------------------------------------------------------------------
Medium Grade Medium Cyanide 0.55 - 1.5 g/t gold and
Soluble CN Sol/FA ratio 0.34 - 0.66 0.81 61.7
----------------------------------------------------------------------------
Medium Grade High Cyanide 0.55 - 1.5 g/t gold and
Soluble CN Sol/FA ratio 0.67 - 1 1.09 78.6
----------------------------------------------------------------------------
High Grade Low Cyanide Greater than 1.5 g/t gold and
Soluble CN Sol/FA ratio 0 - 0.33 3.90 54.6
----------------------------------------------------------------------------
High Grade Medium Cyanide Greater than 1.5 g/t gold and
Soluble CN Sol/FA ratio 0.34 - 0.66 4.01 60.6
----------------------------------------------------------------------------
High Grade High Cyanide Greater than 1.5 g/t gold and
Soluble CN Sol/FA ratio 0.67 - 1 7.80 56.0
----------------------------------------------------------------------------

Note 1: Head grade is a back-calculated grade using gold extracted in solution and final tail assays.

Note 2: CN Sol/FA ratio refers to the results of laboratory cyanide shake tests compared to gold fire assay results. Industry-wide, the cyanide shake test is considered to be a good indicator of a sample's amenability to cyanide leaching, although it is not considered a true metallurgical test and only provides indicative results suitable for metallurgical domain definition.



Feasibility Study Update

The independent feasibility study on the Gemfield and McMahon Ridge deposits will be carried out by Micon International Limited of Toronto, Canada and is expected to be complete in mid-2012, and will determine the economic viability of two open pit mines providing feed to a central heap leach process operation. Data relative to the Goldfield Main deposit is not being included in the current feasibility study as IMZ believes the known mineralization is not amenable to heap leaching. Data from Goldfield Main deposit will, however, be analyzed in the near future as part of an envisaged project expansion to include a milling scenario with agitation leaching.


Environmental and Permitting

The Environmental Baseline Study (EBS) has advanced significantly in the following areas: hydrogeology/hydrology, geochemistry, archaeology, selected biological aspects and socioeconomic baseline. The remaining field studies will be completed during the spring/early summer of 2012 with final reporting in the third quarter. The Plan of Operations (PoO) will be developed based on the Feasibility Study. Water rights acquisition for the project is also in progress.

IMZ initiated discussions with the US Bureau of Land Management (BLM) during the second half of 2011. The key message was that BLM has a fast-tracking mechanism in place for permitting in order to expedite project development, with timelines ranging from 12 to 18 months.

The PoO and EBS have been targeted for completion and submission to the BLM in the summer of 2012, and subject to their approval, these milestones will trigger the initiation of the permitting process, which is anticipated to be completed by the end of calendar year 2013.

There have also been meetings and consultation with the appropriate authorities of Esmeralda and Nye Counties, as well as local Goldfield and Tonopah residents. Both the residents and the county officials have continued to provide support and positive feedback for the Goldfield project.


Existing Goldfield Project Mineral Resources

The current estimated mineral resources for the overall Goldfield project are:


Gemfield and McMahon Ridge Deposits


  • 826,000 ounces of Measured and Indicated resources, contained in 22.7 million tonnes ("Mt") at an average grade of 1.1 g/t gold; and



  • 25,000 ounces of Inferred resources, contained in 1.1 Mt at an average grade of 0.7 g/t gold.



Goldfield Main Deposit


  • 421,000 ounces of Measured and Indicated resources, contained in 8.5 Mt at an average grade of 1.5 g/t gold; and



  • 360,000 ounces of Inferred resources, contained in 6.6 Mt at an average grade of 1.7 g/t gold.



The gold cut-off grades used were 0.34 g/t for Gemfield and McMahon Ridge and 0.4 g/t for Goldfield Main.


Mineral resource estimates at the Goldfield project have been conducted separately for the Goldfield Main deposit and the Gemfield/McMahon Ridge deposits:


  • at Goldfield Main, the mineral resources were estimated in 2011 by Qualified Person ("QP") R.Mohan Srivastava P.Geo (see IMZ press release dated February 1st, 2011).



  • at Gemfield and McMahon Ridge, the mineral resources were estimated in 2005 by Watts, Griffis and McOuat, with John R. Sullivan, P.Geo as the QP.


About International Minerals


International Minerals is a silver-gold producer, explorer and developer with silver-gold production from its 40%-owned Pallancata Mine in Peru, which is operated by Hochschild and in 2011 was one of the top-10 primary silver mines in the world. Production for Pallancata in calendar year 2011 was approximately 8.8 million ounces of silver and 34,000 ounces of gold (on a 100% project basis). Also in Peru and partnered with Hochschild is the Inmaculada project, which is scheduled to be in production by December 2013 and produce approximately 124,000 ounces of gold and 4.2 million ounces of silver a year on a 100% project basis (IMZ owns 40%).


In addition to Inmaculada and Pallancata, IMZ also owns a 100% ownership interests in advanced stage gold projects in Nevada (Goldfield and Converse) and variable interests in gold projects in Ecuador (Rio Blanco 100% and Gaby 60%).


IMZ also holds a 3% NSR royalty from Barrick Gold Corporation's Ruby Hill gold mine in Nevada, which produced approximately 128,000 gold ounces in 2011.


IMZ is listed on the Toronto Stock Exchange (since 1994) and the Swiss Stock Exchange (since 2002).


The technical information reported in this news release was reviewed by IMZ's Qualified Person, VP Corporate Development, Nick Appleyard.


To acess this news release from IMZ's website, please click this link:
http://www.intlminerals.com/newsreleases.php.

Cautionary Statement:


Some of the statements contained in this release are "forward-looking statements" within the meaning of Canadian securities law requirements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding mineral resource estimates and planned feasibility studies. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks of estimating mineral resources, risk of scale-up of laboratory metallurgical testwork, risks of timely completion of feasibility and other technical studies and other risks and uncertainties detailed in the Company's Renewal Annual Information Form for the year ended June 30, 2011, which is available at www.sedar.com under the Company's name. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Appendix 2: Goldfield Project- Significant Drill Results

IMZ News Release dated March 20, 2012



---------------------------------------------------------------------
Drill Hole Number Type Easting (ft) Northing (ft) Elevation (ft)
---------------------------------------------------------------------
GEMC006 Core 47,206 46,800 5,602
---------------------------------------------------------------------

---------------------------------------------------------------------

---------------------------------------------------------------------
GEMC007 Core 49,397 46,988 5,548
---------------------------------------------------------------------
GEMC008 Core 49,987 48,797 5,514
---------------------------------------------------------------------
GEMC009 Core 50,597 49,967 5,498
---------------------------------------------------------------------
GEMC010 Core 47,627 46,242 5,593
---------------------------------------------------------------------
GEMC011 Core 47,435 47,072 5,593
---------------------------------------------------------------------
GEMC012 Core 48,032 47,750 5,575
---------------------------------------------------------------------
GEMC013 Core 48,631 46,789 5,568
---------------------------------------------------------------------
GEMC014 Core 46,695 46,798 5,617
---------------------------------------------------------------------
GEMC015 Core 46,987 46,410 5,613
---------------------------------------------------------------------
GEMC016 Core 46,991 46,001 5,610
---------------------------------------------------------------------
GEMC017 Core 47,600 46,100 5,593
---------------------------------------------------------------------
GEMC018 Core 46,692 47,387 5,610
---------------------------------------------------------------------
GEMC019 Core 46,991 47,802 5,600
---------------------------------------------------------------------
GEMC021 Core 46,985 48,215 5,594
---------------------------------------------------------------------
GEMC022 Core 46,983 48,598 5,594
---------------------------------------------------------------------
GEMC023 Core 47,509 48,401 5,578
---------------------------------------------------------------------
GEMC024 Core 47,499 47,608 5,588
---------------------------------------------------------------------
GEMC025 Core 47,085 48,398 5,590
---------------------------------------------------------------------
GEMC026 Core 46,974 47,006 5,606
---------------------------------------------------------------------
GEMC027 Core 47,641 46,306 5,590
---------------------------------------------------------------------
GEMC028 Core 47,952 47,001 5,582
---------------------------------------------------------------------
GEMC029 Core 47,952 47,001 5,582
---------------------------------------------------------------------
GEMC030 Core 49,049 47,197 5,550
---------------------------------------------------------------------
GEM410 RC 48,252 47,095 5,574
---------------------------------------------------------------------

