International Millennium Mining Corp.
TSX VENTURE : IMI
FRANKFURT : L9J

International Millennium Mining Corp.

March 08, 2011 09:02 ET

International Millennium Reports Sampling Results from Bailey Zone on Hilda Property Sonora Mexico

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2011) - International Millennium Mining Corp. (TSX VENTURE:IMI) (FRANKFURT:L9J) ("IMMC" of the "Company") reports assay results received from First Mexican Gold Corp. for the recently completed rock chip sampling survey of the Bailey zone on the Guadalupe property (Hilda Property) package in Sonora State, Mexico, which is contiguous to Corex Gold Corp. Santana Property where consistently good exploration results have been demonstrated. 

First Mex reports the gold/silver/copper bearing Bailey zone has now had a total of 40 samples recently collected and assayed. Three of these samples were taken directly from a small ore dump at the entrance to an adit with the balance, 37 samples, taken over 55.5 metres along the rock wall face in front of and on either side of the entrance to this adit. The sampled rock face has been exposed to the elements for some 20 years. The sampling was done to further build the data base on this high potential target in preparation for future drilling. The rock face samples were taken every 1.5 metres. The three ore dump and 23 rock face samples are reported below.

Samples Highlights – Bailey Zone

  • sample #479120 returned 13.75 g/t gold, 262 g/t silver, 0.25% copper
  • sample #479119 returned 7.69 g/t gold, 110 g/t silver, 0.16% copper
  • sample #479158 returned 2.84 g/t gold, 2700 g/t silver, 0.29% copper
  • sample #479134 returned 3.88 g/t gold, 425 g/t silver, 2.54% copper
Table of Key Sample Results
ZONE   SAMPLE NUMBER   AU (G/T)   AG (G/T)   CU (%)   BI PPM   SB PPM   PB PPM
BAILEY                            
ORE DUMP   479157   2.74   166   .25   3610   1770    
    479158   2.84   2700   .29   358   4750    
    479159   0.07   8.8   3.78   9   38    
ROCK FACE                            
    479109   0.115   7.5   .17   5   216   513
    479110   0.148   7.7   .29   5   581   342
    479111   0.438   6.5   .17   29   792   584
    479112           .10           270
    479113           .30           340
    479114           .62           258
    479115           .69           276
    479118   0.57   22.3   .96   19   579   304
    479119   7.69   110   .16   352   2080   767
    479120   13.75   262   .25   1715   4250   8110
    479121   2.07   60.1   .11   246   2550   504
    479122   0.198   14.1   .06   14   313   308
    479123   0.238   10.4   .11   54   238   672
    479124   0.097   9.2   .08   17   128   846
    479128   0.134   18.6       7   252   425
    479129   3.2   99       333   2880   3650
    479130   2.51   50.6       129   2430   1725
    479131   1.085   22.4       78   1335   845
    479133   2.15   34.5       702   5750   18200
    479134   3.88   425   2.54   916   >10000   23100
    479138   0.105   2.7   .015   3   28   1785
    479139   0.447   11.1   .12   63   218   1450
    479140   0.477   4.5   .097   31   219   1135

Jim Voisin, President and CEO of First Mexican states, "It's unfortunate that the Bailey zone was not drilled as was planned in the just completed drill program but the additional sampling completed confirms (First Mex) view that this is a high priority drilling prospect".

IMMC President and CEO John A. Versfelt, said, "International Millennium continues to be impressed by the very encouraging results being generated on the ground by First Mex." 

John Archibald, PGeo, of Billiken Management Services Inc., a qualified person pursuant to NI 43-101, has reviewed and approved the technical information in this press release. Samples were prepared and assayed by an accredited lab, ALS Chemex, Vancouver, BC. Quality control is monitored on a continual basis and utilizes a system of standards, blanks and duplicates to ensure analytical accuracy.

First Mexican Gold Corp. is an active explorer for precious metals in Mexico and holds an option to acquire 80% interest in the Guadalupe property package from (MIMSA) a wholly owned subsidiary of International Millennium Mining Corp (TSX VENTURE:IMI). The Hilda (Guadalupe) Property package now comprises a total of approximately 9,171 hectares in this high potential precious metals exploration area.

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.

ON BEHALF OF THE BOARD

John A. Versfelt, President and 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.

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
    403-217-5830
    sheribarton@telus.net
    or
    International Millennium Mining Corp.
    Mr. John Versfelt
    President & CEO
    604-984-9907