International Millennium Mining Corp.

International Millennium Mining Corp.

May 16, 2008 09:00 ET

Drilling Commenced at International Millennium Cobalt Area Property

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2008) - International Millennium Mining Corp. ("IMMC" or the "Company") (TSX VENTURE:IMI)(FRANKFURT:L9J) has commenced diamond drilling in an area near the Waldman mine on its Cobalt Area Property in north eastern Ontario. The drilling contract with Cabo Drilling Corp. for an initial 2,500 meters of diamond drilling is to test several strong targets identified by a MMI (mobile metal ion) sampling program completed over the Cobalt Area property in the past year (see the Company's news release of January 10, 2008).

David G. Mark, P.Geo, a qualified person under policy NI 43-101, together with Cobalt area geologist, Alan Kon, met with Company management to select locations for the drill holes in this initial program based upon anomalous MMI results occurring on a grid in Gillies Limit North Township in close proximity to the Waldman Mine Shaft.

Past production from mines within 3,000 meters of the property was mostly from arsenide silver/cobalt mineralization occurring in narrow, but very rich veins (in the thousands of ounces Ag per ton range). Consequently, MMI anomalies occurring in this area are strong drill targets. The anomalies range in strike length from 100 meters up to possibly 750 meters (production in the past was from veins with strike lengths varying from 30 to 100 meters).

The drilling program will also pursue base metal sulphide type mineralization which is known to occur in the area.

A number of former producers are located on the Company's property and twelve former mines to the east of the IMMC drill project produced in excess of 100 million ounces of silver, along with cobalt, copper, and nickel. SMC (Canada) Ltd. currently has a mill operating 500 meters east of the drill site.

International Millennium Mining Corp. is a mineral exploration and development company engaged in the acquisition and exploration of polymetallic mineral properties in Canada and the Americas. To date, the Company has acquired and is exploring mineral properties in British Columbia and Ontario, Canada; Nevada, USA; and Sonora State, Mexico. Emerging mineral targets include silver, gold, cobalt, molybdenum, zinc, lead, nickel, copper and platinum group metals. The Company's common shares trade on the Frankfurt Exchange under the symbol: L9J and on the TSX Venture Exchange under the symbol: IMI.


John A. Versfelt, President & CEO

Further information about the Company can be found on SEDAR (

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes and other business transactions timing. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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

Contact Information

  • International Millennium Mining Corp.
    Mr. John A. Versfelt
    President & CEO
    (604) 984-9907
    International Millennium Mining Corp.
    Mr. D. Alex Caldwell
    Corporate Secretary
    (604) 984-9907
    (604) 983-8056 (FAX)