ICN Reports Goldfield NI 43-101 Technical Report Completed

ICN Resources ("ICN" or the "Company") (TSX VENTURE:ICN) is pleased to report
that it has SEDAR filed a National Instrument 43-101 Technical Report (the
"Report") on the Goldfield Bonanza Project (the "Project"). The Project, under
option from Lode Star Gold, Inc., is located in the historic Goldfield mining
district of Nevada. A copy of the Report, entitled "Technical Report: Geology
and Mineralization, Goldfield Bonanza Project, Esmeralda County, Nevada, USA,"
is available under the Company's SEDAR profile at www.sedar.com. The Report
summarizes historic work as well as results from the drill programs the Company
carried out in 2011. The results of the 2011 drill program were highly
encouraging, and conclusions drawn from the drill program, along with the recent
biogeochemical survey (see News Release of June 4, 2012), suggest new target
areas for further exploration drilling at the Project.


ICN is now in the process of interpreting all results from the Phase I and II
drill programs utilizing geological cross sections and a three-dimensional (3D)
model to gain further understanding of controls on both the high grade and lower
grade mineralization. Biogeochemical results obtained from the vegetation
sampling program were very positive. Consequently, the sampling program will be
expanded to cover remaining areas of the property. This data, along with
alteration studies, detailed geophysics, and trace element geochemical studies
will be integrated with the drill results to further aid in planning future
drill campaigns. In addition, drill samples for initial metallurgic work are
also being selected for testing. Combined, these studies will help to define the
size, distribution, mineral association, and extraction characteristics of the
gold in the identified mineralized zones.


About ICN Resources

ICN is primarily focused on exploration for volcanic-hosted precious metal
deposits in western Nevada, emphasizing targets with geological similarities to
Sleeper, Sandman, Hollister, Midas and Aurora. ICN plans to explore the feeder
zones associated with large low-grade gold and silver systems, as well as
explore for high grade deposits at the Goldfield Bonanza Project located in
western Nevada. ICN continues to evaluate opportunities in established
metallogenic belts elsewhere in the United States. The ICN management and
geological team have extensive experience in Nevada and worldwide, utilizing
this experience to generate prime opportunities for ICN shareholders. 


On Behalf of the Board of Directors of ICN Resources Ltd.,

Carl Hering, President & CEO

ICN Resources Ltd.