Inter-Rock Subsidiary Announces Agreement to Acquire a Dolomite Quarry and Plant

Inter-Rock Minerals Inc. (TSX VENTURE:IRO) ("Inter-Rock") announces that its
wholly-owned Colorado subsidiary, MIN-AD, Inc. ("MIN-AD"), has executed an asset
purchase agreement (the "Agreement") with Unimin Corporation to acquire an
operating dolomite quarry and plant located in Mill Creek, Oklahoma (the "Mill
Creek Business"). 


MIN-AD currently supplies a high quality dolomite to the beef and dairy cattle
feed industry. The acquisition of the Mill Creek Business will give Inter-Rock
access to other specialty markets for dolomite. Additionally, there may be
synergies with MIN-AD's business as Mill Creek is a favourable location to
supply the beef industry. MIN-AD believes the Mill Creek dolomite is suitable
for animal nutrition applications, but further research is required to verify
this.


The purchase price for the Mill Creek Business is US$2 million to be paid in
cash at closing, plus an adjustment post-closing in respect of inventory.
Completion of the transaction is subject to customary closing conditions,
including receipt of regulatory approvals. The acquisition will close on the
date that is two business days following the satisfaction or waiver of the
conditions set out in the Agreement. It is currently anticipated that closing
will take place in approximately three weeks. Further information will be
released to the market at the time of closing. 


Certain information regarding Inter-Rock including management's assessment of
future plans and operations, may constitute forward-looking statements under
applicable securities laws and necessarily involve risks associated with mining
exploration and development, volatility of prices, currency fluctuations,
imprecision of resource estimates, environmental and permitting risks, access to
labor and services, competition from other companies and ability to access
sufficient capital. As a consequence, actual results may differ materially from
those anticipated in the forward-looking statements.