International Millennium Mining Corp. Reports 3rd Quarter Results

International Millennium Mining Corp. ("IMMC" or the "Company") (TSX
VENTURE:IMI) reports the Company's results for its fiscal year 2013 third
quarter ended September 30, 2013.


Summary of 3rd Quarter Results Ended September 30



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                                  3rd Quarter    3rd Quarter   Year to Date 
                                  Fiscal 2013    Fiscal 2012    Fiscal 2013 
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General and Administrative                                                  
 Expenditures(1)                  $    68,804    $    83,181    $   243,370 
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(Gain) Loss on Foreign Exchange         1,187         (6,432)           844 
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Stock Based Compensation (1)      $    22,000    $         -    $    22,000 
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Gain(loss) on Disposal Mineral                                              
 Properties                       $         -    $         -    $   (15,000)
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Net Income (Loss) for the                                                   
 Period                           $   (90,804)   $   (83,181)   $  (344,357)
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Net and Comprehensive Income                                                
 (Loss) for the Period            $  (112,916)   $    (2,014)   $  (434,578)
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Net Income (Loss) Per Share       $      0.00    $      0.01    $      0.00 
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(1) Stock based compensation is excluded from the General and administration
expenses                                                                    
                                                                            
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As at                                          September 30,    December 31,
                                                        2013            2012
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Deferred Mineral Property Expenditures           $ 5,831,414    $  5,577,125
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Total Assets                                     $ 5,942,441    $  5,895,236
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Total Liabilities                                $   850,139    $    684,312
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Share Capital                                    $17,038,901    $ 16,299,945
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Common Shares Outstanding                         113,713,29                
                                                           6     104,245,096
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Fully Diluted Shares Outstanding                  149,552,04                
                                                           6     136,628,761
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Summary Discussion

At September 30, 2013, the Company had a total of 113,713,296 common shares
outstanding.


During the nine months ended September 30, 2013 the Company recorded a net loss
of $344,357 as compared to a net income of $20,503 during the comparable period
in fiscal 2012. The material variances during the periods are as follows:




i.  During the first nine months of fiscal 2012 the Company recorded a
    $240,000 stock based compensation when the Company granted 1,615,000
    stock options and extended the expiry date of 1,930,000 stock options
    all expiring December 31, 2014, as compared to a $22,000 expense during
    the first nine months of fiscal 2013 as a result of the granting of a
    further 1,225,000 options; 

ii. The Company had recorded a gain of $640,000 during the first nine months
    of fiscal 2012 compared to nil gain in the nine months of fiscal 2013
    (this amount was recalculated in the fourth quarter of fiscal 2012 to
    $170,825) on the sale of the remaining 20% interest in the
    Hilda/Guadalupe property. IMMC received 4,000,000 shares of First
    Mexican Gold Corp. ("First Mex") and a 2% NSR payable to IMMC with 1%
    re-purchasable by First Mex for US$1 million dollars. The Company had
    previously reported the gain of $640,000 in the first quarter of fiscal
    2012, but it was revised to reflect the present value of the 4,000,000
    shares received. According to an agreement signed with First Mex, IMMC
    can only sell 50,000 shares per month, unless otherwise agreed between
    the parties; 

iii.The Company incurred an accretion expense of $42,947 during the first
    nine months of fiscal 2013 as a result of a $286,000 loan, as compared
    to $31,206 during the first nine months of fiscal 2012; and, 

iv. The Company wrote down resource properties by $15,000 in the first nine
    months of fiscal 2013. 



In the first nine months of fiscal 2013, the Company issued 715,000 common
shares, as a bonus for a loan of $286,000 received in January 2013, and a
further 450,000 shares were issued for property payments. On May 23, 2013, the
Company announced a second tranche private placement of 8,250,000 units at $0.08
per unit, for gross proceeds of $660,000. Each unit is comprised of one (1)
common share and one (1) non-transferable share purchase warrant entitling the
holder to purchase an additional share at $0.10 per share if exercised on or
before November 23, 2014.


The Company's working capital deficit increased to $796,112 at September 30,
2013, as compared to a deficit of $513,422 at December 31, 2012. 


