International Millennium Wild Goose Property MMI Survey Results
April 15, 2013 (Source: Marketwire) New Westminster, BC — International Millennium Mining Corp. (TSX VENTURE:IMI) (the “Company” or “IMMC”) reports the results of a mobile metal ion (MMI) soil sampling survey carried out on its Wild Goose Property, near Revelstoke, British Columbia. The MMI survey was conducted on two grids, each with a line spacing of 100 meters and a sample interval of 25 meters, as part of a program designed to extend the known mineralization on the property and locate previously unknown mineralization.
The north survey grid, on the Glacier Zone Geochem Anomaly, consisted of two lines plus a partial line and 49 samples (the “North Grid”). The south survey grid, on the Copeland Creek Geochem Anomaly, consisted of three lines and 53 samples (the “South Grid”). The samples were sent to SGS Minerals in Toronto, where they were tested for 53 elements using inductively-coupled plasma mass spectrometry (ICP-MS).
The MMI results suggest that both the North Grid and the South Grid are almost entirely covered by highly anomalous lead results. In addition, a silver anomaly covers almost the entire North Grid.
The results within the North Grid show two anomalies, one of which is strongly anomalous in lead, copper, molybdenum, silver, gold, zinc, and cadmium, and averages about 225 meters in width, with a minimum strike length of 100 meters. The second anomaly is highly anomalous in lead, silver, antimony, and rare earth elements (REEs); this anomaly has an average width of 200 meters and a minimum strike length of 130 meters.
The results within the South Grid show three north-northeasterly striking anomalies. The first is strongly anomalous in lead, copper, silver, molybdenum, antimony, uranium and REEs, averaging about 50 meters in width, with a minimum strike length of 265 meters. This anomaly is open to the north-northeast and south-southwest. The second is strongly anomalous in lead, copper, gold, silver, and cerium, averaging about 100 meters wide with a minimum strike length of 200 meters. This anomaly is open to the north-northeast and the south-southwest. The third anomaly is mainly a lead/copper/molybdenum anomaly, with correlating values in REEs, gold, and cobalt, and averages about 25 meters in width, with a minimum strike length of 110 meters. It is also open to the north-northeast and the south-southwest.
The MMI results suggest that the causative sources of the anomalies, probably sulphide mineralization, occur within the two areas of the geochem anomalies rather than upslope of the anomalies.
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The Company also announces that it will extend the exercise dates of 13,200,000 warrants, exercisable at $0.10 per share, from their current May 1, 2013 expiry date, to May 1, 2014. There has been no change to the warrants’ exercise price. The amendment to the term of the warrants is subject to acceptance by the TSX Venture Exchange.
International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known smaller mine deposits, such as its Nivloc, Nevada silver-gold mine project, in the Americas, with the goal of advancing the properties to the mining stage. Emerging targets include silver, gold, copper, zinc and lead. The Company’s common shares trade on the TSX Venture Exchange under the symbol: IMI and on the Frankfurt Exchange under the symbol: L9J.
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.
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