November 27, 2008 11:24 ET

Inter-Rock Reports Third Quarter Results

TORONTO, ONTARIO--(Marketwire - Nov. 27, 2008) - Inter-Rock Minerals Inc. (TSX VENTURE:IRO) reported today its third quarter 2008 earnings. Inter-Rock had no income or loss for the quarter, compared to income of $118,000 for the same period in 2007. Third quarter EBITDA decreased to US$174,000 from US$377,000 in 2007.


MIN-AD, Inc., Inter-Rock's industrial minerals subsidiary, reported a decrease in sales volume of 7%. The decline was exclusively due to fewer cattle-on-feed in Texas and Kansas which was a consequence of exceptionally high feed ingredient costs. Sales volumes in all other regions either increased or were steady. Volumes have increased in the fourth quarter due to a seasonal increase in feedlot populations and declining feed costs.

Mineral Properties

A drilling permit application has been submitted for a first phase of drilling at Inter-Rock's Stinagree Valley property. The primary purpose of phase one will be to test observed geophysical anomalies in order to assist with the development of a geological model.

The soil sampling program has been completed at the Sentinel property. A total of 230 samples were gathered on a 100 foot grid at both the northern section of the property and at the southern boundary of a previously outlined anomalous gold zone. Assay results have been received and a compilation of results is expected by early December.

Additional information is available at and on SEDAR at

No stock exchange or securities regulatory authority has reviewed or accepts responsibility for the adequacy or accuracy of this release.

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