Operating Expenses 

Comparison of the quarterly results

Overall, there was a 17% decrease in expenses, to $68,804 (does not include the
$22,000 stock based compensation expense) in the third quarter of fiscal 2013,
compared to $83,181 in the third quarter of fiscal 2012 and a decrease from the
$90,093 recorded in the second quarter of fiscal 2013. 




i.  In the third quarter of fiscal 2013, the Company recorded a foreign
    exchange loss of $1,187, compared to a foreign exchange gain of $6,432
    in the comparable fiscal 2012 period, as a result of the translation of
    the foreign subsidiaries; 

ii. The Company recorded $22,000 stock based compensation during the third
    quarter of fiscal 2013 as compared to nil during the comparable period
    in fiscal 2012; 

iii.Promotion and trade show costs decreased to $20,970 in the third quarter
    fiscal 2013, from $31,269 in the third quarter of fiscal 2012. The
    primary difference is the reduced trade show activity; 

iv. Transfer agent and filing fees decreased during the third quarter of
    fiscal 2013 to $2,703 compared to $8,327 in the comparable fiscal 2012
    period. 



The Company recorded a net loss of $112,916 during the third quarter fiscal
2013, as compared to a net loss of $109,014 in the third quarter of fiscal 2012
and net loss of $112,457 during the second quarter of fiscal 2013. 


Comparison of year to date results to September 30, 2013 and September 30, 2012

Overall, there was an 18% decrease in expenses to $243,370 in the first nine
months of fiscal 2013, compared to $297,416 (does not include the $240,000 stock
based compensation expense) in the first nine months of fiscal 2012. 




i.  In the first nine months of fiscal 2013, the Company recorded a foreign
    exchange loss of $844, compared to a foreign exchange loss of $31,523 in
    the comparable fiscal 2012 period, as a result of the translation of the
    foreign subsidiaries; 

ii. Promotion and trade show costs increased to $87,567 in the first nine
    months of fiscal 2013, from $82,168 in the first nine months of fiscal
    2012. The primary difference is the additional costs incurred attending
    trade shows in the first half of fiscal 2013; 

iii.The Company recorded a $22,000 stock based compensation during the first
    nine months of fiscal 2013 as compared to $240,000 during the comparable
    period in fiscal 2012; 

iv. Salaries and benefits decreased during the first nine months of fiscal
    2013 to $27,917 from $37,220 recorded in the comparable period in fiscal
    2012, due to less administration required for its property record
    keeping, regulatory filings and other legal document filings; and, 

v.  The Company wrote down resource properties by $15,000 in the first nine
    months of fiscal 2013 as compared to nil in the comparable period in
    fiscal 2012. 



The Company recorded a net loss of $344,357 during the first nine months of
fiscal 2013, as compared to a net income of $20,503 in the comparable period.
The Company had recorded a gain of $640,000 during the first nine months of
fiscal 2012 compared to nil gain in the nine months of fiscal 2013 (this amount
was recalculated in the fourth quarter of fiscal 2012 to $170,825). 


On November 20, 2013, the Company returned 5,625,000 common shares to its
treasury, which common shares were held by the Company, pending delivery of
$450,000 as proceeds of a private placement announced and approved on May 23,
2013, but subsequently not received.


Exploration Programs

Nivloc Mine, Nevada Property

In August 2012, the Company filed its initial National Instrument 43-101 ("NI
43-101") compliant, independent Mineral Resource Estimate (the "Estimate") on
its Nivloc silver and gold project (the "Nivloc Mine Property"). The independent
technical report, entitled "NI 43-101 Technical Report on the Nivloc Mine
Property, Esmeralda County, Nevada, USA" (the "Technical Report"), was prepared
for the Company by Seymour M. Sears, a consulting Geologist based in Sudbury,
Ontario; P. J. Hollenbeck, an independent resource modeling Geologist based in
Colorado Springs, Colorado; and, A. David Heyl, an independent Geologist based
in Denver, Colorado. The Technical Report is available under the IMMC profile on
SEDAR at www.sedar.com and on the Company's website at www.immc.ca. 


The Technical Report concludes that the area tested by the 2011 drilling program
on the Nivloc Mine Property contains an Inferred Mineral Resource, at 40 g/t Ag
cut-off, of 1,640,000 tonnes at a grade of 106.47 g/t Ag and 0.78 g/t Au. 


