First Mexican Drills 33.4M of 4.27 G/T Au, 395 G/T Ag & 1.24% Cu On International Millennium Hilda Property Sonora Mexico

North Vancouver, BC: International Millennium Mining Corp. (“IMMC” of the “Company”) in conjunction with First Mexican Gold Corp (“First Mex” TSX-V FMG) announces the results from the first three holes of the planned 10 hole diamond drill program (approximately 1250 metres) on the Company’s property package in the Guadalupe - Santa Anna area of Sonora State, Mexico.  The 1566 hectares property package (under option to and referred to by First Mex as the Guadalupe Property) is contiguous to Corex Gold Corp (CGE -TSX-V) Santana Property where consistently good exploration results have been demonstrated.

First Mex reports, the initial three holes, all from the Karen zone, on the Hilda 30 concession, have returned the following very good grade intersections from surface or near surface occurrences over significant mineable widths and which are highlighted by the following intersection in Hole HDH 10-05.

  • *33.4 M of 4.27 g/t Au, 395 g/t Ag & 1.24% Cu beginning at surface.

Drill hole

from  (m)

to (M)

Length (M)

Au (g/t)

ag (g/t)

cu (%)

HDH 11-04

0.00

15.24

15.24

1.57

335.5

0.18

in addition

21.35

43.70

22.35

0.35

200.3

1.21

HDH 11-05

0.00

33.46

33.46

4.27

394.7

1.24

HDH 11-06

17.90

39.50

21.60

4.90

104.2

0.73

Holes HDH 11-04 and HDH 11-05 were collared at the same location with hole HDH 11-04 having an azimuth of 70 degrees and a dip of -66 degrees.  Hole HDH 11-05 had the same azimuth and a dip of -50 degrees.  Both holes were drilled to approximately 100 metres depth and were mineralized throughout.   These holes are not believed to be perpendicular to the mineralization on the Karen Zone.

Hole HDH 11-06 was collared 45 metres to the NW and 23 metres higher in elevation with an azimuth of 140 degrees and a dip of -54 degrees effectively cross cutting holes 4 & 5 on an 85 degree angle.

“We are very pleased with these initial results from our 2011 drill program at the Karen zone of the Guadalupe property and look forward to further drill results," said Jim Voisin, President and Chief Executive Officer of First Mexican.  Mr. Voisin adds: "These initial holes for 2011 have confirmed the higher grade potential of this project and provide a good start to our 2011 program which has just barely begun.”

“John Versfelt, the Company’s President and CEO say’s, “We congratulate First Mex on the excellent results of their initial drilling and await the results of further drilling with keen interest.”  Mr. Versfelt went on to say, “Results like this, add credence to IMMC’s strategy of targeting silver/gold/polymetallic mineral properties in Canada and the Americas.”

Having completed 5 diamond drill holes to date on the Karen zone, with 2 still to report, First Mex advise they will now take the time to model and interpret these very positive results to date before advancing the next phase of drilling on this zone.  The next step is to be a planned IP program for the Karen zone.

The drill rig is presently moving approximately one kilometre west to Hilda 38 and the Diana zone where First Mex expect to drill two or three holes into what they consider a lower grade higher tonnage mineralized target.  The final holes of this program are intended to be drilled on the Bailey zone, a recently acquired property with a very interesting display of azurite (Copper Carbonate Hydroxide) laden rock, where assays of initial rock samples from the adit of the historic copper mine have confirmed the significance of this high potential drill target.

SJ Geophysics Ltd. Geophysics of Delta B.C.  has been contracted to mobilize an IP (Induced Polarization) crew to the Guadalupe project as quickly as possible to begin a 25 line-kilometre program.  This 3D IP program is designed to enhance the drill targeting over future multiple target rich areas and provide follow-up data to assist in the next phase of drilling the initial discoveries within our continually expanding property package.

In addition to completion of the present drill program, building out of the new camp and the IP program, First Mex will continue to focus on extensive soil and rock chip sampling/mapping across the Guadalupe property.  Precious metal results to date have been very encouraging and support First Mex’s view of the positive exploration potential of this prospective gold/silver/copper bearing area.

John Archibald, PGeo, of Billiken Management Services Inc., a qualified person pursuant to NI 43-101, has reviewed and approved the technical information in this press release on behalf of the company.  Mr. Archibald advises core assays are performed on core sawed in half, with standard fire assay procedures and atomic absorption finish.  Certified reference material, duplicate and blanks are inserted in the sample sequence for quality control.  Samples were prepared and assayed by an accredited lab, ALS Chemex, Vancouver, BC.  The rejects for all samples returning >10 g/t Au are totally pulverized and re-assayed.

About First Mexican Gold Corp
First Mexican Gold Corp is an active explorer for precious metals in Mexico and holds an option to acquire 80% interest in the Guadalupe property package from Minera Internacional Milenio S.A. de C.V. (MIMSA) a wholly owned subsidiary of IMMC.  First Mex is earning its 80% interest in the properties by incurring an additional US$3 million of expenditures, making timed cash payments of US$100,000 and by issuing 1.4 million First Mex shares over a 5 year period.

About International Millennium Mining Corp
International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mine deposits world-wide and in the exploration of polymetallic mineral properties in Canada and the Americas.  To date, the Company has acquired and is exploring mineral properties in British Columbia and Ontario, Canada; Nevada, USA; and Sonora State, Mexico. Emerging mineral targets include gold, silver, cobalt, molybdenum, zinc, lead, nickel, copper and platinum group metals. The Company’s common shares trade on the TSX Venture Exchange under the symbol: IMI and on the Frankfurt Exchange under the symbol: L9J.

ON BEHALF OF THE BOARD

 “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 Ms. Sheri Barton: 403-217-5830 This email address is being protected from spambots. You need JavaScript enabled to view it. or Mr.

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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  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 statements.