Inter-Citic Minerals Inc.
TSX : ICI

Inter-Citic Minerals Inc.

September 17, 2007 07:00 ET

Inter-Citic Reports Results of 33 Diamond Drill Holes at Dachang Including a Best Result of 47 Metres Containing 6.64 GPT Gold

Step-Out Drill Program Continues to Yield Results.

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2007) - Inter-Citic Minerals Inc. (TSX:ICI) ("Inter-Citic" or "the Company") President and CEO James Moore, is pleased to report results received from the third set of drill holes from its 2007 diamond drill program at its Dachang Gold Project in China.

This news release provides results from 5,081 metres of a 30,000 metre drill program in the Dachang East area of Inter-Citic's Dachang gold project. The Company has now reported results from approximately 9,800 metres of drilling, or about 30% of 2007's drill program. Maps of the property identifying the location of all drill holes contained in this press release can be found on the Company's web-site at www.inter-citic.com.

Drill Highlights:

- Drill hole CJV-207A located on the edge of the Dachang North Zone (DNZ) intersected 47 metres of continuous mineralization averaging approximately 6.64 grams per tonne contained gold.

- 32 of 33 drill holes returned mineralized gold zones, with aggregate widths up to 47 metres within potential open pit depths.

- The drill holes listed in this release tested areas that were adjacent to or an extension of the Dachang Main Zone. As a result, the majority of the mineralized intercepts listed below are outside the limits of the resource blocks in the company's 2006 DMZ resource estimate.

- Utilizing 80 metre step-outs, the Company has now drill tested approximately 700 metres of surface strike of the DMZ extension. On each 80 metre step-out between 3 to 5 holes are drilled per section to a maximum vertical depth of 175 metres. The Company believes that the zone being drilled on the DMZ extension is still open to the East and at depth.

- Most of the results reported in this release are from holes drilled without first testing for surface mineralization, as has been the case in past drilling. The company has been unable to do preliminary surface trenching due to soft or wet ground conditions in some of the step-out areas. Inter-Citic is pleased that the step-out drilling continues to discover significant gold mineralization.

- Approximately 205 diamond drill holes have been drilled to date by Inter-Citic on the DMZ extension in 2006 and so far in 2007. Assay results have now been reported on 168 of these holes.

- Four diamond drills are now deployed at Dachang. Currently two are continuing to work on the DMZ extension. One drill is operating on the Placer Valley area and the fourth drill is now conducting infill drill work on the known DMZ area. Drill core recovery has averaged in excess of 90%.

- With four drills operational, the Company is now averaging in excess of 200 metres per day of drill core productivity.

Detailed drilling results are set out in the chart below:



