June 19, 2009 Rare Earth Metals Exploration Update
Canadian International Minerals Inc (CIN) has acquired by staking, a 100% interest in two mineral claims located in north central B.C. The Aley Cat and Big Mack claims were selected by interpretation of stream sediment data from Geoscience B.C. (GBC) Report 2008-7 which showed samples anomalous in lanthanum, europium, hafnium, lutetium, samarium, terbium and ytterbium in streams draining the claim areas. These source areas appear to have a geological setting analogous to the nearby Aley Carbonatite Complex.
This intrusive complex is host to the Aley tantalum/niobium deposit, which was discovered in 1980 by Cominco and hosts significant dykes or "sweats" that include the mineral bastnaesite and other rare earth minerals. These carbonate minerals are indicators of potentially economic rare earth deposits and provide the primary feed for commercial rare earth extraction processes. Taseko Mines Ltd., the owner of the Aley is expected to release a 43-101 compliant resource estimate on the deposit in the near future.
Upon evaluation of the Aley discovery, Teck Cominco launched a regional exploration program that resulted in the discovery of the Carbo Rare Earth property, currently subject of option agreement between CIN and Commerce Resources Corp.
CIN is pleased to announce it has retained Mackevoy Geosciences Ltd (MGL) to advise on its exploration programs for rare earth metals in B.C. Heading the MGL team is Professor Lee Groat of the University of British Columbia, Faculty of Earth and Sciences, and Director, Integrated Sciences, who is a specialist in rare and exotic minerals and metals.
This initiative by CIN begins a new phase in mineral exploration focussed on rare metals with technological and renewable energy applications. In retaining MGL, CIN is capitalizing on a unique and limited pool of expertise in a relatively obscure branch of mineral exploration which has recently been recognized by resource sector investors.
The company has an extensive portfolio of early stage rare metal prospects and is in negotiations for several advanced projects. Additional targets on lands open for staking are under evaluation.
COPPER MOUNTAIN UPDATE
CIN has completed 400.3 line kilometre AeroTEM III helicopter airborne survey over its 100% owned Copper Mountain property as well adjoining properties in the area. The company expects to recover some of its costs on the survey from third parties. Several known indicator and mineralized formations in the survey area were flown to provide signatures for large areas covered by overburden which in the past has hindered traditional exploration methods. Targets identified by this program will be followed up with ground work which may include trenching and 3D IP.
This completes Phase One of an exploration program recommended by the Wardrop Report dated Dec. 12, 2007, which was included in the company's prospectus dated April 4, 2008. The program was delayed last year by high demand in airborne systems worldwide which resulted in this years program costing substantially less than originally estimated.
The Qualified Person who has reviewed the technical data for this news release is Thomas Hasek P.Eng.
Cautionary Statements on Forward-Looking Information.
The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The CNSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Nick Horsley
Investor Inquiries
604-641-4469
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