ICMI Intl. Cons. Min

    RNS Number : 5655Z
  International Consolidated Min. Inc
  22 July 2008
   

    22 July 2008
    INTERNATIONAL CONSOLIDATED MINERALS INC.
    Pachapaqui - Permitting Process Completed

    International Consolidated Minerals Inc. (AIM: ICMI) (the "Company" or "ICMI"), the South American focused mineral exploration and
development company, is pleased to announce that it has now received a beneficiation permit for its concentrator plant at the Pachapaqui
Mine in Peru, following, as previously announced on 15 April 2008, approval of the final Environmental Impact Study ("EIS").  The EIS was
approved by the Ministry of Energy and Mines on 4 February 2008. This final permit approval now allows the Company to rehabilitate and
construct the concentrating facilities to facilitate a mill feed rate of 1,500 tonnes per day.

    Marvin H. Pelley, Chief Operating Officer commented:,
    "Completing the permitting process following approval of Pachapaqui's EIS is an important milestone for the development of this
extraordinary mining asset. We continue working towards our earlier stated goal of commencing production in Q1 2009".
    

    Enquiries:
 Pawan Sharma, Executive Vice    International           Tel: +44 (0)20 7808
 President - Corporate Affairs   Consolidated                           4851
                                 Minerals Limited
 Simon Raggett / Warren Pearce   Strand Partners         Tel: +44 (0)20 7409
                                 Limited                               3494 
 Charles Vivian / Sergei         Pelham PR               Tel: +44 (0)20 7743
 Stephantsov                                                     6672 / 6604

    ADDITIONAL INFORMATION ON INTERNATIONAL CONSOLIDATED MINERALS Inc 
    International Consolidated Minerals Inc (AIM "ICMI"), the South American focused mineral exploration company was formed to pursue the
exploration, development and production of mineral assets with a focus in Latin America, and initially in Peru on the Pachapaqui Mine.
ICMI's strategy is to focus on the development of high-quality mining assets at an advanced stage of development. ICMI's main asset and
current focus is on the Pachapaqui mining concession which contains zinc, lead, copper, silver and gold minerals. This concession was
acquired in 2005 along with 32 mining concessions of 2,105 hectares and one beneficiation concession of 65 hectares including a disused mine
and concentrator which ICMI is currently in the process of upgrading.   In 2007 ICMI embarked on a drilling and exploration programme
primarily in and around the Mantos area and the company intends to use this project to increase resources and reserves. Further information
available from the website at: http://www.icmi-inc.com
    

    - END -

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