Diamond Grid Dip/ Drill Gold Assay
Drill Hole Section & Azimuth From To Width (grams
(DDH) Number Location (degrees) (metres)(metres) (metres) per tonne)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
CJV 178 2500 45/020 26.0 28.0 2.0 1.95
19.0 m DMZ/DNZ
mineralized 43.0 45.5 2.5 1.34
47.5 54.5 7.0 1.12
59.0 61.0 2.0 2.13
63.0 66.0 3.0 1.86
70.0 71.0 1.0 5.70
79.0 80.5 1.5 0.88
--------------------------------------------------------------------------
CJV 179 2100 45/020 59.0 60.0 1.0 1.26
5.0 m PVZ
mineralized 65.0 66.0 1.0 0.50
97.0 100.0 3.0 4.53
--------------------------------------------------------------------------
CJV 180 3900 45/020 37.0 39.0 2.0 3.92
13.0 m DMZ/DNZ
mineralized 45.0 46.0 1.0 1.61
98.0 99.0 1.0 1.19
122.0 124.0 2.0 2.28
143.5 147.5 4.0 3.43
168.5 169.5 1.0 0.96
179.0 181.0 2.0 2.46
--------------------------------------------------------------------------
CJV 181 2100 60/020 48.0 49.0 1.0 0.68
3.0 m PVZ
mineralized 59.0 60.0 1.0 1.07
68.0 69.0 1.0 1.46
--------------------------------------------------------------------------
CJV 182 2500 60/020 26.5 31.5 5.0 1.82
17.0 m DMZ/DNZ
mineralized 53.0 55.0 2.0 2.23
80.0 81.0 1.0 0.75
89.0 90.0 1.0 0.57
106.0 112.0 6.0 1.50
114.0 115.0 1.0 1.00
119.0 120.0 1.0 1.07
--------------------------------------------------------------------------
CJV 183 2500 78/020 31.0 36.0 5.0 1.35
38.0 m DMZ/DNZ
mineralized 46.0 49.0 3.0 1.63
56.0 58.0 2.0 1.39
62.0 63.0 1.0 1.12
65.0 79.0 14.0 4.25
85.0 88.0 3.0 2.88
104.0 105.0 1.0 0.50
145.0 148.0 3.0 1.22
152.0 153.0 1.0 0.78
158.0 162.0 4.0 1.27
163.0 164.0 1.0 0.13
--------------------------------------------------------------------------
CJV 184A 3900 54/020 27.0 30.0 3.0 0.90
6.0 m DMZ
mineralized 113.0 115.0 2.0 1.34
180.0 181.0 1.0 1.28
--------------------------------------------------------------------------
CJV-185 3100 45/200 28.5 30.5 2.0 6.80
2.0 m RZ
mineralized
--------------------------------------------------------------------------
CJV-186 2500 55/020 21.4 24.5 3.1 0.91
27.6 m DMZ/DNZ
mineralized 26.5 27.5 1.0 5.86
34.5 35.5 1.0 0.53
37.5 38.5 1.0 2.28
59.0 60.0 1.0 3.21
73.0 75.0 2.0 7.31
81.5 83.5 2.0 1.07
101.5 102.5 1.0 2.40
113.5 118.0 4.5 2.33
177.5 178.5 1.0 0.78
180.5 186.5 6.0 2.35
221.0 223.0 2.0 2.31
228.0 229.0 1.0 0.60
232.0 233.0 1.0 0.94
--------------------------------------------------------------------------
CJV-187 2900 45/020 46.0 51.0 5.0 6.95
19.0 m DMZ
mineralized 80.0 83.0 3.0 0.78
92.0 98.0 6.0 3.22
133.0 134.0 1.0 3.87
186.0 187.0 1.0 1.42
189.0 191.0 2.0 1.97
201.0 202.0 1.0 0.57
--------------------------------------------------------------------------
CJV-188 3100 75/200 61.0 63.0 2.0 1.85
1.0 m RZ
mineralized
--------------------------------------------------------------------------
CJV-189 2900 65/020 58.5 60.5 2.0 4.84
5.3 m DMZ
mineralized 69.5 71.0 1.5 0.51
80.0 80.8 0.8 1.07
219.5 220.5 1.0 0.96
--------------------------------------------------------------------------
CJV-190 2500 72/020 60.0 62.0 2.0 4.80
17.0 m DMZ/DNZ
mineralized 71.0 72.0 1.0 0.98
80.0 81.0 1.0 1.99
109.0 110.0 1.0 0.79
133.0 134.0 1.0 0.77
137.0 138.0 1.0 1.29
147.0 148.0 1.0 1.89
160.0 161.0 1.0 0.61
165.0 167.0 2.0 1.01
183.0 184.0 1.0 0.74
210.0 215.0 5.0 1.61
--------------------------------------------------------------------------
CJV-191 2500 45/020 8.0 10.0 2.0 1.96
8.6 m DMZ/DNZ
mineralized 40.3 44.9 4.6 1.15
148.0 149.0 1.0 0.77
151.0 152.0 1.0 0.65
--------------------------------------------------------------------------
