IFAM News Additional Nivloc Project Drill Results
Post# of 144521
IFAM News Additional Nivloc Project Drill Results provided by Infrastructure Materials Corp.'s Option Holder
2012-04-02 09:16 ET - News Release
Reno, Nevada--(Newsfile Corp. - April 2, 2012) - Infrastructure Materials Corp. (OTCQB: IFAM; TSX-V: IFM, IFM.s) (the "Company") reports that International Millennium Mining Inc. ("IMMI"), the option holder for the Nivloc Mine Project (the "Project") released assay results from four additional diamond drill holes at the Project. IMMI, a wholly-owned subsidiary of International Millennium Mining Corp. (TSX-V: IMI), is continuing its exploratory drilling at the Project under an option agreement to acquire an 85% interest in 18 claims at the Project that are held by the Company's wholly-owned subsidiary, Silver Reserve Corp.
The results announced by IMMI are from holes 11NL-31 and 11NL-34 (see drill highlights and table below), located in the western part of the Nivloc Vein Structure. All 4 holes were collared from pad 4 and are part of a systematic drilling program designed to test a 1,200 foot long by 600 foot vertical, un-mined zone within the Nivloc Mine. Three of these holes were designed to test the upper part of the target area, above the area outlined by previous drilling. All holes intersected the Nivloc host structure with the best intersection being from the deepest hole, 11NL-31.