Inter-Citic Minerals Inc.

Inter-Citic Minerals Inc.

September 15, 2010 09:00 ET

Inter-Citic Issues Exploration Progress Update for Its Dachang Gold Project

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2010) - Inter-Citic Minerals Inc. (TSX:ICI) ("Inter-Citic" or "the Company") President and CEO James Moore, is pleased to provide an update for the Company's 2010 exploration program at its Dachang Gold Project in China.

Inter-Citic's previously announced 2010 drill program of up to 25,000 metres is well underway and focused entirely on near surface resource expansion targeting new areas of the 279 square kilometre property known to contain gold mineralization.

The four areas of the property that are the current focus of the most concerted gold exploration activity by the Company are the Acadia Zone, Central Dachang, NR-1 and the DMZ East Extension.

Acadia Zone:

The "Acadia Zone", located approximately 9 kilometres northwest of the Dachang Main Zone, is along the dominant Carbonate Thrust Fault ("CTF") that transects the property. On January 11, 2010, Inter-Citic reported results from drill hole CJV-914 on the Acadia Zone that returned 21.3 metres of 2.3 GPT gold. The Company considers Acadia Zone very interesting with good mineralization in both typical Dachang host rocks as well as within carbonate rocks. The trends outlined in the east all appear to be well mineralized and south dipping. However, the newest zone to the west appears within a carbonate package, primarily an intensely sericite-chlorite altered siltstone and quartz-carbonate rich breccia unit, that is so far found dipping steeply to the north. Currently drilling is being conducted below some very promising gossans seen in at least eight recent trenches over a lateral span of more than 1 kilometer with thicknesses of 6 to 14 meters.

Central Dachang:

Previously reported drill hole DDH-861 is in Central Dachang, located approximately three kilometres south of the Acadia Zone and northwest of the Dachang Main Zone resource area. An anomaly trend has been located approximately 4 km east of the 861 zone but nearly on strike at approximately 110 degrees. Continuity between the two zones seems likely based on soil geochem results, but has yet to be fully explored. The Company has reopened several old trenches and found good gossanous rock where two drills are currently set up to prove a steeply dipping lens that the Company previously discovered with holes CJV-34 and CJV-35 in early exploration.


Inter-Citic has begun drilling under some promising trends that were discovered early in the Company's exploration program in the North River ("NR") district of the property, but were not fully explored with drilling. The Company has continued drilling after observing a very steeply dipping trend in holes CJV-990 and CJV-994. The rock in the NR-1 area differs from that of the Dachang Main Zone as it is intensely silicified with moderate sericite and minor carbonate alteration. Primarily siltstone and sandstone, it carries a good amount of disseminated sulphide within highly competent rock, which to date have yielded good gold mineralization in the above trenches. Assays of these drill samples are pending and will be reported when received.

DMZ East Extension:

The DMZ East Extension ("DMZ-EE") continues off the eastern end of the current DMZ resource area. It consists of two areas – the "Upper Zone" to the north and the "DMZ Projection" to the south.

The Upper Zone consists of three or four thin south dipping lenses off the northeast boundary of the DMZ. Its northern edge is the surface trace based projected interpretation from drill results, trenching and some local soil sampling geochem results. The southern boundary is a projection of where it is expected to be found at about 150 meters below surface.

The DMZ Projection follows the surface trace along historic trench results and continues to the southeast along a projected interpretation from drill results. The southern edge is the projected boundary at between 150 to 180 meters depth where seen in deep drilling. It appears to take a sharp swing to the southeast which is the subject of ongoing exploration.

To the north of the DMZ-EE is a localized trend that was discovered with early trenching and has not yet been fully explored. The Company is currently extending some of the trenches before drilling, which is expected to commence shortly.

Inter-Citic currently has a total of six diamond drills operating at Dachang. Results from the current drill program will be released as they are received and tabulated by the Company.

Exploration at Dachang is conducted with the assistance of the numerous professionals from No. 5 Geology and Mineral Exploration Institute (formerly QGSI), working in co-operation with Inter-Citic's technical team on site and supervised by Mr. Garth Pierce, Inter-Citic's Vice-President of Exploration.

Maps and associated materials are available on the Company's website:

Mr. Gerald Bidwell, P.Geo., is a Qualified Person under the requirements of National Instrument 43-101 and has reviewed a copy of this press release.

On Behalf of the Board:

James J. Moore, President & CEO


Toronto-based Inter-Citic Minerals Inc. is an exploration and development company with property in the People's Republic of China, including its Dachang Gold Project in Qinghai Province. Inter-Citic is listed on the TSX under the symbol ICI. Inter-Citic's website is

Investors are encouraged to review "Risk Factors" associated with the Dachang project as outlined in the Company's 2009 Financial Statements, MD&A and Annual Information Form, along with updates, available on the SEDAR website at The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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