IGC

IGC Resources Inc. (TSX VENTURE:IGC)(PINK
SHEETS:IGCGF)(FRANKFURT:I6G)(WKN:A0HGX4) ("IGC" or the "Company") is pleased to
report that Atomic Resources Limited (ASX:ATQ) ("Atomic", an Australian listed
company in which IGC holds 28.55%), expects to begin drilling in early July on
the Ngaka coal deposit in Southern Tanzania, one of three separate coal deposits
joint ventured with the Tanzanian National Development Corporation. The
comprehensive diamond drilling program is aimed at confirming a JORC-compliant
resource as soon as possible from the potential target of between 90 - 110
million tonnes of thermal coal(1). For further information refer to Atomic's
website at www.atomicresources.com.au.


(1) The information in this release was taken from the Atomic Resources Limited
release of June 17, 2008, which release complies with section 18 of the
Australian Code for Reporting of Mineral Resources and Ore Reserves ("JORC
code") and guidelines in stating a resource potential target based upon the
geological information provided. There are no resources or reserves currently
available for the project areas that satisfy the JORC Code or the Canadian
National Instrument 43-101, Standards of Disclosure for Mineral Projects ("NI
43-101") for reporting resources and reserves.


About IGC Resources Inc.: IGC's principal business activities are the
exploration and development for mining of gold and copper projects in Australia
and Africa while continuing to investigate other mineral resource prospects for
potential acquisition globally.


Statements in this release may constitute forward-looking statements which
involve known and unknown inherent risks and uncertainties that are detailed in
IGC's periodic filings with Canadian securities regulators. Given these risks
and uncertainties, investors should not place undue reliance on forward-looking
statements as a prediction of actual results. Actual events or results could
differ materially from IGC's expectations and projections.

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