International Millennium Mining Corp.

International Millennium Mining Corp.

January 12, 2011 09:15 ET

International Millennium Commences Drilling Nivloc Mine Property in Nevada

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 12, 2011) - International Millennium Mining Corp. (TSX VENTURE:IMI) ("IMMC" of the "Company") announces that a drilling program is underway on the Company's Nivloc Mine property in Esmeralda County Nevada. The initial drilling program of up to 8,200 ft., planned by and carried out under the supervision of Tom Evans, California Professional Geologist, and a Qualified Person, under NI 43-101, is targeted to test the northwest dipping Nivloc vein at the 800 to 900 ft. levels, down to the 1,050 ft. level of the Nivloc Mine. 

The Nivloc mine is located in Nevada's Walker Lane trend approximately 38 miles southwest of the city of Tonopah and 6.9 miles southwest of the community of Silver Peak. The property is accessible by State Highway and local road and comprises 29 claims, including three claims covering the mine workings, nine additional claims staked by the Company and most recently, eighteen (18) claims under terms of letter of intent with Silver Reserve Corp. (SRC) with finalization of a formal option and joint venture agreement expected shortly (see the Company's October 14, 2010, news release).

The history of the Nivloc, is described in a July 2009, NI 43-101 Report on the Nivloc Silver Property by Coast Mountain Geological Ltd (Coast Mountain 2009) done for Silver Reserve Corp. The report includes the following description of the mine's production history between 1930 and 1943 following acquisition of the mine by Fred A. Vollmer in the early 1930's (Whiteley 1934). "Mr. Vollmer sold the mine to Bralorne Ltd. of Canada (Bralorne) for about $450,000 in 1937 (Nivloc Mines 1946). Bralorne operated the mine under the name Desert Silver Inc. (Ebbley 1964). A cyanide mill with a 200 ton per day capacity was built, and began operation in October, 1937. It operated continuously until July, 1943, producing 364,064 tons from which 4,675,408 ounces of silver and 18,795 ounces of gold were extracted. The ore had an average grade of 12.84 ounces silver and 0.0516 ounces gold. From 1938 to 1942 the Nivloc mine was Nevada's largest silver producer (Hughes 1946)." The report includes the following comments on mine infrastructure at the Nivloc prior to 1943, when war time labour and material shortages resulted in closure of the mine. "Including shafts, raises, winzes and levels, a total of 24,000 ft. had been developed by 1943. Lateral development of the mine opened the vein for a distance of 3,000 ft. on several levels with no indication of decreasing mineralization at either end (Hughes 1946). The shaft had been developed down to 600 ft. A level had been developed at 600 ft. and from it a winze had been driven to the 900 ft. level. On the 900 ft. level another winze was sunk to the 1,100 ft. level. The principal levels in the mine were the 440, 500, 600, 700, 800 and 900 ft. Drifting along the vein included approximately 3,000 ft. on the 440 ft. level, 1,300 ft. on the 500 ft. level, 3,700 ft. on the 600 ft. level, 3,000 ft. on the 700 level, 1,900 ft. on the 800 level, and 900 ft. on the 900 level. (Nivloc Mines 1946)." 

Tom Evans, California Professional Geologist, commenting on historical resource estimates at the Nivloc, calculated prior to development of NI 43-101 standards, and which therefore are not to be relied upon, describes the vein deposit resource documented by Anaconda Minerals and Desert Silver sampling and partially verified in three (3) diamond drill core holes completed by Sunshine Mining Company in 1985, wherein Sunshine Mining calculated a possible (historic non NI 43-101 compliant) resource of 621,314 short tons at a grade of 4.5 opt (ounces per ton) silver (Ag) and 0.03 opt gold (Au) based on an assumed 12 feet mining width. Mr. Evans comments that the Sunshine calculation is believed to be conservative in light of Montreal geologist, H.J. Bergmann, P.Eng statements in a 1956 report,representing the average grade mined at the Nivloc between 1937 and 1943, when a mill was operating at the Nivloc site, was 12.8 opt Ag and 0.05 opt Au. Mr. Evans advises that an August 1946, report by Nivloc Mines, Inc. states that some of the un-mined resource averaged 12.2 opt Ag and 0.069 opt Au and that the same report mentions five sections of mineralization of unknown size averaging 15-16 opt Ag and 0.10 opt Au. These reports, advises Mr. Evans, also suggest that gold values appeared to be increasing with depth down dip on the limonitic quartz-calcite vein structure. The reader is warned that data in these old reports are as yet unsubstantiated and therefore cannot be relied upon.

The Coast Mountain 2009, report for SRC describes the following encouraging results of a drill program consisting of five (5) reverse circulation and two (2) diamond drill holes completed for SRC in 2008 in an area some 3,300 ft. southwest of the Nivloc mine shaft: "In RNL-5 the interval from 375-380 ft. ran 727.6 ppm Ag and 652 ppb Au."

"Diamond drill core holes CNL-1 and CNL-2 were drilled in the area of RNL-5. CNL-1 encountered 263.7 ppm Ag over 15 ft. from 210-225 ft. in quartz veining, and 247.3 ppm Ag with 2044 ppb Au from 344-349 ft. in white to light grey quartz-carbonate vein with some open-space growth textures. Below, the interval from 354-359 ft. returned 144.6 ppm Ag and 1574 ppb Au. In CNL-2 quartz veining in a fractured zone with minor gouge development and limonite staining returned 750.4 ppm Ag within the interval 236.5-239.5 ft. Lower in the drill hole…. the interval 383-393 ft. returned 120.2 ppm Ag and 1718 ppb Au." Tom Evans, believes these holes suggest either a new zone or possibly a faulted-off section of the Nivloc vein.

Mr. Tom Evans, is the Company's Qualified Person, under NI 43-101, who has reviewed and approved the contents of this news release with respect to the Nivloc property and the drill program underway. 

The Company also advises that, following an initial geology work program, it has terminated its agreement to acquire the Cumshewa property in Haida Gwaii (Queen Charlotte Islands) British Columbia. IMMC has also terminated its business consulting agreement with Pearl Communications Ltd. effective the end of December 2010.

About International Millennium Mining Corp

International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mine deposits world-wide and in the 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 gold, silver, cobalt, molybdenum, zinc, lead, nickel, copper and platinum group metals. 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 and CEO

Further information about the Company can be found on SEDAR ( or by contacting the people listed below.

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.

Contact Information

  • International Millennium Mining Corp.
    Ms. Sheri Barton
    International Millennium Mining Corp.
    Mr. John Versfelt
    President & CEO