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 INTERNATIONAL MINERALS CORPORATION
New Website is Under
Construction.
(This website remains up-to-date until the
completion of the new site.)
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· A Toronto-listed (symbol “IMZ”) mineral
exploration company since 1994 and currently operating in South America,
specifically Ecuador and Peru. In January 2002, the Company changed its name
from “Ecuadorian Minerals Corporation”.
· IMZ is now
listed on the Swiss Stock Exchange (symbol "IMZ") and the Frankfurt Exchange (symbol
"MIW")
in order to give greater
access to European funds and financial institutions and for ease of trading for
our European shareholder base.
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The Company is focused on finding and developing high-grade gold
deposits that can be profitable at current gold prices, with targeted total
production costs of less than US$200 per ounce.
· IMZ’s strategy is to develop its gold deposits to a point where
they become attractive to a major mining company for purchase or joint venture.
·
A highly experienced management group with a proven history of
finding and developing profitable gold mines worldwide, having discovered over 40
million ounces of gold (approximately 1,240 tonnes) over the past 30 years.
· 3 key gold projects in South America:
1.
Rio Blanco (formerly Beroen) Project, Ecuador
Based on
drilling to date, an estimated Inferred Mineral Resource of approximately 1.0
million ounces of gold equivalent (over 5g/t, including a high grade
“core” of ± 0.6 million ounces at ± 11g/t gold and ±100 g/t silver) has
been discovered with potential to be much larger with additional drilling.
Results of preliminary evaluation of the technical and economic parameters for a
near-term (2005), medium-scale (300 to 400 tonnes per day) underground mining
operation for the high-grade portion of the Alejandra zone were announced on October 14, 2003 . Feasibility drilling of the zone is currently in progress. Results for the first forty-nine feasibility drill holes were released on March 8, 2004 , April 7, 2004 and May 27, 2004.
2.
Gaby Project, Ecuador
Ecuador’s largest undeveloped gold deposit. Independent prefeasibilty
studies estimate over 5 million ounces of gold on an inferred mineral
resource basis (and 3 million ounces on a preliminary reserve basis). Gaby
can be considered to be a call option on the gold price with no expiry date.
At $350 gold Gaby alone generates almost a 19% IRR and Cdn$3.50 per
share in free cash flow.
3.
Vetaspata Project, Peru
Unique, very high-grade (+17 g/t) gold deposit with only
limited drilling carried out so far. Additional drilling
and underground exploration work will be undertaken in 2003.
· Other
IMZ projects include:
1.
Canicapa Project, Ecuador
In January 2003, IMZ joint ventured the project to
IAMGOLD Corporation and IAMGOLD subsequently joint ventured the project to Gold Fields. Canicapa shows the alteration characteristics that of major gold deposits
such as Newmont's Yanacocha Mine in Peru. IAMGOLD/Gold Fields began an approximately 3,000m drill program in late January, 2004.
2.
Pallancata Project, Peru
Located in a region in southeastern Peru hosting numerous bonanza-type,
silver-gold deposits, Pallancata consists of a major vein structure with
recent and colonial-age underground workings. Recently completed
exploration by IMZ has identified significant silver-gold
mineralization. An initial drilling program comprised of 17
core drill holes totaling 2,491m was completed in late July,
2003. Drill assay results confirmed the high-grade, complex
nature of the Pallancata vein and also identified possible
porphyry-related, high-grade silver-gold mineralization in the breccia
zone west of the main vein structure. Full results are available in
the September 19, 2003 news release.
· In January 2004, IMZ closed a brokered private placement financing for Cdn$22.3 million
(US$17.0 million), with funds being used to further advance our projects and acquire and develop new gold projects worldwide.
· With financial strength enabling IMZ to acquire high quality gold
projects worldwide on reasonable terms, our goal is to be one of the premiere
exploration companies in the industry within the next two to three years.
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Issued and Outstanding:
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79.7 million (all free trading)
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Fully Diluted:
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85.7 million
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Share Price:
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Cdn$4.50-4.70 (US$3.40-$3.55)
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Market Capitalization:
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Approximately Cdn$356M
(US$269M)
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Stock Exchanges:
Toronto:
Switzerland
(Zurich):
Frankfurt
(Germany):
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Trading Symbols:
“IMZ”
“IMZ”
“MIW”
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What's New ?
