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Re: High_Profits post# 35

Tuesday, 09/13/2016 12:25:24 PM

Tuesday, September 13, 2016 12:25:24 PM

Post# of 101
IDM / RVRCF Contact / Investor Relations

Alex Horsley
Corporate Communications
IDM Mining - IDM.V
Mobile (604)618-3058
ah@idmmining.com


My name is Alex Horsley I am the IR for IDM Mining. My contact information is below if you have any qustions.

Below is the news from last night. We look forward to drilling more this fall.

Thank you,
Alex


Mr. Robert McLeod reports

IDM MINING DISCOVERS NEW VEIN: SAMPLES 22.2 G/T AU AND 81.3 G/T AG OVER 9.35 METERS IN SUBCROP AT LOST VALLEY, RED MOUNTAIN PROJECT

IDM Mining Ltd.'s surface hand trenching has discovered the Randell zone, another strongly mineralized structure at its Red Mountain gold project. This new zone is located fewer than 100 metres to south of, and stacked above, the Anda'adala'a Lo'op zone.

"This latest discovery suggests a series of stacked, high-grade, shallow-dipping structures with significant widths," said Robert McLeod, president and chief executive officer of IDM Mining. "Lost Valley is at the headwaters of Bitter Creek, the location of the first alluvial gold discoveries in the Stewart area at the turn of the 20th century."

Lost Valley prospect

High-grade structures in the Lost Valley area were identified earlier in the 2016 field season. Assays have been received from surface trenching at the Randell zone, named in honour of consulting geologist Andy Randell. Mineralization occurs as a subcrop slope several metres high of weathered fragments of quartz, sulphide and altered monzogranite. The mineralization occurs at the base of a cliff, and is partly covered by talus and glacial erratics. A hand trench was excavated, and a continuous 9.35-metre-long channel sample of the subcrop averaged 22.2 grams per tonne gold and 81.3 g/t silver, including 0.85 metre of 133.25 g/t Au and 378 g/t Ag. Select grab samples include 0.87, 3.14, 24.70, 30.3 and 133.0 g/t Au.

The style of mineralization is comparable with the Anda'adala'a Lo'op zone, which outcrops approximately 100 metres to the northwest, and about 20 metres lower in elevation. This structure has been traced for a total of 78 metres on surface and remains open in all directions. Channel samples averaged 18.7 g/t Au and 61.4 g/t Ag over an average width of 0.84 metre, with individual assays of up to 34.6 g/t Au and 183.0 g/t Ag. (See IDM news release dated Aug. 24, 2016.) The total thickness of both mineralized structures, likely related to stacked thrust faults, is not known. Farther below the Anda'adala'a Lo'op zone, in a creek at the base of the Lost Valley cirque, a single outcrop entirely composed of quartz and sulphide returned 5.18 g/t Au and 42.0 g/t Ag across 3.0 metres. All three occurrences, coupled with high-grade, shallow-dipping veins, identified throughout the Lost Valley area, suggest a series of stacked structures. Gold-silver mineralization coincides with anomalous concentrations of bismuth, copper, molybdenum and tellurium.

Lost Valley is located approximately four kilometres southwest of the Marc/AV/JW zones, which make up the primary reported resource at Red Mountain, with continuing underground diamond drilling. IDM intends to commence drilling at Lost Valley during the next month.

Much of the Lost Valley prospect was covered by ice during the initial discovery of the Red Mountain deposit in the 1990s (see IDM news release dated July 19, 2016). Lost Valley is underlain by an Eocene multiphase monzogranite that is similar in age to other molybdenum-bearing porphyry systems in the region, including the Kitsault molybdenum deposit about 55 kilometres to the south. Molybdenum, pyrite and chalcopyrite mineralization is widespread throughout the intrusion and the surrounding biotite-hornfelsed argillite and tuff. Assays of up to 3.45 per cent Mo and 1.65 g/t rhenium have been reported from select samples (see IDM news release dated July 19, 2016). In addition to the molybdenum mineralization, sheeted sets of banded quartz-sulphide veins are associated with later-stage brittle faults and veins throughout the intrusion and the surrounding wall rocks. High-grade gold, silver and copper mineralization is found within these veins, which assay up to 165 g/t Au, 1,048 g/t Ag and 15.5 per cent Cu. The veins vary from five to 100 centimetres in width and are traceable for up to a kilometre along strike.

Maps and photos from Lost Valley can be viewed at the company's website.

About Red Mountain

The 17,125-hectare Red Mountain gold project is located in northwestern British Columbia, 15 kilometres northeast of the town of Stewart. Discovered in 1989, the property was explored extensively until 1996 by Lac Minerals Ltd. and Royal Oak Mines Inc., with 466 diamond drill holes and over 2,000 metres of underground development completed, along with extensive engineering and environmental baseline work.

On April 4, 2016, the company announced an updated mineral resource estimate at Red Mountain, reported at a 3.0-gram-per-tonne-gold cut-off.



MINERAL RESOURCES Classification Tonnage Au (g/t) Ag (g/t) Oz Au Oz Ag Measured 847,200 9.38 34 255,400 920,700 Indicated 794,600 7.29 18 186,100 459,100 Measured + indicated 1,641,800 8.36 26 441,500 1,379,800 Inferred 548,100 6.10 9 107,500 153,700 --------- ---- -- ------- ---------


Additional information, including the company's NI 43-101 technical reports for the Red Mountain project, is available at the company's website and at SEDAR.

Qualify assurance and quality control and qualified person

Samples for the 2016 exploration program are collected by experienced geologists and technicians, placed in sealed bags and shipped to ALS Labs Ltd. in Terrace, B.C., for sample preparation, with pulps subsequently shipped to Vancouver, B.C., for gold and multielement ICP analysis. A quality control/quality assurance program, including the insertion of standards and blanks, has been implemented. The 2016 exploration program is performed under the supervision of Mr. McLeod, PGeo, president and CEO of IDM Mining, a qualified person under NI 43-10. Mr. McLeod has reviewed and approved the technical content of this release.

We seek Safe Harbor.



Alex Horsley
Corporate Communications
IDM Mining - IDM.V
Mobile (604)618-3058
ah@idmmining.com

Read more at http://www.stockhouse.com/companies/bullboard#xIiZqVKBcUo0KikD.99

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