International Nickel Updates Results in the Anapolis Belt Nickel Sulphide Exploration Program

Toronto, Ontario — June 21, 2007 – International Nickel Ventures Corporation (TSX Venture: INV) (“INV”) reports finding large nickel geochemical anomalies on three of its 100%-owned targets in the Anápolis belt, located about 90 km north of Goiánia city in central Brasil. This belt was selected for sulphide nickel exploration based on known nickel/copper sulphide deposits in the region at Mangabal and Americano do Brasil, (see Figure 1)

At Taquaral West, the regional soil sampling grid, over a 7.5 km long ultramafic body with lines spaced every 500 m, has outlined a nickel soil anomaly with a strike length of approximately four km with values above 1,000 ppm (0.1% Ni) and reaching 5,330 ppm (0.5% Ni), (see Figure 2 and Table 1). The southern portion shows an associated copper anomaly of approximately 600 m in strike length, (see Figure 3 and Table 1).

At Taquaral East, a soil sample survey has outlined two nickel anomalies, 700 and 1000 m in strike length and mafic-ultramafic outcrops have been mapped along strike for approximately four km. Soil samples, collected on the grid with lines spaced at 400 m intervals and sampling at 25 m intervals, returned values up to 6335 ppm (0.6% Ni). Two copper anomalies with values up to 476 ppm were also outlined, one associated with a nickel anomaly and one with a mafic rock occurrence (see Figure 4 and Table 2).

At Aguas Claras, located 40 km SW of Taquaral and 20 km E of the Americano do Brasil Ni-Cu mine, an ultramafic body extending over 1,700 m has been identified by reconnaissance mapping. Visible sulphides (chalcopyrite, pyrite and pentlandite) were observed in several outcrops (see Figure 5).

The Taquaral West, East and Aguas Claras targets are located in the Anápolis-Itaucu Orogenic Complex a plutonic/volcanic arc system with differentiated mafic-ultramafic intrusive complexes of which the Americano do Brasil and Mangabal nickel sulphide deposits are the most well known examples of potential nickel deposit targets.

An airborne electromagnetic survey (VTEM) has been contracted to be flown over both the Taquaral and Aguas Claras properties to locate potential sulfide conductors for drilling.

INV controls an extensive land position of approximately 200,000 hectares in the Anápolis belt with more than 50 targets staked over the best magnetic/radiometric regional anomalies. INV is currently also exploring in the states of Goiás, Para and Tocantins, Brazil for lateritic nickel deposits.

About INV

INV is a Canadian mineral resource company focused on the acquisition, exploration and development of nickel projects in Brazil. Its primary asset is an option to acquire, with 73% partner and operator Teck Cominco, a 75% interest in two advanced-stage nickel laterite deposits, Santa Fé and Iporá, in the Goiás nickel camp of Brazil. In addition, INV has a 100% ownership in an extensive land package of prospective nickel properties in Goiás, Para and Tocantins States, which now totals over 390,000 hectares.

This news release was prepared under the supervision and review of J. Alan Spence, President of SRM, an independent consultant to INV and a Qualified Person as defined under NI 43-101. All geochemical assays were completed by SGS Lakefield Brasil using multi-acid digestion with an ICP finish.

Forward-Looking Statement

This press release contains certain forward-looking statements. These forward-looking statements are subject to variety of risks and uncertainties beyond INV’s ability to control or predict, which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. In this news release there is no guarantee that any economic mineral deposits will be found on INV’s properties. For a more detailed discussion of such risks and other factors, refer to INV’s filing with Canadian securities regulators available on www.sedar.com or INV’s website at www.nickelventures.com.

Table 1: Significant Soil Assay Results – Taquaral West

Sample Area Ni
ppm
Cu
ppm
Co
ppm
Pt+Pd
ppb
B-38385 ANI-126 5330 88 241 98
B-38386 ANI-126 4849 68 248 58
B-38290 ANI-126 4592 81 198 39
B-38388 ANI-126 4519 64 227 63
B-38387 ANI-126 4389 55 212 57
B-38384 ANI-126 4348 24 157 34
B-38389 ANI-126 4159 53 268 56
B-38292 ANI-18 3958 145 398 38
B-38293 ANI-18 3838 57 106 15
B-38289 ANI-18 3654 149 228 37
B-38361 ANI-126 3617 64 193 39
B-38383 ANI-126 3300 41 149 34
B-38362 ANI-126 3249 56 227 38
B-38321 ANI-126 3249 55 139 40
B-38374 ANI-126 3164 32 145 < 10
B-38375 ANI-126 3158 48 185 45
B-38360 ANI-126 3059 60 342 52
B-38308 ANI-126 2955 88 172 67
B-38376 ANI-126 2926 45 168 30
B-38356 ANI-126 2924 61 151 38
B-38341 ANI-126 2788 53 156 33
B-38358 ANI-126 2741 54 151 32
B-38283 ANI-126 2686 233 230 42
B-38357 ANI-126 2660 59 149 45
B-38359 ANI-126 2643 47 141 32
B-38342 ANI-126 2636 57 153 43
B-38355 ANI-126 2635 55 154 49
B-38382 ANI-126 2365 44 131 33
B-38311 ANI-126 2338 76 159 18
B-38322 ANI-126 2328 53 171 41
B-38301 ANI-126 2306 64 182 37
B-38270 ANI-18 2299 106 139 < 10
B-38309 ANI-126 2275 78 141 53
B-38291 ANI-18 2175 151 212 25
B-38345 ANI-126 2149 47 135 30
B-38310 ANI-126 2121 66 140 37
B-38343 ANI-126 2067 53 145 39
B-38363 ANI-126 2045 48 111 14
B-38294 ANI-18 2032 199 170 13
B-38271 ANI-18 1408 124 128 16
B-38295 ANI-18 990 234 91 22
B-38297 ANI-18 910 476 113 37
B-38296 ANI-18 843 339 107 16
B-38298 ANI-18 437 281 88 15

Table 2: Significant Soil Assay Results – Taquaral East

Sample Type Area Target Ni
ppm
Cu
ppm
Co
ppm
(Pt+Pd)
ppm
B-58868 Soil ANI-16 Taquaral 6039 119 215 40
B-58789 Soil ANI-15 Taquaral 5102 63 246 39
B-58787 Soil ANI-15 Taquaral 4694 66 255 41
B-58869 Soil ANI-16 Taquaral 3553 96 232 33
B-38592 Soil ANI-15 Taquaral 3013 72 128 10
B-38548 Soil ANI-16 Taquaral 2659 128 184 < 10
B-58820 Soil ANI-16 Taquaral 2490 101 146 23
B-58790 Soil ANI-15 Taquaral 2204 91 231 59
B-58775 Soil ANI-15 Taquaral 2009 71 103 < 10

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