(Source: MARKETWIRE)

International Enexco Ltd. (TSX VENTURE: IEC) (the "Company" or
"Enexco") reported today that drilling is underway on Fronteer
Development Group Inc.'s Loomis Mountain gold property located 32
kilometres north of Wells in Elko County, Nevada. The property covers
15,570 acres of mostly private mineral rights and has similar
geological characteristics to deposits in the Carlin Trend.
Widespread anomalous gold mineralization at Loomis Mountain occurs in
a northeast-trending zone within upper plate rocks of the Roberts
Mountain Thrust. Enexco is project operator.
Surface sampling conducted by Enexco has confirmed gold occurrences
in rock-chip samples ranging from anomalous to 7.1 grams per tonne
gold. The samples fall within a target area containing several
silicified breccias, up to 2 meters in width, within an exposed area
approximately 500 metres by 1500 metres. A 2000 metre RC drilling
program consisting of 17 angled holes commenced last month. In
addition to testing the gold potential of the structures within the
upper plate rocks, the RC program is planned to provide direction for
later core drilling to intersect the structures at depth within the
more favorable lower-plate rocks, which are the host for high grade
gold mineralization elsewhere in the Carlin Trend. One of Enexco's
core drills will be used for the deeper drilling program. Enexco
holds an option to earn a 51% interest in the Loomis Mountain gold
property. (see Enexco June 2, 2009 news release).
Hot Pot Gold Property
The Phase One drilling program at the Hot Pot gold property in
Humbolt County, Nevada, which commenced in July this year, is nearing
completion. The property is located 6 kilomtres west of Newmont's
Lone Tree Mine (5 million ounces Au) and 13 kilometres north of
Goldcorp's Marigold Mine (4 million ounces Au). In the Phase One
drilling program, Enexco, thus far, has succeeded in testing beneath
the valley sand and gravel cover, with angled core holes to 500
metres depth. The Company is encouraged by the drilling, which has
intersected altered quartzites and argillites similar to the host
rocks at the Lone Tree and Marigold mines. Phase Two drilling at Hot
Pot will continue to develop stratigraphic information and test the
property for high-angle structures which are the focus of high grade
mineralization at the aforementioned mines. The Hot Pot gold property
is under a joint-venture agreement between International Enexco and
Nevada Exploration Inc. (NGE.V) (see Enexco June 8, 2009 news
release).
The information herein was reviewed by Dr. William Willoughby, PE who
is a Director of International Enexco and a Qualified Person (QP) as
defined by Canadian National Instrument 43-101 Complete assay results
from the Loomis Mountain and Hot Pot drilling programs will be issued
in forth coming press releases by the Company.
Interested parties can view more information on the company's gold
projects at www.enexco.ca.
ABOUT INTERNATIONAL ENEXCO
Enexco is a Canadian based advanced exploration company headquartered
in Vancouver, B.C. In addition to its 100% owned Contact Copper
Project, in Elko County, Nevada, the Company is exploring prospective
areas of Nevada for gold deposits, and has a joint-venture with
Cameco Corporation (52.5%), Enexco (30%) and AREVA. (17.5%) to
jointly develop the High-Grade Mann Lake Uranium Project located in
the Athabasca Basin in Saskatchewan. Cameco is operator of the Mann
Lake Uranium Project.
For further information on all of Enexco's projects, visit our
website at: www.enexco.ca.
"Neither The TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release."
Contacts:
International Enexco Limited
Paul McKenzie
Director
(604) 669-8368
(604) 642-2629 (FAX)
www.enexco.ca
SOURCE: International Enexco Limited
A service of YellowBrix, Inc.