CORRECTION FROM SOURCE: Inter-Citic Releases Drill Hole Results From New Zone at Dachang Gold Project

Wednesday, Jul 28, 2010

A correction from source is being issued for the release sent at 9:00AM ET July 27, 2010, due to a misprint in a reported interval. The complete and correct release follows.

Inter-Citic Minerals Inc. (TSX:ICI) ("Inter-Citic" or "the Company") President and CEO James Moore, is pleased to report new results received from the Company's 2010 exploration diamond drill program at its Dachang Gold Project.

The first hole from the 2010 drill season at Dachang on the newly-discovered Acadia Zone returned results that include 7.0 metres averaging 1.37 GPT gold, plus 10.0 metres averaging 5.62 GPT gold, which includes an interval of 3.0 metres of 12.0 GPT gold.

Detailed drilling results are set out in the chart below:

                     Section                                  Length        

DDH Hole No.  Zone      Line  Dip  Azimuth  From (m)  To (m)     (m)  GPT Au

CJV-924     Acadia   CT-4700  -70       20     50.80   57.80    7.00    1.37

                                               70.00   71.00    1.00    0.60

                                           (i)106.00  116.00   10.00    5.62

                          ((i) includes an interval of 3.0 m at 12.0 GPT Au)

The Acadia Zone is approximately 9 km northwest of the Dachang Main Zone resource area ("DMZ") and follows the base of the Carbonate Thrust Fault, a dominant fault structure which extends for 18 kilometers across the entire Dachang property, and is believed by the Company to be a potentially ideal host for high grade gold mineralization and further discoveries.

Inter-Citic also has received results from two other 2010 drill holes on the "861 Zone", a newly-discovered zone of gold mineralization in the vicinity of preciously reported drill hole CJV-861. The 861 Zone appears to be an identical style of mineralization as found in the DMZ, although exploration in this area is still at a very early stage. The results of two shallow drill holes received to date are as follows:

DDH Hole No.ZoneSection LineDipAzimuthFrom (m)To (m)Length (m)GPT Au

CJV-925      861      WQ5370-45     20    47.9  48.9      1.00  3.81

CJV-925A     861      WQ5370-55     20    57.4  58.9      1.50  1.80

            Assay cut-off for the above tables was at 0.5 gpt Au,   

            however, intervals were determined by geological        

            interpretation of consistent mineralized zones. Broader 

            intervals may include waste intervals of up to 2m. There

            was no evidence of nugget effect in the above results   

            and none were topcut. True widths for the intervals     

            above have yet to be determined.

Drilling in both the Acadia Zone and the 861 Zone continue at Dachang, and further results will be reported as they are received.

Maps and previous press releases reporting results are available on the Company's website at: www.inter-citic.com.

 

Source: Market Wire