27.03.2009 21:51:00

International Minerals Reports Pallancata Mine, Peru, Resumes Operation

International Minerals Corporation (TSX: IMZ) (SWX: IMZ) ("IMZ” or "the Company”) has been informed by its joint venture partner Hochschild Mining PLC ("Hochschild”) that full mining operations have resumed at the Pallancata silver-gold mine in Peru (owned 40% by IMZ and 60% by Hochschild, the mine operator). In addition, Hochschild’s Selene Mine and processing facility, where the Pallancata ore is toll processed into concentrate, have also resumed operating.

Hochschild reported earlier today that it successfully concluded negotiations with local workers relating to a temporary work stoppage, as was announced in an IMZ news release of March 24, 2009, and all of Hochschild’s four Peruvian mines are now operating.

For additional information, contact Wendy Yang Tel: (303) 357-4863
Internet Site: http://www.intlminerals.com

Cautionary Statement:

Some of the statements contained in this release are "forward-looking statements” within the meaning of Canadian securities law requirements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the production estimate at the Pallancata Mine. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to the mine production increase estimate; project capital and production costs; labor actions; risks relating to obtaining mining and environmental permits; mining and development risks; financing risks; risk of commodity price fluctuations; political and regulatory risks; and other risks and uncertainties detailed in the Company’s Renewal Annual Information Form for the year ended June 30, 2008, which is available at www.sedar.com under the Company’s name. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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