International Minerals Corporation (TSX: IMZ.TO) (SWISS: IMZ.TO) (the "Company") reports continuing excellent financial results for the second fiscal quarter ended December 31, 2011 (the "Current Quarter").

Current Quarter highlights include $12.0 million in pre-tax income and $11.1 million in consolidated net and comprehensive income after tax ($0.09 per share), including net equity earnings of $13.1 million from the Company's 40% interest (Hochschild Mining 60%) in the Pallancata Mine in Peru.