International Bethlehem Completes Rare Earths Drilling Program On Its Myoff Creek Property, BC


September 26, 2011

West Vancouver, British Columbia September 26, 2011International Bethlehem Mining Corp. (the “Company” or “International Bethlehem”) is pleased to announce that the Company has completed its initial drilling program on its Myoff Creek Rare Earths Elements property (“the Myoff Creek Property”). The Myoff Creek Property is located approximately 100 kilometres by road north-northeast of the community of Seymour Arm in southeastern British Columbia.

One of the primary objectives of the first phase of core drilling was to test the grade and thickness of the historically known “REN carbonatite” zone at a depth of 25 metres to greater than 100 metres below the zone of surface weathering. As part of this drill program, the Company completed a total of 1,134 metres of NQ core from 8 holes at 6 setup locations and tested the carbonatite zone over a 1 km strike length.

The carbonatite zone intervals within the 8 drill holes are as follows:

Drill Hole
Number
From
(metres)
To
(metres)
Interval
(metres)
True  Thickness
(metres)
 MC- 11- 01 18.5 49.5 31.0 31.0
 MC- 11- 02 28.6 66.4 37.8 31.0
 MC- 11- 03  8.2 63.1 54.9 54.9
 MC- 11- 04 27.7 123.1 95.4 95.4
 MC- 11- 05 23.2 94.2 71.0 71.0
 MC- 11- 06 74.0 158.0 84.0 84.0
 MC- 11- 07 90.0 180.0 90.0 74.0
 MC- 11- 08 75.4 145.4 70.0 70.0

The above table indicates the true thicknesses of the composite carbonatite zone, which includes screens and interlayers of mafic and potassic fenite, pegmatite and intruded country rock. Each drill hole penetrated the carbonatite zone from the hanging wall to the footwall and overall the drill core recovery was close to 100%.

The Company has interpreted the drilling results to indicate that the true thickness of carbonatite zone is between 31 to 95 metres over the 8 drills holes. The drill core is being delivered to a secure facility at the University of British Columbia, Department of Earth and Ocean Sciences (under the supervision of Professor Lee A. Groat), where it will be split and further examined, analyzed and assayed for Niobium (Nb), Tantalum (Ta), and Rare Earth Elements. The results from such analysis will be released by the Company once received and reviewed.

This news release has been reviewed and approved by Warner Gruenwald, P. Geo., who is acting as the Company’s Qualified Person for the Myoff Creek Property project, in accordance with regulations under NI 43-101.

A drill plan and cross sections from the completed program will be available for viewing on the Company’s website (www.bethlehemmining.com).

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, Robert A. Young, Investor Relations, at 604-682-5123 or visit the Company’s website at www.bethlehemmining.com.

 

International Bethlehem Mining Corp.

“Ronald A. Coombes”
_________________________________
Ronald A. Coombes, President & CEO

 

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.

This news release includes certain statements that may be deemed “forward-looking statements” within the meaning of applicable securities legislation. All statements, other than statements of historical facts, that address such matters as future exploration, drilling, exploration activities, potential mineralization and resources and events or developments that the Company expects, are forward looking statements and, as such, are subject to risks, uncertainties and other factors of which are beyond the reasonable control of the Company. Such statements are not guarantees of future performance and actual results or developments may differ materially from those expressed in, or implied by, this forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking statements include such matters as market prices, exploitation and exploration results, continued availability of capital and financing, and general economic, market or business conditions. Any forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.