�����������������������������������������������������������������������������������������������������������������������������������������������������������
����������� ������ ���������������������������������������� �����������
FOR RELEASE:�
Monday, August 20, 2007��������������������������� �����
����������� ��������������������������������������������������
CONTACT:� Graham
Chisholm, President & CEO
__________________________________________________________________________________________________________________________________________________________
PRESS
RELEASE
ICS TO APPLY FOR LISTING ON TSX
ICS wishes to make various announcements as follows:
��� 1)���� The Company has commenced an application to
list on the TSX.
��� 2)���� The
Company�s drill programme is well under way with visible sighting of Malachite
in core samples indicating the presence of copper. Initial drill results are
expected to be announced by early October 2007 or sooner. Extensive bush
clearance and ground preparation has taken place with an initial compound area
cleared, compacted and fenced.
��� 3)���� The
Company has commissioned an EIA (Environmental Impact Assessment
) report on the Mokambo Mine which is expected
to be completed by Dec 2007.
��� 4)���� Following
meetings with GRD Minproc the company has decided to
appoint GRD Minproc to undertake� the DFS (Definitive Feasibility Study)
on the Mokambo Mine with a possible completion date
of March, April 2008.
��� 5)���� An application is being made to the Zambian
Ministry of Mines for a Large Scale Mining licence.
��� 6)���� The Company has received
confirmation that the two�
environmental
PAR reports (plan d�att�nuation et de r�habilitation de l�environnement)
on the recently acquired gold copper concessions in the DRC pedicle have been approved by the DRC Ministry of Mines.
About ICS
The Company aspires to develop into being a major
African mining company centered on the copper belt of Democratic Republic of
Congo (DRC) and Zambia.
It holds an option agreement to acquire up to 80% of the Mokambo
Copper mine in Zambia,
an option agreement to acquire 76% of the Musoshi Tailings
in DRC and an option agreement to acquire 73.5% of a group of four mining
concessions in DRC.
The company also has two �gold and copper concessions� covering approx. 60
square miles in DRC pedicle.
ON BEHALF OF THE BOARD OF
DIRECTORS
�Graham A. Chisholm�
Graham A.
Chisholm
President and
CEO�������������������������������������������������������������������������������������������������������������������������������
THE TSX VENTURE EXCHANGE
DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.
# 202 � 2526 Yale Court Rd., Abbotsford, British Columbia, Canada, V2S 8G9
Telephone:
604-859-3007 Fax: 604-859-3008
For Further
information contact:
Graham Chisholm, President � (604) 859-3007 - Email: graham@icscopper.com
Brett Whitelaw, Vice-President of Public
Relations � (778) 836-5891 � Email: brett_whitelaw@telus.net
www.icscopper.com
Important Information
This
release includes certain statements that may be deemed to be
"forward-looking statements" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. All statements in this release, other
than statements of historical facts, that address future production, reserve
potential, exploration and development activities and events or developments
that the Company expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from those
in the forward-looking statements include market prices, exploration and
development successes, continued availability of capital and financing, and
general economic, market or business conditions. Please see our public filings
at www.sedar.com
for further information.