International Millennium Mining Corp. executed a letter of intent with Cabo Drilling Corp. (“Cabo”) to acquire 100% of Cabo’s interest in four Ontario mineral properties. Cabo will proceed, on behalf of the Company with the exploration of the Cobalt Area Property located in the Larder Lake Mining Division near Cobalt, Ontario.
North Vancouver, BC - On December 15, 2005, International Millennium Mining Corp., (“IMMC” or the “Company”) executed a letter of intent with Cabo Drilling Corp. (“Cabo”) to acquire 100% of Cabo’s interest in four Ontario mineral properties. Cabo will proceed, on behalf of the Company with the exploration of the Cobalt Area Property located in the Larder Lake Mining Division near Cobalt, Ontario.
The exploration program will include 1,000 metres of diamond drilling to be completed by Cabo’s Heath & Sherwood subsidiary. The Cobalt Area Property is one of four mineral properties the Company agreed to purchase from Cabo as detailed in the Company’s News Release of December 28, 2005 and Information Circular dated April 28, 2006.
International Millennium Mining Corp. is a mineral exploration and development company engaged in the acquisition and exploration of mineral properties in Canada and the Americas. To date the Company has acquired and is exploring mineral properties in British Columbia, Canada; Nevada, USA; and Sonora State, Mexico. Emerging mineral targets include silver, gold, cobalt, molybdenum, zinc, lead, nickel, copper and platinum group metals.
ON BEHALF OF THE BOARD
signed “John A. Versfelt”
John A. Versfelt
President and CEO
Further information about the Company can be found on SEDAR (www.sedar.com) or by contacting Mr. John A. Versfelt, President & CEO of the Company or Mr. D. Alex Caldwell, Corporate Secretary at 604-984-9907.
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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 statemen
