First Mexican Gold on Hilda Property Sonora Mexico

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NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 20, 2011) - International Millennium Mining Corp. ("IMMC" of the "Company") (TSX VENTURE:IMI) announces the purchase, of the Santa Martha exploration concession 220 kilometers southeast of Hermosillo, near the village of Guadalupe in Sonora State, Mexico. The 68 hectare concession, acquired through IMMC's wholly owned Mexico subsidiary Minera Internacional Milenio S.A. de C.V. (MIMSA), is contiguous with the Company's Hilda 30 and 31/32 properties and increases the Hilda Group Properties now to 1,566 hectares. The US$50,000 acquisition price for the Santa Martha was funded by First Mexican Gold Corp. ("First Mex" TSX-V FMG) (formerly First Mexican Resources Ltd.) and is an expenditure incurred under First Mex's 80% earn-in option with IMMC. In the past, the Santa Martha has been mined for both copper and gold/silver on a small scale. Other property acquisitions are pending.


Further to IMMC's November 2, 2009, news release setting out the terms for an Amended and Restated Option agreement between the Company and First Mex, First Mex exercised its option, in June 2010, to acquire, 60% interest in Hilda 30 concession and 40% interest in the Hilda 31, 32, and 37/38 concessions. At the same time, First Mex advised IMMC that it would take-up its further option to earn 80% interest in the Hilda Group concessions by incurring an additional US$3 million of expenditures, making timed cash payments of US$100,000 and by issuing 1.4 million First Mex shares to the Company over a 5 year period (see First Mex news release of January 14, 2011).


The Hilda Group properties are located in the Guadalupe - Santa Anna area and a paved road runs to within 15 kilometres of the property. First Mex has to date, completed over 14 km of access roads to numerous exploration areas within the property itself. The Hilda Group properties are, according to First Mex, bordered by Corex Gold Corp (TSX-V: CGE) on two sides and are situated in the same general area as the Mulatos mine of Alamos Gold Inc., (approximately 52 km northeast of the Hilda), the Dolores mine of Minefinders Corp Ltd., (approx. 105 km northeast of the Hilda) and the Ocampo mine of Gammon Gold Inc. (approx. 76 km east-south-east of the Hilda).


To date, First Mex reports, exploration programs have focused on soil and rock chip sampling across a large area of the Hilda group properties (Hilda's 30, 31, 32, 37/38) and have included some limited geophysics plus some limited drilling. First Mex reports in their January 14, 2011, news release that in the late summer of 2009 a three hole diamond drill program was carried out on the Hilda 30 prospect. Ground conditions, according to First Mex, interrupted the drilling of the first two holes and the third one was completed to a design depth of 100 metres. (see highlights below) "Subsequent to this drill program', First Mex reports, 'an opportunity to quickly drill an additional seven holes presented itself so a program was designed and drilled by Layne Drilling of Hermosillo. These holes were reverse circulation (RC) holes and on average reached a designed maximum depth of 100 metres." "The seven holes', according to First Mex, 'were not targeted to replicate the original three (diamond drill) holes but were designed to help provide strike and dip information to increase the orientation knowledge of the discovery and aide efforts to figure out where the mineralization was going and where it was contained. First Mex, geologist John Archibald BSc., P.Geo, a qualified person (QP) under Canadian National Instrument, 43-101 ("NI 43-101"), and who oversaw the RC drilling concludes: "From this drill testing it appears that (the mineralization) is trending further to the north than originally expected as is exhibited in results from hole RC hole #3 which is situated furthest to the north." All samples were assayed by ALS Chemex." First Mex describes the drilling to date in the following words: "All holes drilled to date are near surface with open pit potential and have all hit mineralized zones with the best highlights set out below:"



"DDH #1:
5.8 metres with 3.67 g/t Au & 753 g/t Ag



DDH #2:
15.25 metres with 2.58 g/t Au & 47 g/t Ag



DDH #3:
37.8 metres with 6.51 g/t Au & 678 g/t Ag




including 29.1 metres with 8.36 g/t Au & 900 g/t Ag




including 16.9 metres with 10.61 g/t Au & 1,416 g/t of Ag



RC hole #2:
2 metres with 1.48 g/t Au & 1330 g/t Ag



RC hole #3:
18 metres with 6.52 g/t Au & 61 g/t Ag




including 2 metres with 14.40 g/t Au & 152 g/t Ag






DDH holes #1 thru #3 are non-compliant by Canadian ("NI") 43-101 standards. Reverse circulation holes listed above are compliant to 43-101 standards and were overseen by John Archibald P.Geo."


Precious metal results, reports First Mex, have been very encouraging and support their view of the positive exploration potential of this gold/silver prospect. Exploration work subsequent to the drill programs has been focused on extensive soil and rock chip sampling and mapping program over Hilda 30, & 37/38 properties. This work is presently ongoing. In addition First Mex conducted and completed a regional airborne magnetic survey. First Mex recently announced commencement of an +/- 1,250 meter, 8 to 10 hole diamond drill program and advise plans are prepared for a targeted Induced Polarization (IP) survey to identify the highest grade zones of mineralization. First Mex also advises that following interpretation of collected data combined with new drill data and the existing encouraging drill results, "…a further exploration drill program will be planned and executed to further delineate the existing significant discovery and test new targets on various areas of the property."



About First Mexican Gold Corp
First Mexican Gold Corp is an active explorer for precious metals in Mexico and holds an option to acquire 80% interest in the Guadalupe property package from Minera Internacional Milenio S.A. de C.V. (MIMSA) a wholly owned subsidiary of IMMC.



About International Millennium Mining Corp
International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mine deposits world-wide and in the exploration of polymetallic mineral properties in Canada and the Americas. To date, the Company has acquired and is exploring mineral properties in British Columbia and Ontario, Canada; Nevada, USA; and Sonora State, Mexico. Emerging mineral targets include gold, silver, cobalt, molybdenum, zinc, lead, nickel, copper and platinum group metals. The Company's common shares trade on the TSX Venture Exchange under the symbol: IMI and on the Frankfurt Exchange under the symbol: L9J.


ON BEHALF OF THE BOARD



John A. Versfelt



John A. Versfelt,

President and CEO


Further information about the Company can be found on SEDAR (http://www.sedar.com/">www.sedar.com).