International Millennium Reports Sampling Results from Bailey Zone on Hilda Property Sonora Mexico
Published : March 08, 2011

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Cobalt |

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2011) - International Millennium Mining Corp. (News - Market indicators) (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 (News - Market indicators). 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.

For more information, please contact

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
Data and Statistics for these countries : Canada | Mexico | All
Gold and Silver Prices for these countries : Canada | Mexico | All

International Millennium Mining Corp.

EXPLORATION STAGE
CODE : IMI.V
ISIN : CA4599701097
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

IMMC is a silver and gold exploration company based in Canada.

IMMC holds various exploration projects in Canada.

Its main exploration properties are SIMON MINE, COBALT CLAIMS, JASON CLAIMS, ELECTRUM LAKE and LOBSTICK in Canada.

IMMC is listed in Canada. Its market capitalisation is CA$ 2.6 millions as of today (US$ 2.0 millions, € 1.7 millions).

Its stock quote reached its highest recent level on June 03, 2011 at CA$ 0.37, and its lowest recent point on March 20, 2020 at CA$ 0.01.

IMMC has 170 200 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of International Millennium Mining Corp.
5/30/2013Reports 1st Quarter Results and Announces Exchange Approval ...
5/23/2013Private Placement
10/12/2012Closes First Tranche of Private Placement
9/14/2012Private Placement Announced
8/2/2011Private Placement ClosedRecieved:
7/19/2011Private Placement Announced
3/28/2011Cabo Increases Private Placement to $2.525 MillionRecieved:
2/17/2011Cabo Drilling to Offer $1.5 Million Private PlacementRecieve...
3/8/2010Tamerlane Announces Non-Brokered Flow-Through Unit Private P...
2/23/2010IMMC closes Private PlacementRecieved:
2/12/2010Private PlacementRecieved:
12/2/2009Cabo Closes Private PlacementRecieved:
11/12/2009Cabo Increases Private Placement To $870KRecieved:
9/26/2009Closes Non-Brokered Private Placement
2/11/2009Announces Closing of Non-Brokered Flow-Through Private Place...
1/5/2009Announces Non-Brokered Flow-Through Private Placement
Option Grants of International Millennium Mining Corp.
4/8/2010Trade Winds Grants Stock OptionsRecieved:
7/6/2009Cabo Grants Stock Options Recieved
6/5/2006grant stock options
Financials of International Millennium Mining Corp.
5/20/2011Reports 4th Quarter and Annual Results
12/1/2008Third Quarter Report
8/30/2007Second Quarter Report
Project news of International Millennium Mining Corp.
2/15/2013(Hope Lake Property)Terminates Its Hope Lake Property Option Agreement
8/23/2011Trade Winds Intersects 3.08 g/t gold over 20.8 metres on Blo...
7/7/2011Cabo Drilling (Colombia) Corp. Awarded 20,000 Meter Drill Co...
6/22/2011Cabo Drilling (Pacific) Corp. Awarded Drill Contract by MAN ...
6/21/2011Cabo Drilling Corp Receives Shareholders ApprovalRecieved:
6/14/2011Cabo Drilling Corp. Commences Drilling at Ridgemont Iron Or...
6/4/2011IMMC Invite To World Resource ConferenceRecieved:
5/24/2011Cabo Drilling Corp. Commences Drilling at Empire Mining Corp...
5/11/2011Trade Winds Intersects 2.08 g/t gold over 30 metres on Block...
8/19/2010(Simon Mine)Confirms New Mineralized Zone At Simon ProjectRecieved:
6/1/2010(Simon Mine)Simon Drilling Intersects Encouraging MineralizationRecieved...
2/11/2010(Simon Mine)Drilling Begins On Simon Mine PropertyRecieved:
1/20/2010(Jason Claims) Commences Drilling and Closes First TrancheRecieved:
12/9/2009Property Updates and Placement announcedRecieved:
9/3/2009(Electrum Lake)Signs Letter of IntentRecieved:
6/29/2009(Cobalt Claims)Sign Formal Agreement
5/27/2009(Simon Mine)Simon Mine Nevada Property Exploration Update
1/20/2009(Hope Lake Property)Encouraged by Favourable Gold and Copper MMI Results
1/27/2009(Cobalt Claims)Options Out Interest In Cobalt Ontario Diamond Prospect
1/10/2008(Cobalt Claims) Survey Identify Strong Silver-Copper Anomalies
1/3/2008(Jason Claims)Jason Property Phase One Exploration
Corporate news of International Millennium Mining Corp.
6/23/2016International Millennium Mining Corp. Closes Private Placeme...
