ICN Announces Acquisition of Additional Nevada Project and Finalizes Hog Ranch Option and Joint Venture Agreement

ICN Resources Ltd. ("ICN" or the "Company") (TSX VENTURE:ICN), is pleased to
announce that it has signed a Letter Agreement with two arm's lengthparties (the
"Vendors") to acquire a new Nevada exploration project (the "AWA Project"). The
AWA Project lies to the east of the Sleeper Mine, Nevada, and will further
complement ICN's three other land holdings in the general Sleeper Mine area. It
is located along the western segment of the Northern Nevada Rift, a widely
recognized focus of Miocene epithermal precious metal mineralization. Further
exploration focus by ICN in the general vicinity of the Sleeper Mine and the
Sandman deposit has led to the identification and acquisition of several new
projects.


New Nevada Project

The AWA Project consists of two separate claim blocks. Seven claims lie to the
north of Sleeper in the northwestern portion of the Awakening Hills, and the
other block of claims (20 in total) lies to the east of the Sleeper Mine, along
the eastern margin of the Awakening Hills. The later block of 20 claims is of
principle interest to ICN. These claims cover an area of low to high grade gold
mineralization within pre-Tertiary sedimentary rocks, but also offer untested,
concealed, "Sleeper-type" potential within younger Tertiary volcanic rocks
occurring north of the known mineralized zone. To acquire a 100% interest in the
two claim blocks over a six (6) year option period, ICN, at its sole option,
would pay the Vendors a total of US$1,000,000 in cash ($825,000 being the final
payment on or before the sixth (6th) year anniversary) and complete a minimum of
US$575,000 in work commitments ($500,000 in years four (4) through six (6)). The
initial payment of US$5,000 has been made, and a second payment of US$5,000 is
due by September 1, 2011. The AWA Project is subject to a 3% net smelter
royalty, and if ICN exercises the option and acquires the AWA Project, it can
purchase 1% of the net smelter royalty for US$1,000,000 at any time prior to
completion of the first year of production. The option agreement for the AWA
Project is subject to the approval of the TSX Venture Exchange.


ICN will evaluate both of these newly acquired claim blocks by geologic mapping,
geochemical sampling and compilation of existing data to define drill targets
and develop new target concepts. Following completion of initial detailed
evaluation, a decision will be made regarding the optimal way to further advance
each of the separate claim blocks. ICN is in the process of staking additional
claims in the area, and more detailed information will be released following the
completion of land acquisition.


Hog Ranch Agreement

As announced on March 29, 2011, ICN entered into a Letter of Intent with Pacific
Rim Mining Corp. ("Pacific Rim") for the Option and Joint Venture of ICN's Hog
Ranch property. The due diligence period has passed and a definitive agreement
was executed on June 13, 2011, subject to receipt of approvals from the
applicable stock exchanges (the "Effective Date"). Pacific Rim will be operator
during their earn-in period, and they plan an aggressive exploration program for
the remainder of 2011. As per the Definitive Agreement, Pacific Rim has been
granted the option to acquire a 65% interest (the "Interest") in the Hog Ranch
Property through the expenditure of an aggregate of US$8 million in exploration
work and the issuance of an aggregate of 1 million common shares of Pacific Rim,
according to the following schedule.


Exploration expenditures: 



1.  US$500,000 on or before the first anniversary of the Effective Date; 
2.  an additional US$1,000,000 on or before the second anniversary of the
    Effective Date; 
3.  an additional US$1,500,000 on or before the third anniversary of the
    Effective Date; 
4.  a further US$2,000,000 on or before the fourth anniversary of the
    Effective Date; and 
5.  a final US$3,000,000 on or before the fifth anniversary of the Effective
    Date; 



Share payments of up to 1.0 million shares:



1.  200,000 common shares of Pacific Rim within five business days of
    receipt of approval; 
2.  200,000 common shares of Pacific Rim on or before each of the second,
    third, fourth and fifth anniversaries of the Effective Date. 



Tim Percival, P.Geo., a Qualified Person as defined by National Instrument
43-101, and a consultant to the Company, conducted the check sampling work at
the AWA project and has reviewed and verified the technical information
contained in this news release.


About ICN Resoues 

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 new 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.

www.icnresources.com

The forward-looking information contained in this press release is made as of
the date of this press release and, except as required by applicable law, ICN
does not undertake any obligation to update publicly or to revise any of the
included forward-looking information, whether as a result of new information,
future events or otherwise, except as may be required by law. By its very
nature, such forward-looking information requires ICN to make assumptions that
may not materialize or that may not be accurate. This forward-looking
information is subject to known and unknown risks and uncertainties and other
factors, which may cause actual results, levels of activity and achievements to
differ materially from those expressed or implied by such information.