CJV-192 2900 45/200 16.0 18.0 2.0 4.74
6.0 m RZ
mineralized 28.0 32.0 4.0 0.88
--------------------------------------------------------------------------
CJV-193 2900 80/200
no significant RZ
assays
--------------------------------------------------------------------------
CJV-194 2100 45/020 45.5 46.5 1.0 0.82
34.4 m DMZ/DNZ
mineralized 67.0 69.0 2.0 1.04
70.0 77.0 7.0 0.86
83.0 85.0 2.0 1.60
101.5 104.5 3.0 0.62
108.5 110.5 2.0 0.82
113.5 124.0 10.5 2.67
126.0 127.0 1.0 0.82
134.0 135.5 1.5 0.67
137.5 138.5 1.0 5.05
166.1 167.1 1.0 3.02
177.6 178.0 0.4 1.61
219.0 220.0 1.0 2.30
228.0 229.0 1.0 0.56
--------------------------------------------------------------------------
CJV-195 2100 54/020 132.0 133.0 1.0 0.75
8.0 m DMZ/DNZ
mineralized 144.0 145.0 1.0 1.41
148.0 150.0 2.0 4.47
155.0 156.0 1.0 0.50
159.0 160.0 1.0 1.13
187.0 189.0 2.0 1.25
--------------------------------------------------------------------------
CJV-196 45/200 20.0 23.0 3.0 3.84
8.0 m RZ
mineralized 31.0 32.0 1.0 3.10
34.0 35.0 1.0 0.68
37.0 40.0 3.0 0.75
--------------------------------------------------------------------------
CJV-197 2100 66/020 84.0 86.0 2.0 2.33
5.9 m DMZ
mineralized 121.5 123.0 1.5 2.06
136.0 137.4 1.4 3.51
139.0 140.0 1.0 2.62
--------------------------------------------------------------------------
CJV-198 3900 45/020 46.0 50.0 4.0 1.97
5.0 m DMZ
mineralized 57.0 58.0 1.0 0.62
--------------------------------------------------------------------------
CJV-199 75/200 61.0 67.0 6.0 1.48
6.0 m RZ
mineralized
--------------------------------------------------------------------------
CJV-200 2100 45/020 99.0 100.0 1.0 1.44
15.0 m DMZ/DNZ
mineralized 102.0 104.0 2.0 1.75
117.0 125.0 8.0 0.89
138.0 142.0 4.0 2.71
--------------------------------------------------------------------------
CJV-201 4700 45/180 26.0 27.0 1.0 2.51
9.0 m DMZ
mineralized 36.0 43.0 7.0 4.97
48.0 49.0 1.0 3.06
--------------------------------------------------------------------------
CJV-202 3500 45/020 37.0 38.0 1.0 0.61
3.0 m DMZ
mineralized 54.0 56.0 1.0 3.47
130.0 131.0 1.0 0.94
--------------------------------------------------------------------------
CJV-203 3900 67/020 32.0 33.0 1.0 0.64
11.0 m DMZ
mineralized 35.0 36.0 1.0 0.78
52.0 60.0 8.0 2.41
65.0 66.0 1.0 1.49
--------------------------------------------------------------------------
CJV-204 3500 45/020 93.0 97.0 4.0 2.40
11.0 m DMZ
mineralized 101.0 102.0 1.0 0.70
113.5 118.5 5.0 1.70
146.5 147.5 1.0 0.50
--------------------------------------------------------------------------
CJV-205 4700 82/180 54.0 75.0 21.0 6.54
21.0 m DMZ
mineralized
--------------------------------------------------------------------------
CJV-206 4100 45/180 38.5 41.5 3.0 3.06
3.0 m DMZ
mineralized
--------------------------------------------------------------------------
CJV-207A 3500 45/200 24.0 71.0 47.0 6.64
48.0 m DMZ/DNZ
mineralized 76.0 77.0 1.0 0.65
--------------------------------------------------------------------------
CJV-208 4700 70/180 43.0 44.0 1.0 0.74
17.0 m DMZ
mineralized 91.0 102.0 11.0 7.22
109.0 110.0 1.0 1.29
118.0 122.0 4.0 0.53
--------------------------------------------------------------------------
CJV-209 4100 80/180 161.0 162.0 1.0 1.27
1.0 m DMZ
mineralized
--------------------------------------------------------------------------
CJV-210 4700 87/180 69.0 72.0 3.0 1.80
3.0 m DMZ
mineralized
--------------------------------------------------------------------------


