International Millennium Mining Corp.
TSX VENTURE : IMI

International Millennium Mining Corp.

March 04, 2008 09:00 ET

International Millennium Mining Corp.: Drill Targets Identified for 2008 Drilling Program on Jason Property Near Harrison Lake BC

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2008) - A successful exploration program by International Millennium Mining Corp.'s (TSX VENTURE:IMI) ("IMMC" or the "Company") on the Jason property in 2007, resulted in locating an outcrop of altered olivine orthopyroxenite containing pyrrhotite, pentlandite, and chalcopyrite near Anomaly Creek. (See the Company's News Release of January 3, 2008) Based on this find and on detailed geology, geochemistry and geophysical surveys, an initial 1500 to 2000 meter drill program is now being planned for the summer of 2008. Four drill targets have been defined for the follow up drilling program.

David G. Mark, P.Geo., a qualified person under NI 43-101, advises that the outcrop source was located following completion of Phase I detailed stream sediment sampling and mapping to confirm the location of the highly anomalous 2004 Anomaly Creek stream sediments. A grab sample from the outcrop contained 0.64% Ni, 0.63% Cu, 777ppb Pt and 465ppb Pd. These values are comparable to ore grades at the Giant Mascot Mine. Platinum occurs in sperrylite (PtAs2) as found at the Sudbury irruptive and the Bushveld complex.

The outcrop showing is located in a gossanous area within a fault. The mineralized outcrop is associated with anomalous magnetometer, VLF and self potential readings. Anomalous levels of Cu, Ni, Co, Cr, Au Pt, and Pd were detected in overburden using both ICP and MMI geochemical analysis. As a result, IMMC considers that the mineralized zone may be a "pipe" similar to those hosting the ore at the Giant Mascot Mine. The proposed program will attempt to define the orientation, extent and grade of the potential ore pipes.

The Jason Claim group is located east of Harrison Lake approximately 22 kilometres north of the town of Harrison Hot Springs, British Columbia. The claim group lies within a zone of ultramafic rocks referred to as the East Harrison Lake Nickel Belt. The Ni Belt extends approximately 20 km in a northwest direction from the Giant Mascot Mine, north of Hope, to the east shore of Harrison Lake.

International Millennium Mining Corp. is a mineral exploration and development company engaged in the acquisition and exploration of 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 silver, gold, 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.

ON BEHALF OF THE BOARD,

John A. Versfelt, President & CEO

Further information about the Company can be found on SEDAR (www.sedar.com).

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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • International Millennium Mining Corp.
    Mr. John A. Versfelt
    President & CEO
    (604) 984-9907
    (604) 983-8056 (FAX)
    or
    International Millennium Mining Corp.
    Mr. D. Alex Caldwell
    Corporate Secretary
    (604) 984-9907
    (604) 983-8056 (FAX)
    Email: info@immc.ca