4/12/2016International Millennium Mining Corp. Completes Purchase of ...
2/2/2016Sale & Purchase Agreement Executed to Acquire 100% Interest ...
5/11/2015IIROC Trading Halt - CXD; CSN; GDX; HBY; IMI; JMC; LRC; PBM
11/22/2014Provides Update To Transaction With Elephant Copper Ltd. And...
11/21/2014IMMC Provides Update to Transaction with Elephant Copper Ltd...
5/30/2014International Millennium Mining Corp. Reports 1st Quarter Re...
5/1/2014International Millennium Mining Corp. Reports 4th Quarter an...
10/4/2013Sale & Purchase Agreement Terminated
7/10/2013Stock Options Granted and Warrants Extended
5/1/2013Reports 4th Quarter and 2012 Annual Results
4/15/2013Wild Goose Property MMI Survey Results
3/11/2013Sale & Purchase Agreement Executed To Acquire 100% Interest ...
3/11/2013Sale & Purchase Agreement Executed To Acquire 100% Interest ...
1/26/2013Join IMMC at its Hospitality Suite at this year's 2013 Round...
1/8/20132012 In-Fill Drilling Continues to Verify Thickness and Grad...
10/2/2012Stock Options Granted and Warrants Extended
4/18/2012Commentary on IMMC news release =2D Wild Goose
12/24/2011Cabo Announces Record 1st Quarter ResultsRecieved:
12/21/2011IMMC=3A Drilling at the Nivloc Project Returns Highest Grade...
12/12/2011IMMC Obtains Loan to Continue Drill Program at Nivloc
12/2/2011Reports 3rd Quarter Results
11/28/2011IMMC Drills 73 Feet of 158 g=2Ft Silver and 1.33 g=2Ft Gold ...
11/24/2011Cabo Drilling Announces Retirement of Three Directors, Nomin...
8/30/2011Reports 2nd Quarter ResultsRecieved:
8/22/2011Cabo Drilling Corp. Awarded 6,000+ Meter Drill Contract by P...
8/17/2011Joint Venture Partner First Mexican Gold Corp. Starts 2nd Dr...
8/17/2011Cabo Drilling Corp. Awarded 20,000 Meter Drill Contract by F...
8/17/2011Trade Winds Begins 20,000 Metre Drill Program on Block AReci...
7/14/2011More High Grade and Other Significant Intercepts Encountered...
7/4/2011Reports 1st Quarter ResultsRecieved:
7/1/2011Reports 1st Quarter Results
6/22/2011First Mex Confirms New Target & Issues Mexico Property Explo...
6/17/2011Cabo Drilling Corp. Awarded Drill Contract by Ber Alb Sh ARe...
6/10/2011Cabo Drilling Commences Drilling at Alderon Resource Corp. K...
6/3/2011Excellent Grade Found in New Hanging Wall Vein at Nivloc Min...
5/6/2011Granted Management Cease Trade Order
4/11/2011Hits Four Significant Ag/Au Zones in Drill Hole 11NL-5 at Ni...
3/21/2011Cabo Completes $2.525 Million Private PlacementRecieved:
3/8/2011Reports Sampling Results from Bailey Zone on Hilda Property ...
3/2/2011Cabo Announces 2nd Quarter ResultsRecieved:
3/1/2011Signs Option Agreement to Acquire Property Surrounding Its N...
2/23/2011s Positive Results, Adds Ground at Hilda Property Sonora Mex...
12/2/2010Reports 3rd Quarter Results
3/3/2010Trade Winds Announces $2 Million Brokered Private Placement
1/28/2010Closes Final Tranche Of Private Placement
9/1/2009IMMC Reports 3nd Quarter ResultsRecieved:
7/8/2009Change of Direction
6/2/2009Reports 1st Quarter Results
12/4/2008terminates a Cobalt Property Agreement
9/26/2007Purchases Nivloc Mine Property in Nevada
7/16/2007Signs Option and Joint Venture Agreement With First Mexican ...
7/6/2007Engages in Investor Relations
6/1/20071st Quarter 2007 Report
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (IMI.V)
0.015+0.00%
TSX-V
CA$ 0.015
07/12 16:03 -
0%
Prev close Open
0.015 0.015
Low High
0.015 0.015
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.015 -%
Volume 1 month var.
102,000 -%
24hGold TrendPower© : -37
Produces
Develops
Explores for Cobalt - Copper - Diamonds - Gold - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
20210.00%0.040.02
2020-50.00%0.030.01
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.82+1.69%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.04+1.38%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.56+4.63%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.52+6.78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.05+2.62%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+2.13%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19-7.32%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.90+1.60%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.43-0.46%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :