ABBOTSFORD, BC, Aug. 20 /CNW/ - ICS wishes to make various announcements
1) The Company has commenced an application to list on the TSX.
2) The Company's drill programme is well under way with visible sighting
of Malachite in core samples indicating the presence of copper.
Initial drill results are expected to be announced by early October
2007 or sooner. Extensive bush clearance and ground preparation has
taken place with an initial compound area cleared, compacted and
3) The Company has commissioned an EIA (Environmental Impact Assessment)
report on the Mokambo Mine which is expected to be completed by
4) Following meetings with GRD Minproc the company has decided to
appoint GRD Minproc to undertake the DFS (Definitive Feasibility
Study) on the Mokambo Mine with a possible completion date of
March, April 2008.
5) An application is being made to the Zambian Ministry of Mines for a
Large Scale Mining licence.
6) The Company has received confirmation that the two environmental
PAR reports (plan d'atténuation et de réhabilitation de
l'environnement) on the recently acquired gold copper concessions in
the DRC pedicle have been approved by the DRC Ministry of Mines.
The Company aspires to develop into being a major African mining company
centered on the copper belt of Democratic Republic of Congo (DRC) and Zambia.
It holds an option agreement to acquire up to 80% of the Mokambo Copper mine
in Zambia, an option agreement to acquire 76% of the Musoshi Tailings in DRC
and an option agreement to acquire 73.5% of a group of four mining concessions
in DRC. The company also has two "gold and copper concessions" covering
approx. 60 square miles in DRC pedicle.
ON BEHALF OF THE BOARD OF DIRECTORS
"Graham A. Chisholm"
Graham A. Chisholm
President and CEO
No. 202 - 2526 Yale Court Rd.,
Abbotsford, British Columbia, Canada, V2S 8G9
Telephone: 604-859-3007 Fax: 604-859-3008
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE
ACCURACY OR ADEQUACY OF THIS RELEASE.
This release includes certain statements that may be deemed to be
"forward-looking statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. All statements in this release, other than
statements of historical facts, that address future production, reserve
potential, exploration and development activities and events or developments
that the Company expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from
those in the forward-looking statements include market prices, exploration and
development successes, continued availability of capital and financing, and
general economic, market or business conditions. Please see our public filings
at www.sedar.com for further information.
For further information:
For further information: http://www.icscopper.com and SEDAR
(www.sedar.com); or by contacting Jeannette Durand at email@example.com;
or V.P. of Public Relations, Mr. Brett Whitelaw at firstname.lastname@example.org,
Tel: (604) 662-8633