VANCOUVER, BC / April 15, 2020 / IMC International Mining Corp ( CSE:IMCX ) ( OTCPINK:IMIMF ) ( FRA:3MX ) (the “ Company ” or “ IMC “), is pleased to announce that Mr. Jeffrey Reeder, B.Sc., P.Geo., a qualified person as defined in NI 43-101, has been appointed to the Company’s Technical Advisory Board, specifically in relation to the Company’s newly acquired 206.58 square kilometer Thane Property located in north-central British Columbia, Canada.
Mr. Reeder holds a BSc in Geology from the University of Alberta and has been involved in the Mining Exploration and Investment industries since 1988. During his career he has been involved with all aspects of junior mining companies and has held managing positions as VP Exploration, President and CEO for various companies. He is currently President and CEO of Peruvian Metals Corporation, a public company that initially staked, explored and defined a resource for a copper-molybdenite porphyry before it was sold to Peñoles de Mexico.
Mr. Reeder worked 5 years as an exploration geologist for the Hunter-Dickenson Group from 1989 to 1993. He worked almost exclusively throughout BC and the Yukon on copper-gold porphyry deposits such as Mt. Milligan, South Kemess, Fish Lake and Casino. This experience aided Mr. Reeder in the discovery of two porphyry deposits in Peru that resulted in NI43-101 resources, the Aguila copper-molybdenite porphyry deposit and the Pinaya copper-gold porphyry deposit.
Of particular interest to IMC is Mr. Reeder’s experience working at Mt. Milligan and South Kemess. The Thane Property owned by IMC is located within the Quesnel Terrane along the northeast contact of the Hogem Batholith, an alkalic suite of rocks hosting porphyry copper-gold deposits. 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. At Mt. Milligan Mr. Reeder was a drill site geologist and logged a significant amount of core from both the MBX and Southern Star zones. In 1991, Mr. Reeder’s focus was mainly on the delineation of the South Kemess zone where he logged the majority of the core drilled.
“I am pleased to have Mr. Reeder join IMC’s Technical Advisory Board”, stated Brian Thurston, President of IMC, “I worked with Jeff on the Casino copper-gold porphyry deposit in the Yukon early in my career, and later in Peru on several properties. Mr. Reeder’s technical strength as a geologist is his understanding of copper-gold porphyry systems. I look forward to seeing what value his extensive experience will add to the advancement and development of our Thane Property”.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Executive Officer and President
ABOUT INTERNATIONAL MINING CORP.
IMC International Mining Corporation is a junior exploration and development company. It is focused on creating shareholder value through the advancements of its assets which include the Thane 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. International Mining 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.
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Forward-Looking Information: This news release contains “forward-looking information” within the meaning of applicable securities laws, including statements regarding: the completion of the Private Placement, the Company’s intention to acquire further mineral properties; the Company’s business plans and prospects and the future of the Company’s business, the acquisition, exploration and development of its assets; and the ability to create shareholder value. 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, the risks that the Private Placement may not complete in the full amount contemplated, or at all, that the Company may not acquire any additional mineral properties, that the Company’s plans and prospects will vary from those stated in this news release 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. Accordingly, readers should not place undue reliance on forward-looking information. The statements in this news release are made as of the date of this release.
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