IMC International Mining Corp. Announces Analytical Geochemical Program Update
IMC International Mining Corp. Announces Analytical Geochemical Program Update
Soil Samples return Copper Anomalies in the Cathedral Area
May 6, 2020
Vancouver, BC – IMC International Mining Corp . (CSE:IMCX) (OTC:IMIMF) (FRA:3MX) (the “Company”
or “ IMC”), is pleas ed to announce the receipt of a geochemical sampling and data verification report
from CME Consultants Inc. ( “CME”) on its Thane Property (the “ Property”). This study was requested by
IMC to determine the quality of the results from samples previously collected by Thane Minerals Inc.
(“TMI”) on the Property.
The object of the study was to undertake multi -element and gold analysis on rock samples collected by
TMI that were not previously analyzed by a n accredited geo chemical laboratory, and to confirm the
results of analytical work undertaken on previous work programs. The study involved the submission of
452 rock sample pulps, origin ally collected throughout the P roperty, and 223 contour soil samples,
originally collected from the Cathedral Area, but not previously analyzed. Samples were submitted to
ALS Minerals of North Vancouver (“ALS”) for multi-element (ICP-MS) and gold analysis (fire assay).
The ALS assay results from both the rock and soil samples returned sim ilar values to those returned from
analysis by a portable X-Ray F luorescence instrument (“pXRF”) originally used by TMI. Samples were
originally analyzed by pXRF as a time and cost saving measure, to reduce the quantity of samples
submitted to the laboratory for geochemical analysis. In previous years only samples returning greater
than 1,000 ppm Cu by pXRF analysis were originally submitted by TMI to a laboratory for further analysis.
Although the pXRF instrument is an efficient tool in determining copper values, the instrument is unable
to obtain reliable gold values.
To verify the rock samples collected in 2012 that were submitted to a n accredited geochemical
laboratory, but did not include adequate quality control protocols, approximately 5% of th ose original
samples (16 rock sample pulps) were submitted to ALS for check analysis. As a result of the ALS check
analysis returning acceptable statistical results, the Company now considers all of the results reported by
ActLabs in 2012 acceptable for public disclosure. Rock sampling undertaken by TMI on the Property in
2013, 2016, 2017, and 2019 included adequate quality control measures and the Company considers the
results acceptable for public disclosure. IMC will be compiling the results from the 452 rock sample pulps
from this recent analytical geochemical program, along with all prior years assay results from rock
samples and will be releasing them in due course.
The results from the submission of contour soil samples returned four broad in-line copper anomalies
(Areas A-D), with three anomalies located on the south -facing slope of the Cathedral Area , coi ncident
with arsenic anomalies. Sample spacing was set at 25 metres, but actual distance deviated approximately
+/- 5m. The 360 metre long Area A anomaly, with a high copper value of 972 ppm Cu, is located along
the possible strike extension of the gold -bearing structural features of the Pinnacle Showing. The 200
metre long Area C anomaly , with a high copper value of 628 ppm Cu, is located approximately 530
metres to the south -southwest of the 400 metre long Area B anomaly , with a high copper value of 941
ppm Cu . The 240 metre long Area D anomaly , with a high c opper value of 1,455 ppm Cu, is located
approximately 250 metres directly above the Area B anomaly. Background copper value from the 223
collected soil samples is 141 ppm Cu. For gold results, a total of nine soil samples returned greater than
0.1 ppm Au, including three spot gold highs (0.439, 1.045 and 5.0 ppm Au) located outside of the Area A-
D copper anomalies.
In 2019, TMI completed 8.4 km’s of I nduced Polarization (“ IP”) geophysical surveying at the Cathedral
Area. One of the survey lines straddles the soil contour line that returned the Area A and Area B copper
anomalies. The Company recently received the IP report from that exploration program and is currently
combining results with the recently obtained soil samples results. IMC will provide the results from the IP
program shortly.
“We are extremely encouraged with the outcome of this analytical geochemical program initiated by the
Company”, stated Brian Thurston, Chief Executive Officer and President of IMC. “These quality -control,
quality-assurance results, supported by ALS assaying , is val idation that TMI has conducted past
exploration in a professional manner. The result of minimal soil samples returning four broad in -line
copper anomalies is very encouraging. We look forward to compiling the rock samples from the property
and making all results public once completed”.
The scientific and technical information disclosed in this news release was reviewed , verified and
approved by Christopher O. Naas, P. Geo., of CME who is a “Qualified Person” as defined in NI 43 -101.
Mr. Naas is a shareholder of the Company and owner of CME.
ON BEHALF OF THE BOARD OF DIRECTORS
Brian Thurston
Chief Executive Officer and President
ABOUT INTERNATIONAL MINING CORP.
IMC is a junior exploration and development company. It is focused on creating shareholder value
through the advancements of its assets which include the Cathedral Property in Northern British
Columbia and the Bullard Pass Property in Arizona. The Company continues to look for further assets in
North & South America as it increases its asset portfolio. IMC will utilize its heavily experienced
management team to evaluate assets that provide shareholder value.
IMC continues to evaluate additional properties to add to its portfolio of mining assets.
INVESTOR RELATIONS:
1 (604) 588-2110
https://imcxmining.com
Forward-Looking Information: This news release contains "forward -looking information" within the meaning of
applicable securities laws relating to statements regarding exploration results; the compiling and release of rock
samples from prior years on the P roperty; the provision of results from the IP program; and the Company's business
and plans, including with respect to undertaking further acquisition and carrying out exploration activities in respect
of its mineral projects. Although the Company believe s that the expectations reflected in the forward -looking
information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are
cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject
to risks and uncertainties that may cause actual results, performance and developments to differ materially from
those contemplated by these statements depending on, among other things, risks related to the speculative natur e
of the Company’s business; t he Company’s formative stage of development; possible variations in exploration
results; the Company’s financial position; conclusions of future economic evaluations; business integration risks;
fluctuations in the securities market; that the Company's plans and prospects will vary from those stated in this news
release; that the Company does not complete any further acquisitions; that the Company does not carry out
exploration activities in respect of its mineral projects as planned (or at all); and that the Company may not be able
to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any
obligation and does not intend to update any forward -looking statements or fo rward-looking information in this
news release. Although the Company believes that the expectations reflected in the forward -looking information
are reasonable, there can be no assurance that such expectations will prove to be correct and makes no referen ce to
profitability based on sales reported. The statements in this news release are made as of the date of this release.
The CSE has not reviewed, approved or disapproved the content of this press release