OR TO U.S. NEWS AGENCIES 2864 chemin Sullivan
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES
OR TO U.S. NEWS AGENCIES
2864 chemin Sullivan
Val-d’Or, Québec J9P 0B9
INTERNATIONAL PROSPECT VENTURES PROVIDES UPDATE ON
PROCUREMENT IN WESTERN AUSTRALIA
Val-d’Or, Québec – July 13, 2018 – International Prospect Ventu res Ltd. (TSX-V:IZZ) (the
“Company”) announces that it is continuing its NSR royalty sear ch and engaging in discussions
with interested groups and vendors. The Company is also contin uing discussions with property
holders in the Pilbara Craton gold district, and will provide f urther updates as circumstances and
milestones warrant.
International Prospect Ventures’ Projects in the Western Pilbara
The Company has made application for 8 tenements (pending appro val) in the Marble Bar and
Nullagine areas of the Pilbara Region, Western Australia (Forte scue Basin). The pending
properties cover more than 900 square kilometres and are proxim al to and/or cover target
lithologies for gold-bearing conglomerate/sedimentary rocks at the base of the Mt. Roe Basalt (2
tenements), gold-bearing Mosquito Creek and Hardey formations ( 4 tenements), and other
prospective rocks of the Fortescue Group (2 tenements). Seven o f the 8 tenements are immediate
to lands held by Novo Resources, Pacton Gold, and Millennium Minerals. The Company is party
to a binding share exchange agr eement to acquire 100% interest in Valroc Ventures Pty Ltd., the
New South Wales, Australia company that the Company has an agreement with to jointly acquire,
each as to an undivided 50% interest, certain applications for tenements located in gold-bearing
Pilbara region of Western Australia. The Company anticipates t hat the applications for the
tenements will be confirmed in the near future.
Comet Well Gold Property
The Company further announces its proposed acquisition of a 0.5% royalty on net smelter returns
on the Comet Well Property located in the Pilbara Craton, Western Australia, as announced by the
news release on June 28, 2018, will not be proceeding as Novo R esources Corp. has given notice
to the vendor that it intends to exercise its right of first refusal on the purchase of the royalty.
About International Prospect Ventures Ltd.
The Company is a junior natural resource issuer involved in the process of exploring, evaluating
and promoting its mineral property interests. The Company owns a 100% interest in the Porcupine
Miracle Prospect consisting of four mineral claims located in L angmuir Township in Ontario; a
40% interest in the Beartooth Island Prospect located in the At habasca Basin in Saskatchewan
which is the subject of an agreement with Ditem Explorations In c. and of which Ditem is the
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operator; and a 100% interest in the Otish and Mistassini Prosp ects located in the North central
region of Québec. The Company is also in the process of identifying and evaluating other mineral
property opportunities in Canada and internationally.
For additional information, please contact:
Glenn J. Mullan
President
2864 chemin Sullivan
Val-d’Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204
Email: [email protected]
Website: www.iprospectventures.ca
Forward Looking Statements:
This news release contains certain statements that may be deeme d “forward-looking statements.
Forward looking statements are statements that are not historic al facts and are generally, but not
always, identified by the words “expects”, “plans”, “anticipate s”, “believes”, “intends”,
“estimates”, “projects”, “potential” and similar expressions, o r that events or conditions “will”,
“would”, “may”, “could” or “should” occur. Although the Company believes the expectations
expressed in such forward-looking statements are based on reaso nable assumptions, such
statements are not guarantees of future performance and actual results or realities may differ
materially from those in forward looking statements. Forward looking statements are based on the
beliefs, estimates and opinions of the Company’s management on the date the statements are made.
Except as required by law, the Company undertakes no obligation to update these forward-looking
statements in the event that management’s beliefs, estimates or opinions, or other factors, should
change.
Neither TSX Venture Exchange nor its Regulation Serv ices Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
news release.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NO T FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITAT ION OF AN
OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES.
THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UND ER THE
UNITED STATES SECURITIES ACT O F 1933, AS AMENDED, OR ANY STATE SECURITIES
LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S.
PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.