International Gold Mining Limited
TSX VENTURE : IGL

International Gold Mining Limited

June 12, 2008 07:30 ET

International Gold Mining Limited: High Grade Surface Uranium Readings Encountered in the Bahi / Manyoni Uranium Province

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 12, 2008) -

Mr. Alan Phillips reports

INTERNATIONAL GOLD MINING LIMITED (TSX VENTURE:IGL) (the "Company") is pleased to advise the market that it has encountered some significant early success in its initial field work at its tenements located in the Bahi / Manyoni uranium province in the East African Republic of Tanzania.

Since the company announced in May that field work had commenced, IGL has employed, as a consultant, a Tanzanian national, a geophysics' expert with over 25 years experience in local geophysics, who has started to systematically scan the tenements using the RS-125 Super Spec spectrometer to gather follow up information associated with the reprocessed radiometric data that the company had previously acquired.

Significant surface readings at this uranium mineralized anomaly to date have yielded some exciting results, with readings up to 2.4kg/t, eU3O8, and with many more readings going between 0.30 kg/t eU3O8 and 0.60 kg/t eU3O8.

The footprint of this high grade zone of surface uranium mineralization extends over approximately 1600 metres, has a width of nearly 300 metres, and is open at both ends. The company believes that this significant surface uranium mineralized anomaly lends itself to rapid delineation by detailed drilling and sampling.

The discovery of greater than 0.30kg/t eU3O8 at the surface, with negligible stripping ratio, which is within 20 kilometres of a government owned railway line and central grid power, provides an outstanding exploration opportunity, and an accelerated work program is being formulated. Field work on this exciting uranium project is continuing, and we expect to continue to update the market on our exploration program in a timely fashion.



Summary of results using 250ppm eU3O8 cut-off

----------------------------------------------
Easting Northing eU3O8 kg/t eU3O8 ppm
----------------------------------------------
0684250 9381986 0.26 257
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0684231 9381984 0.49 489
----------------------------------------------
0684304 9381924 0.41 405
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0684407 9381866 0.28 268
----------------------------------------------
0684447 9381652 0.68 676
----------------------------------------------
0684526 9381658 0.33 327
----------------------------------------------
0684679 9381366 0.35 350
----------------------------------------------
0684889 9389246 0.32 319
----------------------------------------------
0684815 9389212 0.41 409
----------------------------------------------
0683591 9382048 0.55 549
----------------------------------------------
0683568 9382074 0.42 416
----------------------------------------------
0683545 9382018 0.40 397
----------------------------------------------
0683551 9381984 2.34 2338
----------------------------------------------
0683573 9381924 0.34 344
----------------------------------------------
0683474 9382004 0.25 250
----------------------------------------------
0683427 9381984 0.30 296
----------------------------------------------
0683462 9382074 0.44 438
----------------------------------------------
0683473 9382044 0.59 587
----------------------------------------------
0683511 9382004 0.58 584
----------------------------------------------
0683522 9382022 0.46 459
----------------------------------------------
0684513 9381420 0.40 396
----------------------------------------------
0684538 9381448 0.30 297
----------------------------------------------
0684644 9381500 0.27 271
----------------------------------------------
0684647 9381544 0.27 268
----------------------------------------------
0684810 9381526 0.26 262
----------------------------------------------
0684934 9381348 0.30 298
----------------------------------------------
0684915 9380984 0.25 251
----------------------------------------------
0684902 9380930 0.28 276
----------------------------------------------
0684962 9380968 0.33 327
----------------------------------------------

eU3O8 uranium equivalent as converted from spectrometer readings.


This new uranium mineralized anomaly is located approximately 20 kilometres North - West of the Uranex NL Manyoni C1 Uranium deposit.

International Gold Mining's Bahi / Manyoni project covers an area of 2365 square kilometres. The company has deliberately targeted its tenement package in this uranium province and in so doing has very high expectations for this area, and believes that the setting in this province provides excellent potential for further uranium discoveries.

Note:

The RS-125 Spectrometer, S/N 2323, was originally calibrated in Canada over Radiation Solutions radiometric pads. Fugro Instruments also checked the calibration of this instrument using its own calibration pads in Sydney.

Caution: all results are subject to verification by chemical analysis.

Background to Bahi / Manyoni Project.

The Bahi Swamp catchment area is a dry lake covering over 1000 square kilometres and incorporates an extensive closed drainage system that has developed over 27000 square kilometres of weathered uranium rich "hot" Archaean granites.

This area has been recognized as an important uranium province since the 1950's when the Geological Survey of Tanzania reported an intersection of 0.15m @ 2.3kg/t U3O8 near the centre of Lake Bahi. (This result is located on an IGL tenement and has yet to be followed up on.)

This view has since been reinforced by the discovery of the Manyoni C1 uranium deposit located approximately 30 kilometres north west of the Lake Bahi intersection, where recent announcements to the Australian stock exchange by Uranex NL (ASX:UNX) reported intersections of 2.25m @ 9.3kg/t U3O8, 2.00m @ 3.8kg/t U3O8, and 2.00m @ 2.6kg/t U3O8.

IGL has four tenements in this area totaling 2365 square kilometres, two of which abut the western boundary and one of which abuts the southern boundary of the tenement that contains the Manyoni C1 uranium deposit.

Mr. Nick Revell, BSc, is a member of AusIMM and oversees International Gold Mining's project initiatives. Mr. Revell is a Qualified Person as defined in National Instrument 43-101 and he is a Director of International Gold Mining Limited.

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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