IMC International Mining Corp. Announces Gail/Cirque Area Results
IMC International Mining Corp. Announces Gail/Cirque Area Results
Significant Copper and Gold results from Rock Sampling
May 26, 2020
Vancouver, BC – IMC International Mining Corp. (CSE:IMCX) (OTC:IMIMF) (FRA:3MX) (the “Company”
or “ IMC”), is pleased to announce results from it ’s on-going compilation of work from its recently
acquired Thane Property (the “ Property”) located in north -central British Columbia. IMC began an
extensive compilation and synthesis of available data from the Property, which includes 359 rock samples
collected by CME Consultants Inc. (“ CME”), 1,098 rock samples collected by Thane Minerals Inc. (“TMI”),
and soil sampling and Induced Polarization (“IP”) surveys completed by TMI.
Work on the Property has identified six areas of significant gold copper silver mineralization. The
results from IMC’s compilation work presented in this news release are for the Gail and Cirque Areas. The
Company in a May 19, 2020 press release presented the Cathedral Area results . As compilation
continues, the Company will disclose results from the CJL, Lake, and Mat Areas of the Property.
Gail Area
The Phelps Dodge Corporation (“PDC”) sampled the Gail Area in 2000 prior to involvement of CME and
TMI. Grab samples from within the Gail Area by PDG identified numerous anomalous copper and gold
values, including grab samples of up to 4.49% Cu and 6.48 g/t Au.
The Gail Area was visited in 2012 by TMI for a 10-day prospecting program in which 295 rock samples
were collected. Prospecting by TMI at Gail was limited to the central region , and did not evaluate zones
previously sampled by PDG . To the west of TMI’s work PDG grab samples returned significant assay
results, including a grab sample of 4.49% Cu, 0.12 g/t Au, and to the north-west, 6.86% Cu, 1.05 g/t Au.
Of the 295 rock samples collected by TMI in 2012, 140 returned assays greater than 0.1% Cu while a total
of 32 samples returned greater than 1 .0% Cu, to a maximum v alue of 7.69% Cu. A total of 34 samples
returned assays greater than 0.1 g/t Au, with 8 samples greater than 1.0 g/t Au. Anomalous gold and
silver values are invariably associated with anomalous copper values but the converse does not appear
true for this Area. Selected rock sample results from TMI’s wor k at the Gail Area showing are presented
in Table 1. Figures illustrating sample locations for the Gail Area will be made available on the Company’s
website.
Table 1: Selected rock sample results, Gail Area
Sample Sample Type Cu (%) Au (g/t) Ag (g/t)
1438 Float 2.05 0.04 15.0
1440 Float 1.91 0.25 15.4
1443 Float 4.78 2.01 28.0
1444 Float 1.43 0.01 1.1
1448 Outcrop 1.71 0.04 17.5
1450 Outcrop 2.01 0.09 18.5
1455 Float 2.19 0.71 20.7
1456 Outcrop 1.42 0.40 8.5
1474 Outcrop 4.19 1.46 13.3
1485 Sub-Outcrop 1.19 0.18 10.9
1487 Outcrop 1.19 0.02 9.1
1512 Float 1.53 0.22 7.0
1517 Float 2.10 0.57 8.4
1529 Float 1.61 1.72 10.1
1531 Sub-Outcrop 7.69 1.26 65.2
1537 Float 1.09 0.13 12.6
1538 Sub-Outcrop 4.05 0.09 22.6
1556 Outcrop 1.53 0.07 14.6
1578 Float 1.69 0.14 34.0
1639 Outcrop 1.39 0.11 7.9
1651 Outcrop 2.46 0.66 11.8
1667 Float 1.84 0.03 15.5
1668 Outcrop 6.88 3.68 27.9
1679 Float 1.05 0.10 7.5
1680 Float 1.45 0.34 8.1
1682 Float 5.62 2.16 40.3
1688 Float 2.11 0.00 1.7
1698 Float 1.40 0.00 2.6
1699 Float 2.29 0.01 6.1
1707 Float 1.21 0.08 12.9
1725 Outcrop 1.60 0.01 4.1
1740 Float 1.13 0.01 90.6
A geological model for the Gail A rea has not yet been established. The Gail Area lies wholly within the
rocks of the Hogem Plutonic Suite. The lithologies are dominated by granodiorite and quartz monzonite.
