Acquisition Of Interest In Simon Property In Nevada

VANCOUVER - International Millennium Mining Corp., with its wholly owned Nevada subsidiary, International Millennium Mining Inc. (IMMI) has finalized a non-binding letter of intent (LOI) with Altair Resources Inc., in which Altair may acquire up to 65% ownership interest in the Company's Simon Property, located in Nevada.

The transaction are subject to the necessary approvals from the TSXV. Any securities issued in connection with the transactions will be subject to applicable statutory hold periods for a period of four months from the date of issuance.

John A. Versfelt, President, said, "As a result of these transactions, the Company has secured the exploration of its polymetallic Simon Property, Nevada. These are exciting times for the exploration and mining community, with renewed interest in base and precious metal investment driving exploration in both Canada and the United States."