Environmental Impact Study

RNS Number:3236S
International Consolidated Min. Inc
15 April 2008

FOR IMMEDIATE RELEASE

15 April 2008

                    International Consolidated Minerals Inc

                           ("ICMI" or the "Company")

    Pachapaqui - Environmental Impact Study Approved by Peruvian Government

International Consolidated Minerals Inc. (AIM: ICMI), the South American focused
mineral exploration and development company, is pleased to announce that it has
been recently notified that the Environmental Impact Study ("EIS") to develop
its Pachapaqui project in Central Peru for a production rate of 1,500 tonnes per
day ("tpd") was approved by the Ministry of Energy and Mines on February 4,
2008. This approval covers the Company's overall environmental and operating
plan for the property including mining, heavy media separation plant, a
concentrator plant, tailings storage, and all related facilities and activities.
The EIS approval has no time limit.

The EIS is documented as a detailed multi-discipline study comprising over 1,000
pages subdivided into a number of volumes assessing the environmental, social
and health impacts of the project the area. Historical data, along with new base
line data accumulated over a 12-month period covering the different seasons, and
specific investigations and observations were included in numerous supporting
complementary studies and reports.

Prior to the EIS being submitted to government, the citizens of the local
communities of Pachapaqui and Aquia, which are located in the Department of
Ancash in Central Peru in the vicinity of the mine, held a public meeting to
vote to agree to its submittal. Following that, the EIS approval process took in
excess of one year and included several informative public consultation
workshops; a second public meeting of the local communities chaired by the
Ministry of Mines to receive their input and comments on the EIS; a series of
requests for additional supplemental information by various governmental
agencies over a period of several months; several supplemental tests and studies
by independent consultants and experts; and site visits by government officials
and representatives. The approving Peruvian governmental authority is the
Environmental Affairs department of the Ministry of Energy and Mines, with the
agreement of the National Institute of Natural Resources of the Ministry of
Agriculture.

Greg Smith, Executive Chairman & Chief Executive Officer commented: "The
approval of Pachapaqui's EIS represents an important milestone for the
development of this extraordinary mining asset. It enables us to fastrack
commencement of the construction and operation of the mine".

Enquiries:
International Consolidated Minerals
Greg Smith                        Chairman, CEO                      Tel: [phone]
Pawan Sharma                      Executive Vice President -         Tel: [phone]
                                  Corporate Affairs
Strand Partners Limited
Simon Raggett                                                        Tel: [phone]
Warren Pearce                                                        Tel: [phone]
Pelham Public Relations
Charles Vivian                                                       Tel: [phone]
John McLeod                                                          Tel: [phone]



ADDITIONAL INFORMATION ON INTERNATIONAL CONSOLIDATED MINERALS INC.

International Consolidated Minerals Inc (AIM: ICMI) was formed in 2005 to pursue
mineral exploration, development and production with its initial attention in
Latin America. ICMI's strategy is to focus on high-quality mining assets at an
advanced stage of development. In early 2006, ICMI acquired the Pachapaqui
mining property in central Peru which contains appreciable high grade zinc,
lead, copper, silver and gold mineral reserves and resources. The property
consists of 32 mining concessions of 2,105 hectares and one beneficiation
concession of 65 hectares on which is located mining infrastructure and
equipment, hydro-electrical generating stations, offices and accommodations, and
concentrating plant facilities.  In 2007, while conducting upgrades of the
facilities, ICMI embarked on a drilling and exploration geology programme,
initially in one area on the Pachapaqui property, from which the Company has had
tremendous success and is confident of proving up significant additional mineral
reserves and resources.  The Company intends to bring the Pachapaqui Mine into
production in 2009. Further information is available from the Company's website
at: http://www.icmi-inc.com.

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