Further infill drilling at the Nivloc Mine Property, reported in December 2012,
verified the thickness and grades that were reported in the Technical Report.
Hole 12NL-35, collared from pad 6, tested an area between the 700 and 800 foot
levels within the old mine workings and below resource blocks outlined by the
2011 drilling program. Drill highlights from the hole included 115 ft @ 89.1 g/t
Ag and 0.33 g/t Au, including 13.5 feet @ 210.0 g/t Ag and 1.03 g/t Au,
including 3.0 feet @ 436.0 g/t Ag and 2.57 g/t Au. 


The Company also reported results from two more drill holes completed on its
Nivloc Mine Property. Holes 12NL-36 and 12NL-37 tested an area between the 600
and 800 ft levels of the historic mine workings, within and near the eastern end
of the 2011 43-101 resource area. Drill hole 12NL-36 tested an area between
three previously drilled holes, while 12NL-37 was a short step- out hole towards
the northeast, although proximal to two other holes completed in 2011. Drill
highlights from Hole 12NL-36 included: 70.0 feet @ 103.0 g/t Ag and 0.43 g/t Au,
including 1.0 foot @ 335.6 g/t Ag and 1.12 g/t Au. Drill highlights from Hole
12NL-37 included 92.0 feet @ 163.8 g/t Ag and 0.80 g/t Au, including 3.5 feet @
599.0 g/t Ag and 4.27 g/t Au. 


On March 11, 2013 the Company announced that its wholly-owned subsidiary,
International Millennium Mining Inc. ("IMMI"), executed a Sale and Purchase
Agreement (the "Agreement") to acquire the balance of Silver Reserve Corp.'s
("SRC") underlying interests in the Nivloc Mine Property. The Company made a
non- refundable 10% deposit of US$42,500 during the first nine months of fiscal
2013. However, this Agreement was terminated October 3, 2013.


Wild Goose Property

The Wild Goose property, encompassing 2,918.62 hectares, is located
approximately 23 km northwest of Revelstoke, BC and 5 km north of Mount Copeland
(approximately 10 minutes by helicopter from the Revelstoke airport). The
property is underlain by the Shuswap Metamorphic Complex. Historical reports
identify four (4) distinct lead/silver/zinc showings, several of which have
anomalous gold values. Geologically, the showings all occur in the footwall of
the easterly striking Bews Creek Fault, which may be a detachment structure.


MMI (mobile metal ion) soil sampling was carried out on the Wild Goose Property
in October 2012. The MMI survey was conducted on two grids, each with a line
spacing of 100 meters and a sample interval of 25 meters, as part of a program
designed to extend the known mineralization on the property and locate
previously unknown mineralization. The MMI results revealed that both the north
and south MMI grids are almost entirely covered by highly anomalous lead
results. In addition, a silver anomaly covers almost the entire north grid.


Management is focused on precious metal polymetallic projects in the Americas
and is working towards building a strong, stable and well financed mineral
exploration and small mines mining company.


Concurrently with this news release, the Company is filing its quarterly
financial statements and Management Discussion and Analysis (BC Form 51-102F1)
with the regulatory authorities through SEDAR (www.sedar.com), and has mailed it
to shareholders who have requested copies and whose names appear on the
Company's Supplemental List. Additional information about International
Millennium Mining Corp. and its mineral property interests, including technical
reports, is available on the internet at the SEDAR website www.sedar.com, or on
the Company's website www.immc.ca.


International Millennium Mining Corp. (TSX VENTURE:IMI) is a mineral exploration
and development company engaged in acquiring known smaller mine deposits, such
as its Nivloc, Nevada silver-gold mine project, in the Americas, with the goal
of advancing the properties to the mining stage. Emerging targets include
silver, gold, copper, zinc and lead. 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, President and CEO

Further information about the Company can be found on SEDAR (www.sedar.com).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. This news release may contain
forward-looking statements including but not limited to comments regarding the
timing and content of upcoming work programs, geological interpretations,
potential mineral recovery processes and other business transactions timing.
Forward-looking statements address future events and conditions and therefore,
involve inherent risks and uncertainties. Actual results may differ materially
from those currently anticipated in such statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
International Millennium Mining Corp.
Ms. Sheri Barton
403-217-5830
[e-mail]


International Millennium Mining Corp.
Mr. John Versfelt
President & CEO
[phone]
[e-mail]
www.immc.ca