---------------------------------------------------------------------
GEM411 RC 46,996 46,591 5,610
---------------------------------------------------------------------
GEM412 RC 47,492 46,400 5,598
---------------------------------------------------------------------
GEM413 RC 47,411 46,192 5,602
---------------------------------------------------------------------

---------------------------------------------------------------------
GEM414 RC 49,802 46,999 5,538
---------------------------------------------------------------------
GEM415 RC 49,799 47,403 5,533
---------------------------------------------------------------------
GEM416 RC 50,198 47,405 5,517
---------------------------------------------------------------------
GEM417 RC 49,802 47,797 5,532
---------------------------------------------------------------------
GEM418 RC 49,798 48,203 5,524
---------------------------------------------------------------------
GEM419 RC 50,190 48,205 5,515
---------------------------------------------------------------------
GEM420 RC 50,601 49,196 5,497
---------------------------------------------------------------------
GEM421 RC 51,000 49,200 5,501
---------------------------------------------------------------------
GEM422 RC 51,002 50,390 5,478
---------------------------------------------------------------------
GEM423 RC 51,404 50,401 5,478
---------------------------------------------------------------------
GEM424 RC 51,000 49,986 5,488
---------------------------------------------------------------------
GEM425 RC 50,998 49,588 5,493
---------------------------------------------------------------------
GEM426 RC 51,407 49,998 5,489
---------------------------------------------------------------------
GEM427 RC 51,402 49,604 5,500
---------------------------------------------------------------------
GEM428 RC 50,599 50,396 5,484
---------------------------------------------------------------------
GEM429 RC 51,811 49,600 5,514
---------------------------------------------------------------------
GEM430 RC 51,808 49,985 5,499
---------------------------------------------------------------------
GEM431 RC 46,695 46,799 5,616
---------------------------------------------------------------------
GEM432 RC 48,974 47,601 5,550
---------------------------------------------------------------------
GEM433 RC 48,764 47,649 5,555
---------------------------------------------------------------------
GEM434 RC 48,821 47,649 5,554
---------------------------------------------------------------------
GEM435 RC 49,007 47,652 5,549
---------------------------------------------------------------------

---------------------------------------------------------------------
GEM436 RC 48,976 47,703 5,550
---------------------------------------------------------------------
GEM437 RC 48,867 47,700 5,553
---------------------------------------------------------------------
GEM438 RC 48,762 47,696 5,557
---------------------------------------------------------------------
GEM439 RC 49,068 47,749 5,548
---------------------------------------------------------------------

---------------------------------------------------------------------
GEM440 RC 49,012 47,749 5,549
---------------------------------------------------------------------

---------------------------------------------------------------------
GEM441 RC 48,917 47,750 5,552
---------------------------------------------------------------------
GEM442 RC 48,970 47,799 5,550
---------------------------------------------------------------------
GEM443 RC 48,870 47,799 5,553
---------------------------------------------------------------------
GEM444 RC 48,759 48,000 5,551
---------------------------------------------------------------------
GEM445 RC 48,709 48,052 5,550
---------------------------------------------------------------------
GEM446 RC 48,877 48,150 5,546
---------------------------------------------------------------------
GEM447 RC 48,712 48,151 5,545
---------------------------------------------------------------------
GEM448 RC 48,881 48,201 5,544
---------------------------------------------------------------------
GEM449 RC 48,775 48,200 5,542
---------------------------------------------------------------------
GEM450 RC 48,896 48,250 5,541
---------------------------------------------------------------------
GEM451 RC 48,784 48,250 5,541
---------------------------------------------------------------------
GEM452 RC 48,987 48,299 5,538
---------------------------------------------------------------------
GEM453 RC 48,879 48,299 5,538
---------------------------------------------------------------------
GEM454 RC 48,774 48,300 5,541
---------------------------------------------------------------------
GEM462 RC 49,248 47,201 5,549
---------------------------------------------------------------------
GEM463 RC 49,152 47,008 5,554
---------------------------------------------------------------------
GEM464 RC 48,649 46,803 5,567
---------------------------------------------------------------------
GEM465 RC 49,050 46,800 5,557
---------------------------------------------------------------------
GEM466 RC 48,850 46,800 5,562
---------------------------------------------------------------------

