IMC International Mining Corp. announced to provide an update with its respect its 100% owned Bullard Pass property located in west-central Arizona within the Pierce Mining District in Yavapai County. The property is comprised of 171 unpatented federal lode claims totaling 3,420 acres with a regional setting typical of detachment fault gold deposits and has geological, mining and metallurgical similarities to the Mesquite Mine in California. In the fall of 2019, IMC completed a Mobil Metal Ions (MMI) soil-sampling program that covered a portion of the previously sampled enzyme leach grids covering a portion of the claims. The purpose of this program was to compare soil-sampling methods of the Quaternary surficial deposits to help locate potential `blind' deposits. The Company has engaged Kaaterskill Exploration to interpret the results of the MMI program and to compare them to previous soil geochemical analyses to determine correlation, potential zoning, source areas for mineralizing fluids, and post-mineralized structures if any. The Company is also in possession of hard copy results and data of historic work completed on and near the IMC Claims, such as geological mapping and geochemical sampling. Kaaterskill personnel will compile and digitized work, including such information to further update the Company's database and perform follow-up work, including litho-geochemical sampling in the areas indicated as geochemically anomalous from the historic maps and ground proof past geological mapping. They will then use all results to generate potential drill targets for a proposed spring drill program. The Company also wishes to provide an update to its November 12, 2019 press release in which it had announced that IMC signed a non-binding letter of intent with Orosur Mining Inc. In December 2019, IMC personnel completed a 10-day Uruguay visit comprising tours of Orosur's milling facility, past producing mines, and exploration properties. Meetings were also held with the Secretary of Mining and Geology from the Ministry of Industry, Energy and Mining, the Canadian Ambassador and Canadian Trade Commissioner, as well as with head management of past owners of the Orosur property and mining permits. The letter of intent expired on December 27, 2019 without a definitive agreement being concluded. IMC remains in discussions with Orosur to consider if a mutually beneficial agreement can be reached for the purchase of Orosur's mining and exploration permits in Uruguay.