IPMG - International Precious Minerals Group Message Board

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Gold/Mining/Energy : IPMG - International Precious Minerals Group

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Mar 7 3:00 PM EST

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From: jmhollen	8/8/2006 2:11:59 PM
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IPMG Negotiates With Excelsior Mining Corporation KEN CARYL RANCH, CO, Aug 08, 2006 (MARKET WIRE via COMTEX) -- International Precious Minerals Group Inc. (PINKSHEETS: IPMG) is in the final stages of signing a Joint venture agreement with Excelsior Mining Corporation of Washington State, on two gold and silver properties with known reserves. Excelsior Mining Corp was founded in 1986 by Doug McFarland to develop the Excelsior Mine, a large tonnage gold and silver deposit. IPMG CEO Brian Robertson was quoted as saying that these resources are a perfect fit with our business model and philosophy. Mr. McFarland stated that he "is very pleased with the agreement and is looking forward to doing the development work which is planned." ipminerals.com Contact: Kimberly Griffiths Corporate Secretary International Precious Minerals Group Inc. (720) 222-1038 kimgriffiths@ipminerals.com .

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