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Information posted was accurate at the time of posting but may be superseded by subsequent news releases Back 
Positive Assay Results Blue Nose Project
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April 28, 2009 - Infrastructure Materials Corp. (NASDAQ OTC-BB: Symbol IFAM) (the "Company") is pleased to announce the assay results from 4 holes of the 10 hole drill program (3,400 feet) completed on the Blue Nose Limestone Project. The property is located in Lincoln County, Nevada, approximately 90 miles north east of Las Vegas.
Results from this recent drilling include assays that range between 88% and 100% calcium carbonate (CaCO3). Strip ratios in the area of the drill holes are considered acceptable. Only nominal areas of elevated Magnesium were encountered and do not appear to effect the overall value of the cement grade zone. Hole four was drilled to 500 feet to encounter a second zone which is expected to surface up-dip to the east. Cement grade limestone requires 88% calcium carbonate. A detailed breakdown of drilling results on the first 4 holes is listed in the table below. Results on the remaining 6 holes will be announced as available.
On April 22, 2009 drilling commenced on the Morgan Hill Limestone Project. This program of 23 drill holes will total approximately 7,000 feet. The Morgan Hill property is located 20 miles west of Wells, Nevada in Elko County. Preliminary rock sampling, on the property indicated cement grade limestone assaying in the 90% to 98% calcium carbonate (CaCO3) range. Based on surface measurements and dip exposures of the limestone, the property has potential tonnage estimates, ranging from 150 to 200 plus million tons. Management believes this property is situated to competitively reach markets in Salt Lake City, Reno and the State of California.
The Company believes these projects are well timed to meet America's future infrastructure needs.
Todd Montgomery, CEO of Infrastructure Materials Corp. recently commented, "We are pleased and excited with the progress of our limestone projects. Our team has identified properties with terrific potential and moved quickly through a geological exploration program to qualify the two projects for drill testing. With these recent results, we are beginning to see continuity of grade to depth as we had anticipated. Moving forward, we will continue to work towards defining these cement grade limestone deposits. With America's infrastructure stimulus plan and forecasts for cement demand, I believe strongly these projects could not be better timed."
Results from the first 4 drill holes are tabled below:
| BNR-1 - CaCO3 |
BNR-2 - CaCO3 |
BNR-3 - CaCO3 |
BNR-4 - CaCO3 |
| 60-80' - 92.08% |
75-90-100' - 93.82% (1) |
50-70' - 88.70% |
65-85' - 84.89% |
| 80-100' - 97.10% |
100-120' - 100% |
70-90' - 100% |
85-105' - 93.25% |
| 100-120' - 88.54% |
120-140' - 99.92% |
90-110' - 98.79% |
105-125' - 94.86% |
| 120-140' - 90.28% |
140-160' - 99.92% |
105-110' - 98.79% |
125-145' - 95.73% |
| 185-205' - 100% |
160-180' - 99.11% |
190-210' - 91.88% |
145-165' - 88.22% |
| 205-225' - 93.34% |
180-200' - 100% |
210-230' - 89.91% (3) |
165-185' - 92.90% |
| 225-245' - 100% |
200-220' - 96.78% |
230-250' - 85.83% |
185-195' - 90.05% |
| 245-265' - 100% |
225-245' - 99.21% |
250-270' - 89.28% |
370-390' - 89.94% (4) |
| 265-285' - 100% |
245-265' - 99.32% |
270-290' - 90.16% |
390-395' - 95.98% |
| 285-200' - 100% |
285-300' - 96.58% (2) |
290-300' - 97.22% |
395-410' - (5) |
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415-435' - 93.02% |
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435-455' - 95.25% |
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455-475' - 94.93% |
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475-495' - 94.27% |
| Notes |
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495-500' - 96.20% |
(1) 90-95' no sample elevated silica 95-105'
(2) Elevated Silica between 215-235'
(3) 220 - 225' elevated magnesium oxide 3.1%
(4) 195-370' void of economic grade
(5) High magnesium oxide values |
Infrastructure Materials Corp. is an exploration stage mining company that is directing its efforts to the development of cement grade limestone deposits in strategic locations in the United States.
For more information, please contact,
Scott Koyich, IR
Mason Douglas, President
Phone 866-448-1073
Fax 866-786-6415
email info@infrastructurematerialscorp.com
or visit our Website at
www.infrastructurematerialscorp.com
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of U.S. securities laws Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate," "estimate" and other similar words or statements to the effect that certain events or conditions "may", "have" or "will" occur. This release also contains statements based upon historical records pertaining to our mineral claims that have not been verified by the Company. The term, "resource" is not a term that is recognized by SEC guidelines and does not rise to the level of certainty required by SEC guidelines. Forward-looking statements or references to historical records are based on the material in our possession, opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those stated or projected in this press release. The Company undertakes no obligation to update forward-looking statements or historical information. The reader is cautioned not to place undue reliance on forward-looking statements. |
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