Assay cut-off for the above table was at 0.5 gpt Au, however, intervals were determined by geological interpretation of consistent mineralized zones. Broader intervals may include waste intervals of up to 2m. There was no evidence of nugget effect and none were topcut. True widths for the intervals above have yet to be determined.

DMZ: Dachang Main Zone - A 2km long zone of mineralization defined by the 2006 DDH program

DNZ: Dachang North Zone - A mineralized fault located 20 to 50 meters north of DMZ

PVZ: Placer Valley Zone - A south dipping mineralized fault 1 km south of DMZ

RZ: Little Ruby Zone - A mineralized fault 2 km north of DMZ

2007 Drill Program:

The Company is currently focused on new areas of mineralization close to the Dachang Main Zone ("DMZ") resource area, particularly areas named Placer Valley and the DMZ Extension. A map showing the location of these areas can be found on the Company's website. Drilling of the DMZ Extension and Placer Valley seems to show a series of stacked thrust faults dipping at between 20 and 30 degrees.

Inter-Citic's four drills continue to define new zones of mineralization on both the eastern and northern extensions of the DMZ and on the Placer Valley anomaly approximately 1 kilometer to the southeast. The new mineralized zones intersected on the DMZ Extension and Placer Valley are in all cases visually similar to the fault controlled gold bearing sulfide zones that characterize the mineralization in the main DMZ resource. With these positive results, the Company will continue to focus near term drilling efforts in these areas with a view to increasing the Company's near surface mineral resource inventory.

Drilling on the area known as Little Ruby, located approximately 2 km north of the Dachang Main Zone (drill holes CJV-182, 185, 192, 193, 196 and 199, reported above) has not reported significant gold values to date, and the Company's efforts will be focused in future in favour of areas that have produced better results.

A fourth drill was added several weeks ago at Dachang and is currently in operation. Currently two drills are being deployed on the DMZ extension, one is operating on the Placer Valley area and the fourth drill is conducting infill drill work on the DMZ. This deployment strategy should allow the Company to expand its near surface gold resource inventory estimates as well as establish greater confidence of mineral continuity within the known DMZ resource area. The deployment of drills will be altered as the season progresses and results are received and interpreted. In addition, two backhoes continue to evaluate untested 2006 soil geochem anomalies southeast of Placer Valley and the DMZ. This work also continues to identify new near surface fault zones hosting gossans similar to those that defined the original DMZ discovery

Sample Methodology:

Drill core samples were taken at geologically significant intervals, typically over one metre. Core recovery was in excess of 90%. The designated sample intervals were cut with a diamond saw by qualified technicians. One half of the cut core was selected for assay with the remaining half being placed back into the core box. Care was taken to ensure that neither half of the core represents a bias with respect to the nature and mineral content of the sample. The sample interval and methodology are consistent with industry standards. Drill core samples were shipped to SGS Geochemical Laboratories ("SGS") located in Kunming and Tianjin, China for sample preparation and 50g fire assay with AA finish. SGS is the world's leading inspection, verification, testing and certification company. Analytical work is performed in accordance with recognized standards such as ASTM, ISO, JIS, and other accepted industry standards. Accuracy of the results is tested through the systematic inclusion of reference samples and duplicate samples.

Security of Samples: All of the samples collected at Dachang are stored in a restricted secure storage area. Samples are shipped by truck to Golmud and delivered to Inter-Citic's courier agent in Golmud for shipment to the various laboratories for analysis. Inter-Citic's courier agents are present at all transshipment points between Golmud and the laboratories. All the laboratories used by Inter-Citic are ISO approved and subject to the security protocols of that designation. Exploration at Dachang was conducted with the assistance of the numerous professionals from QGSI, working in co-operation with Inter-Citic's technical team on site and supervised by Mr. Garth Pierce, Vice-President of Exploration.

Mr. Michael W. Leahey, P.Geo, the Company's internal Qualified Person under the requirements of National Instrument 43-101, has reviewed a copy of this press release.

Mr. B. Terrence Hennessey, P.Geo, of Micon International Limited 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

ABOUT INTER-CITIC:

Toronto-based Inter-Citic Minerals Inc. is an exploration and development company with properties 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 www.inter-citic.com.

Investors are encouraged to review "Risk Factors" associated with the Dachang project as outlined in the Company's 2006 Financial Statements and Annual Information Form available on the SEDAR website at www.sedar.com. 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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