---------------------------------------------------------------------
GEM467 RC 49,250 46,800 5,552
---------------------------------------------------------------------
GEM468 RC 49,050 47,200 5,549
---------------------------------------------------------------------
GEM469 RC 49,250 46,600 5,547
---------------------------------------------------------------------
GEM470 RC 49,050 46,600 5,553
---------------------------------------------------------------------
GEM471 RC 48,850 46,600 5,559
---------------------------------------------------------------------

---------------------------------------------------------------------
GEM472 RC 49,150 46,400 5,549
---------------------------------------------------------------------
GEM473 RC 48,950 46,400 5,557
---------------------------------------------------------------------
GEM474 RC 48,850 46,400 5,561
---------------------------------------------------------------------

---------------------------------------------------------------------

---------------------------------------------------------------------
GEM475 RC 48,650 46,400 5,568
---------------------------------------------------------------------

---------------------------------------------------------------------
GEM476 RC 48,650 46,600 5,561
---------------------------------------------------------------------
GEM477 RC 49,050 46,300 5,553
---------------------------------------------------------------------



---------------------------------------------------------------------
Depth (m) Azimuth Dip From (m) To (m) Intercept (m) Gold (g/t)
---------------------------------------------------------------------
280 -90 212 236 24.39 3.13
---------------------------------------------------------------------
236 243 No Recovery
---------------------------------------------------------------------
243 247 3.66 0.75
---------------------------------------------------------------------
157 -90 NSV
---------------------------------------------------------------------
271 90 -60 NSV
---------------------------------------------------------------------
243 90 -60 NSV
---------------------------------------------------------------------
253 35 -80 218 224 6.1 0.99
---------------------------------------------------------------------
191 105 -80 159 165 6.1 0.54
---------------------------------------------------------------------
171 140 -80 NSV
---------------------------------------------------------------------
87 296 -80 17 40 22.9 0.56
---------------------------------------------------------------------
305 90 -70 NSV
---------------------------------------------------------------------
308 93 -70 247 253 6.1 0.56
---------------------------------------------------------------------
270 88 -70 NSV
---------------------------------------------------------------------
283 90 -70 238 253 15.2 0.73
---------------------------------------------------------------------
343 88 -70 256 264 7.6 0.83
---------------------------------------------------------------------
335 90 -70 206 212 6.1 0.51
---------------------------------------------------------------------
240 90 -70 NSV
---------------------------------------------------------------------
262 90 -70 NSV
---------------------------------------------------------------------
205 90 -65 NSV
---------------------------------------------------------------------
292 90 -65 NSV
---------------------------------------------------------------------
283 90 -70 236 248 12.2 3.06
---------------------------------------------------------------------
246 90 -70 165 203 38.1 2.12
---------------------------------------------------------------------
177 90 -65 108 128 19.8 2.08
---------------------------------------------------------------------
167 90 -50 107 130 22.9 4.80
---------------------------------------------------------------------
97 270 -45 37 87 50.3 1.15
---------------------------------------------------------------------
155 -90 30 98 67.1 2.56
---------------------------------------------------------------------
259 -90 130 139 9.1 1.38
---------------------------------------------------------------------
146 175 29.0 0.59
---------------------------------------------------------------------
320 -90 262 268 6.1 0.77
---------------------------------------------------------------------
250 -90 200 207 7.6 1.50
---------------------------------------------------------------------
280 -90
---------------------------------------------------------------------
280 220 224 4.6 1.04
---------------------------------------------------------------------
183 -90 NSV
---------------------------------------------------------------------
183 -90 NSV
---------------------------------------------------------------------
213 -90 NSV
---------------------------------------------------------------------
226 -90 168 172 4.6 0.53
---------------------------------------------------------------------
213 -90 NSV
---------------------------------------------------------------------
213 -90 NSV
---------------------------------------------------------------------
244 -90 NSV
---------------------------------------------------------------------
128 -90 NSV
---------------------------------------------------------------------
213 -90 NSV
---------------------------------------------------------------------
183 -90 81 95 13.7 0.55
---------------------------------------------------------------------
226 -90 NSV
---------------------------------------------------------------------
216 -90 NSV
---------------------------------------------------------------------
