International Millennium Mining Corp.

International Millennium Mining Corp.

November 08, 2011 09:01 ET

IMMC Drills 3 More Holes at Nivloc With Assays Up to 483.0 g/t Silver & 6.75 g/t Gold

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2011) - International Millennium Mining Corp. (TSX VENTURE:IMI) (the "Company" or "IMMC") reports assay results from three additional diamond drill holes at its Nivloc Silver and Gold Project located in southwestern Nevada.

The latest holes drilled on the Nivloc Property, holes 11NL-23 through 11NL-25, all intersected wide zones with greater than 4 oz/t Ag (see drill highlights and table below). These holes were drilled from pad 2 near the centre of the zone and were designed to test previously undrilled portions of the deposit below the old workings. Drilling reported to date has been from three drill pads targeting a 1,200 foot long by 600 foot vertical un-mined zone within the Nivloc Mine. This target zone lies between two partially mined areas exploited by Desert Silver between 1937 and 1942.

Five additional holes, 11NL-26 from pad 1, and 11NL-27 to 11NL-30 from pad 4 (located on the western part of the Nivloc deposit), have been completed. Drill hole 11NL-31 is in progress from pad 4. At least one additional hole is planned from pad 4 during November prior to moving the drill to a new location further towards the western end of the deposit. The IMMC drilling program at Nivloc continues to expand the mineralized zone, which remains open at depth and along strike to both the northeast and southwest.

Drill holes 11NL-23 to 11NL-25 intersected high grade lenses, enclosed by wide zones of lower grade material. Highlights include:

Drill Highlights from hole 11NL-23:
64.0 feet @ 124.4 g/t Ag and 0.69 g/t Au – Main Nivloc vein, including:
5.0 feet @ 449 g/t Ag and 1.84 g/t Au - Main Nivloc vein
Drill Highlights from hole 11NL-24:
40.5 feet @ 134.0 g/t Ag and 1.89 g/t Au – Main Nivloc vein, including:
12.0 feet @ 267.1 g/t Ag and 2.79 g/t Au - Main Nivloc vein
Drill Highlights from hole 11NL-25:
104.7 feet @ 129.0 g/t Ag and 0.85 g/t Au – Main Nivloc vein, including:
5.0 feet @ 353.0 g/t Ag and 3.97 g/t Au - Main Nivloc vein
4.0 feet @ 318.0 g/t Ag and 1.22 g/t Au - Main Nivloc vein
9.0 feet @ 260.9 g/t Ag and 2.19 g/t Au - Main Nivloc vein

Drill hole 11NL-23 intersected the Nivloc vein system between the 440 ft and 600 ft levels, in the eastern portion of the target area immediately west of the old workings. Holes 11NL-24 and 11NL-25 were located beneath the old workings between the 600 ft and 700 ft levels (11NL-24) and between the 700 ft and 800 ft levels (11NL-25). The level numbers referred to above are deemed to be approximate.

All three holes also intersected a mineralized quartz vein zone in the rocks that overlie the Main Nivloc Vein structure. This zone is thought to be oblique to the Nivloc Structure and has not been previously exploited.

Drill Hole Results
Hole No.*** AZ° Dip° Interval (ft ) Width (ft
Width (ft)
(estimated true*
) Ag (g/t ) Au (g/t ) Vein Description**
11NL-23 152 -63 424.2-429.0 4.8 N/D(2 ) 131.6 0.47 HWV
589.0-653.0 64.0 62.3 124.4 0.69 MNV
Including 636.0-649.5 13.5 13.1 273.4 1.66 MNV
Including 641.0-646.0 5.0 4.9 449.0 1.84 MNV
11NL-24 119 -78 332.5-343.0 10.5 N/D 231.0 2.51 HWV
683.5-724.0 40.5(1 ) 33.2 134.0 1.89 MNV
Including 683.5-695.5 12.0 9.8 267.1 2.79 MNV
Including 683.5-686.0 2.5 2.1 483.0 6.75 MNV
11NL-25 097 -82 397.9-413.0 15.1 N/D 100.9 0.86 HWV
737.3-842.0 104.7 61.7 129.0 0.85 MNV
Including 754.0-759.0 5.0 2.95 353.0 3.97 MNV
Including 799.8-813.2 13.4 7.8 209.4 0.94 MNV
Including 806.0-810.0 4.0 2.4 318.0 1.22 MNV
And 833.0-842.0 9.0 5.3 260.9 2.19 MNV
* Estimated true widths are calculated and may change slightly with additional structural information.
** Hanging Wall Vein (HWV); Main Nivloc Vein (MNV).
*** Previous drill hole results are set out in the Company's September 7, 2011 News Release.
(1) Hole 11NL-24 encountered a 24 foot void below the 683.5 to 724.0 ft intersection. This is assumed to be an old mining "raise" between the 600 ft and 700 ft levels.
(2) N/D = not yet determined.

As noted above, the current drilling program is focused on a target area that lies between previously mined zones within the northeast-southwest-trending Nivloc vein structure. The exploration target lies between the surface and the existing 800-foot level drift in the old mine workings. The 800 ft mine level is approximately 900 feet vertically below surface, and the vein and workings dip from minus-45 to minus-65 degrees toward the northwest. Previous mining at Nivloc focused on high-grade lenses of ore that were encountered while drifting along the vein structure. The current IMMC drilling program indicates the Nivloc structure ranges from 50 to more than 150 feet wide and contains several parallel vein zones. It appears from available data that only one of these parallel vein zones was exploited by prior mining activity. In addition to the potential for high-grade lenses similar to those mined in the past, the material between the lenses is consistently mineralized and the entire structure may have potential as a low-grade, bulk-minable deposit.

It is stressed that no tonnage or grade estimates have been calculated to date. The current drilling program is designed to generate enough reliable information to outline viable mineralized zones that can be converted to resources in compliance with NI 43-101 standards.

John A. Versfelt, president and chief executive officer of the company, states, "The Nivloc project is impressive, with its growing continuity, multiple veins and grades of silver and gold. Management is very happy with the continued drilling success at the Nivloc project."

Thomas L. Evans, PGeo, the Company's qualified person under NI 43-101 in charge of the drilling program, reviewed and approved the technical disclosure of this press release on behalf of the Company.

International Millennium Mining Corp., through its wholly owned subsidiary International Millennium Mining Inc., has an option agreement with Silver Reserve Corp. (SRC), a wholly owned subsidiary of Infrastructure Materials Corp. (OTCBB: IFAM) to acquire an 85% interest in SRC's 18 claim NL Property, which forms part of the Nivloc Property.

The drill assay intervals were calculated using the weighted average method. Drill core assaying was conducted by ALS Chemex, which is an ISO-certified laboratory. The Company has implemented a quality assurance/quality control program to ensure that sampling and analysis of all samples are conducted in accordance with the best possible practices. The system includes the use of standards, blanks and duplicates to ensure analytical accuracy and the submission of duplicate samples to a second laboratory to verify the integrity of the analytical results.

International Millennium Mining Corp. (TSX VENTURE:IMI) is a mineral exploration and development company engaged in acquiring known smaller mine deposits, such as its Nivloc, Nevada silver-gold mine project, in the Americas, with the goal of advancing the properties to the mining stage. Emerging targets include silver, gold, copper, zinc and lead. The Company's common shares trade on the TSX Venture Exchange under the symbol: IMI and on the Frankfurt Exchange under the symbol: L9J.


John A. Versfelt, President & CEO

Further information about the Company can be found on the IMMC website (, 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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