Quartz diorite, diorite, monzonite and feldspar breccia are also present along with minor occurrences of
volcanic and rhyolite/dacite dykes. Mineralization primarily occurs as disseminations of chalcopyrite.
Cirque Area
At the Cirque Area, a visit by CME in 2010 found anomalous malachite and azurite staining on the eastern
facing cirque. Other than a single day visit to the eastern part of this area, there has been no follow-up
since the initial discovery. The lithology of the area consists of coarse-grained, leucocratic, equigranular
diorite consisting of 60% plagioclase feldspar (2 to 4 millimeter s), 30% hornblende and 10% magnetite.
Enclaves of up to 90% magnetite, approximately 10 centimeters in diameter, with 10% epidote are found
within nearby angular boulders.
The main Cirque showing is located 2.5 kilometers west of the Gail showing. The azurite and malachite
form a 1-millimeter layer that covers the face of t he cliff and was formed from leaching of chalcopyrite
rich rocks higher in the cliff. A similar, approximately 15 meter s wide, secondary copper oxide alteration
zone occurs 50 meters south of the main showing . No samples have been collected from this southern
showing. The mineralization found within this area is structurally controlled, with a series of narrow sub -
parallel sulphide veins.
A one-day traverse was undertaken at the Cirque Area in 2012 by TMI. The 2012 sampling was limited to
the eastern region of the Cirque Area in the vicinity of the historical 2.85% Cu sample taken by CME in
2010. Of the 8 samples collected, two returned greater than 1% Cu. The host rock is principally mediu m
to fine-grained granodiorite. Mineralization differs from th e main showing of the Cirque, as chalcopyrite
was found to occur as disseminations throughout the fine -grained granodiorite. Figures illustrating
sample locations for the Cirque Area will be made available on the Company’s website.
Table 2: Selected rock sample results, Cirque Area
Sample Sample Type Cu (%) Au (g/t) Ag (g/t) Year
1463 Outcrop 0.18 0.02 0.7 2012
1465 Float 0.35 0.51 6.2 2012
86361 Float 0.24 0.16 0.7 2010
86362 Float 0.40 0.05 1.4 2010
86364 Float 2.85 0.27 8.6 2010
86437 Float 0.19 0.15 12.2 2010
92338 Sub-Outcrop 0.13 0.01 0.1 2010
92340 Float 0.18 0.04 0.2 2010
92342 Outcrop 1.23 0.15 5.5 2010
“The focus for IMC this summer is the Cathedral Area as we prepare for a drill program,” stated Brian
Thurston, Chief Executive Officer and President of IMC. “However, the substantial copper and gold values
observed within the Gail and Cirque Areas call for additional exploration and only highlights the potential
for discovery on our underexplored, 206 square kilometer Property.”
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 focused on creating shareholder value through the
advancements of its current assets that include the Thane Property in north-central British Columbia, and
the Bullard Pass Property in Arizona. Utilizing its heav ily experienced management team, IMC continues
to source and evaluate assets to further generate shareholder value.
The Thane property covers approximately 206km2 (50,904 acres) and is located in the Quesnel Terrane of
north-central British Columbia. The northern part of the Quesnel Terrane extends from south of the Mt.
Milligan Mine northward to the Kemess Mine, with the Thane property located midway between these
two copper-gold porphyry deposits. The Thane property includes several highly prospective mineralized
areas identified to date, including the ‘Cathedral Area’ on which the Company ’s exploration is currently
focused.
The Bullard Pass Property is comprised of 171 unpatented federal lode claims totaling 3,420 acres and is
located in west -central Arizona, northwest of Phoenix, with in the Pierce Mining District of Yavapai
County. The property has a regional setting typical of detachment fault gold deposits and has geological,
mining and metallurgical similarities to the Mesquite Mine in California . The claims are 100% owned by
IMC International Mining Corp.
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 the Company's business and plans, including with respe ct
to undertaking further acquisitions and carrying out exploration activities in respect of its mineral projects.
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. 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 ability of the Company to obtain necessary
approvals; speculative nature of the Company’s business; t he Company’s formative stage of development; 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 forward-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 reference 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