International Gold Mining Limited
TSX VENTURE : IGL

International Gold Mining Limited

June 16, 2009 14:31 ET

International Gold Mining Limited Calls Off LOI With Atomic

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 16, 2009) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

INTERNATIONAL GOLD MINING LIMITED (TSX VENTURE:IGL) (the "Company") has decided to not proceed with the letter of intent to enter into an agreement with Australian Stock Exchange (ASX)-listed Atomic Resources to joint venture into five uranium tenements totaling 846 square kilometres in the East African republic of Tanzania, announced on September 4, 2008. Two of the tenements totaling 135 square kilometres are located in the rich Bahi/Manyoni uranium province.

The Company retains its land position in the Bahi Swamp of 2365 square kilometers across three tenements. The company's decision has been motivated by its recent uranium exploration progress at its existing tenements at Bahi/Manyoni, and seeks to focus further exploration on Bahi/Manyoni and the rest of its tenements at Bahi.

In 2008, International Gold Mining Limited reported the results of its exploration including the discovery of a high grade mineralised uranium deposit measuring 1,600 metres in length and 400 metres in width, grading up to 2.4kg/t U3O8 in the Bahi/Manyoni uranium province. The company agrees with Atomic Resources Managing Director David Holden who stated, "We believe there may be more deposits of similar or larger size in the area. Tanzania is a poor nation of 40 million people with an average age of just 17. The future of Tanzania depends on developing its mineral resources and developing vital transport and power infrastructure that will attract foreign investment, create jobs and enhance the living conditions of all Tanzanians."

International Gold Mining Limited is a junior exploration company with operations in Australia and Tanzania and trades on the TSX Venture Exchange (Canada) trading symbol IGL-V.

On behalf of the Board of Directors

INTERNATIONAL GOLD MINING LIMITED

Alan Phillips, President/CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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