INTERNATIONAL ENEXCO CONFIRMS NEW COPPER TARGET ATCONTACT COPPER PROJECT, NEVADA
Vancouver, Canada -- August 27, 2012 - International Enexco Ltd. (TSX-V: IEC; OTCQX: IEXCF; Frankfurt: IE6) (the "Company" or "Enexco") is pleased to announce results from a surface sampling program at the Company's 100%-owned Contact Copper Project in northeast Nevada. High-grade copper assays were returned from a suite of 28 rock chip samples taken at the Copper Ridge prospect, located one mile (1.6 km) southwest of the main Contact Copper Project resource. The recent sampling has returned grades of up to 12.4% copper from outcrops of oxide mineralization within quartz monzonite. Samples were collected in an area of recently acquired claims and confirm work completed by the previous owner prior to the Copper Ridge area being consolidated by Enexco under a 2011 property acquisition. The sampling was done within an area that extends approximately 8,000 feet by 2,000 feet (2,500 m by 600 m). Previous activity in the area is limited to shallow prospect pits, and has no previous drilling.The purpose of the sampling program was to determine if additional geologic work is warranted to identify drill targets in the area. The results confirm earlier sample results and support further work in exploring the Copper Ridge prospect as an area that could provide additional copper oxide material for the Contact Copper Project.
Note: The samples from the Copper Ridge Area surface sampling program were prepared and analyzed by SGS Minerals Services in Vancouver, Canada, an ISO/IEC 17025 certified laboratory.
About the Contact Copper ProjectThe Contact Copper Project is a copper oxide project located in Elko County, Nevada, that is planned to use low cost SX-EW recovery to produce cathode copper on site. Year to date, the Company has drilled 42,418 feet (12,932 m) in 58 reverse circulation holes and 24 core holes. Results were announced in previous news releases and the remaining results for 10 core holes are pending assays. Additional information is available on Enexco's website at http://www.enexco.ca/s/contact_copper.asp and in the October, 2010 NI 43-101 Technical Report Pre-feasibility Study Update for the Contact Copper Project, Elko County, Nevada as posted on Sedar..Qualified PersonWilliam Willoughby, Ph.D., P.E. is the Company's Qualified Person for the purposes of National Instrument 43-101 and has prepared or supervised the preparation of the disclosure of any scientific and technical information contained in this news release.About International Enexco Ltd.International Enexco Ltd is a North American exploration and development company focused on the feasibility stage Contact Copper Project in northern Nevada. The Company also pursues gold and silver exploration in Idaho and Nevada, and is advancing the Mann Lake Uranium Project located in Saskatchewan's prolific Athabasca basin. This project is a joint venture with Cameco as operator and Areva---two of the world's largest uranium companies.
On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.
"G. Arnold Armstrong"President & CEO
LATEST NEWS
RECENT ARTICLESS
Resource World
The Northern Miner
Vantage Wire
Minesite
International Enexco is a copper and uranium development stage company based in Canada.
International Enexco holds various exploration projects in Canada.
Its main exploration properties are LOOMIS, HOT POT PROJECT, MANN LAKE, CONTACT COPPER and MANN LAKE (JV) in Canada.