238 -90 2 11 9.1 0.95
---------------------------------------------------------------------
213 -90 NSV
---------------------------------------------------------------------
201 -90 NSV
---------------------------------------------------------------------
189 -90 37 43 6.1 0.52
---------------------------------------------------------------------
168 -90 NSV
---------------------------------------------------------------------
152 90 -70 NSV
---------------------------------------------------------------------
61 90 -70 12 32 19.8 0.54
---------------------------------------------------------------------
67 90 -70 30 56 25.9 0.74
---------------------------------------------------------------------
61 90 -70 32 58 25.9 2.73
---------------------------------------------------------------------
61 90 -70 11 30 19.8 1.23
---------------------------------------------------------------------
40 53 13.7 0.51
---------------------------------------------------------------------
61 90 -70 9 53 44.2 1.72
---------------------------------------------------------------------
61 90 -70 26 56 30.5 1.19
---------------------------------------------------------------------
61 90 -70 30 55 24.4 1.43
---------------------------------------------------------------------
61 90 -70 6 21 15.2 0.67
---------------------------------------------------------------------
27 37 9.1 0.56
---------------------------------------------------------------------
61 90 -70 27 38 10.7 0.53
---------------------------------------------------------------------
50 55 4.6 0.61
---------------------------------------------------------------------
61 90 -70 49 59 10.7 1.53
---------------------------------------------------------------------
67 90 -70 14 53 39.6 6.75
---------------------------------------------------------------------
67 90 -70 26 50 24.4 1.56
---------------------------------------------------------------------
61 90 -70 46 59 13.7 0.56
---------------------------------------------------------------------
61 90 -70 38 46 7.6 1.45
---------------------------------------------------------------------
61 90 -70 21 29 7.6 0.70
---------------------------------------------------------------------
70 90 -70 49 58 9.1 1.55
---------------------------------------------------------------------
61 90 -70 30 44 13.7 0.99
---------------------------------------------------------------------
61 90 -70 41 59 18.3 0.88
---------------------------------------------------------------------
61 90 -70 6 44 38.1 3.16
---------------------------------------------------------------------
61 90 -70 34 58 24.4 2.61
---------------------------------------------------------------------
61 90 -70 5 24 19.8 0.67
---------------------------------------------------------------------
61 90 -70 11 40 29.0 1.63
---------------------------------------------------------------------
61 90 -70 30 50 19.8 0.64
---------------------------------------------------------------------
111 90 -70 NSV
---------------------------------------------------------------------
107 90 -70 73 79 6.1 0.51
---------------------------------------------------------------------
91 90 -70 14 20 6.1 0.73
---------------------------------------------------------------------
152 90 -70 63 108 45.7 0.71
---------------------------------------------------------------------
134 90 -70 78 84 6.1 0.62
---------------------------------------------------------------------
104 110 6.1 0.51
---------------------------------------------------------------------
152 90 -70 99 113 13.7 0.57
---------------------------------------------------------------------
107 90 -70 NSV
---------------------------------------------------------------------
152 90 -70 NSV
---------------------------------------------------------------------
152 90 -70 NSV
---------------------------------------------------------------------
142 90 -70 41 46 4.6 1.04
---------------------------------------------------------------------
119 130 10.7 0.97
---------------------------------------------------------------------
152 90 -70 43 66 22.9 0.88
---------------------------------------------------------------------
152 90 -70 75 85 10.7 0.51
---------------------------------------------------------------------
152 90 -70 76 87 10.7 0.66
---------------------------------------------------------------------
108 123 15.2 0.63
---------------------------------------------------------------------
134 142 7.6 0.65
---------------------------------------------------------------------
134 90 -70 73 88 15.2 0.89
---------------------------------------------------------------------
104 108 4.6 0.82
---------------------------------------------------------------------
105 90 -70 47 66 18.3 0.75
---------------------------------------------------------------------
168 90 -70 46 53 7.6 0.75
---------------------------------------------------------------------


NOTE: NSV means No Significant Values. True width is estimated to be between 70 to 100% of the drill intersection width. Grid coordinates in the USA are quoted in feet. However the information pertaining to the drill depth, intercepts and assays are all quoted in metric units.


Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1923460

For additional information, contact:


In North America

Paul Durham

Vice President Corporate Affairs Relations

Tel: +1 203 940 2538


In Europe

Oliver Holzer

Marketing Consultant

Tel: +41 44 853 00 47


Or email us at: Email Contact


Internet Site: http://www.intlminerals.com


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