May 31, 2004 - News Release
International Minerals Reports Third Quarter Financial Results
May 27, 2004 - News Release
International Minerals Reports New Drill Results from
Feasibility Study Definition Drill Program at Rio Blanco Project, Ecuador
April 7, 2004 - News Release
International Minerals Reports More High-Grade Gold Intersections
from Feasibility Study Drill Program at Rio Blanco Project, Ecuador
March 8, 2004 - News Release
International Minerals Reports High-Grade Gold Intersections
from Feasibility Study Drill Program at Rio Blanco Project, Ecuador
March 3, 2004 - News Release
International Minerals Discovers New High-Grade Silver-Gold
Mineralization at Pallancata Property, Peru
February 27, 2004 - News Release
International Minerals Reports Second Quarter Financial Results
February 5, 2004 - News Release
Drilling Starts at International Minerals' Canicapa Project, Ecuador
Update on Drilling at Rio Blanco, Ecuador
January 26, 2004 - News Release
International Minerals Completes Cdn$22 Million Financing
December 3, 2003 - News Release
International Minerals Intends to Raise Cdn$20 Million
December 2, 2003 - News Release
International Minerals Starts Feasibility Study Drill Program
on High-Grade Zone at Rio Blanco Gold-Silver Project, Ecuador
October 14, 2003 - News Release
International Minerals Announces Positive Scoping Studies
at Rio Blanco Gold-Silver Project, Ecuador
September 19, 2003 - News Release
Drilling at International Minerals' Pallancata Property, Peru
Intersects High-Grade Silver-Gold Mineralization within Multiple Targets
July 23, 2003 - News Release
International Minerals Evaluating High-Grade Mining
Scenario at Rio Blanco Gold-Silver Property, Ecuador
July 7, 2003 - News Release
International Minerals Starts Initial Drill Program
at Pallancata Silver-Gold Property, Peru
June 10, 2003 - News Release
International Minerals Listed on the Frankfurt Stock Exchange
May 15, 2003 - News Release
International Minerals Discovers Extensive High-Grade
Silver-Gold Mineralization at Pallancata, Peru
March 31, 2003 - News Release
International Minerals/IAMGOLD's Canicapa Gold Project, Ecuador
Joint Ventured with Gold Fields
March 6, 2003 - News Release
International Minerals Completes Cdn$5.1 Million Private Placement.
Northern Securities Withdraws Legal Action
February 24, 2003 - News Release
International Minerals Announces Private Placement Financing
February 19, 2003 - News Release
Northern Securities Files Legal Proceedings Against
International Minerals and the Toronto Stock Exchange
January 9, 2003 - News Release
International Minerals Signs Agreement for Joint Venture with IAMGOLD
on the Canicapa Gold Property in Ecuador
December 11, 2002 - News Release
International Minerals Announces Final Drill Results and
Updated Resource Estimate for Rio Blanco Property, Ecuador
August 9, 2002 - News Release
International Minerals Acquires Pallancata
Silver-Gold Prospect in Southern Peru
June 19, 2002 - News Release
International Minerals Listed on the Swiss Stock Exchange
May 1, 2002 - News Release
International Minerals Completes Cdn$5.0 Million
Non-Brokered Private Placement
January 23, 2002 - News Release
Ecuadorian to Change Name to International Minerals
Corporation as of January 24, 2002.
May 18, 2000 - News Release
High Grade Gold Mineralization Confirmed in Extensive
Underground Sampling Program at Vetaspata, Peru
Second Phase Drilling to Start at Beroen, Ecuador in Late May
April 13, 2000 - News Release
Ecuadorian Encounters Bonanza Grade Gold and Silver
Values in New Exploration Adit at Beroen
January 14, 2000 - News Release
Ecuadorian Announces Final Drill Results at Vetaspata, Peru
Underground Work Commences at Beroen, Ecuador
New Directors Appointed
April 24, 1997 - News Release
Ecuadorian Announces Positive Prefeasibility Study
at Gaby Project in Ecuador
Traded on the Toronto Stock Exchange: "IMZ"
Secondary Listing on the Swiss Stock Exchange: "IMZ"
Secondary Listing on the Frankfurt Stock Exchange: "MIW"
IMZ Stock Price
Chart - (provided by Canada Stockwatch)
More Information about IMZ
Properties
Key Personnel
Corporate
Information
Summary
of Share Capital
News Releases
Interim Financial Statements, Third Quarter, 2004
Interim Financial Statements, Second Quarter, 2004
Interim Financial Statements, First Quarter, 2004
2003 Annual Report
2003 Annual Information Form
Audited Financials Statements, 2003
2002 Annual Report
2002 Annual Information Form
Audited Financials Statements, 2002
2001 Annual Report
2001 Annual Information Form
Audited Financials Statements, 2001
Audited Financial Statements, 2000
2000 Annual Information Form
Corporate Office
International Minerals Corporation
7950 E. Acoma Drive, Suite 211
Scottsdale, Arizona 85260
USA
TEL 480-483-9932 FAX
480-483-9926
e-mail emc@primenet.com
For additional information, contact Steve Kay, President/CEO
The information contained
herein is deemed reliable, but not guaranteed. The information on this site has been
derived from publicly available material; for certainty of accuracy, readers are
recommended to reference the actual filed documents.
| International Minerals Corporation is not a reporting issuer in the United
States and the information provided herein is not a solicitation to sell shares. The
Company, however, has maintained a Standard and Poor's Corporate Listing since July 1996. |
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This site has been accessed
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times since January 11, 1999
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