Former Ontario Natural Resources Minister and Minister of Northern Development and Mines to assist management with projects in China

TORONTO -- Inter-Citic Mineral Technologies Inc., a gold exploration and development company focused in the People's Republic of China, announced today that it is pleased to welcome Chris Hodgson as Special Advisor to the CEO. Mr. Hodgson brings extensive management and negotiation experience gained through his roles as a Cabinet Minister under Ontario Premiers Mike Harris and Ernie Eves, and in business prior to entering public office.

Mr. Hodgson entered the political arena in 1994, and following the 1995 general election was appointed as Ontario's Minister of Natural Resources and Minister of Northern Development and Mines. Within this post, Mr. Hodgson was recognized for creating new opportunities and growth within the Ontario mining industry, as he introduced and proclaimed a new Mining Act and froze all taxes and fees related to the mining industry. In addition, he preserved the Prospectors Assistance Program and launched Operation Treasure Hunt, which provided a $19 million boost to Ontario's geological surveys. In 1997, Mr. Hodgson was appointed as Chairman of the Management Board of Cabinet and Deputy House Leader and, following his re-election in 1999, was re-appointed Chairman of the Management Board of Cabinet. In 2001, Mr. Hodgson was named as Minister of Municipal Affairs and Housing.

"We are fortunate to have the benefit of Chris' ongoing advice and assistance. The Company will no doubt benefit from Chris' common sense approach to management challenges," said Jim Moore, Inter-Citic's President and CEO. "Chris's wealth of knowledge and experience will be extremely valuable as we move forward with the exploration and development of our current properties and as we look to add new mineral projects in the People's Republic of China."

Experienced Management Team Mr. Hodgson joins a strong management and advisory team based in Canada and China. Heading up Inter-Citic's exploration and project acquisition teams in China is Xiping Zhang. Mr. Zhang, a geologist who holds two doctoral degrees in geochemistry, has 20 years of experience in the evaluation and exploration of gold and base metal projects in China on behalf of both Chinese and foreign mining companies and government organizations.

About Inter-Citic Toronto-based Inter-Citic Minerals Inc. is a gold exploration and development company with properties in the People's Republic of China. The Company has strategic partnerships with several large financially strong and established groups in China to facilitate investment in China for both Western and Chinese partners. Inter-Citic is listed on the TSX Venture Exchange under the symbol ICI.

FOR FURTHER INFORMATION PLEASE CONTACT:

Inter-Citic Minerals Inc., James J. Moore, President & CEO, (416) 363-5055 or Flora Wood OR Sean Stokes Business Development Linear Capital Corp. (416) 364-2266

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of, this news release.

FORWARD LOOKING STATEMENTS Certain statements in this press release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Inter-Citic Minerals Inc. (the "Company") to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, such statements use such words as "may," "will," "expect," "anticipate," "project," "believe," "plan" and other similar terminology. The risks and uncertainties are detailed from time to time in reports filed by the Company with securities regulatory authorities to which recipients of this press release are referred for additional information concerning the Company, its prospects and the risks and uncertainties relating to the Company and its prospects. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of the Company to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking information contained in this press release is current only as of the date of this press release. There should not be an expectation that such information will in all circumstances be updated, supplemented or revised whether as a result of new information, changing circumstances, future events or otherwise.

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