ICN Resources Ltd. ("ICN" or the "Company") (TSX VENTURE:ICN) is pleased to
announce that further to the Company's news release of December 19, 2011, the
Company has received approval from TSX Venture Exchange on a property option
agreement dated December 13, 2011 (the "Agreement") between the Company and
David Cooper Knight and Debra Jane Knight as trustees of the David C. and Debra
J. Knight Living Trust (the "Vendor"), whereby ICN has been granted an option to
acquire a 100% interest in 35 unpatented claims in the Silver Cliff property,
located in Custer county, Colorado.


Pursuant to the Agreement, ICN has issued 150,000 common shares in the capital
of the Company (the "Shares") to the Vendor at a deemed price of $0.23 per
Share. These Shares are subject to a statutory hold period expiring on May 12,
2012.


About ICN Resources

ICN is primarily focused on exploration for volcanic-hosted precious metal
deposits in western Nevada, emphasizing targets with geological similarities to
Sleeper, Sandman, Hollister, Midas and Aurora. ICN plans to explore the feeder
zones associated with large low-grade gold and silver systems, as well as
explore for high grade deposits at the new Goldfield Bonanza Project located in
western Nevada. ICN continues to evaluate opportunities in established
metallogenic belts elsewhere in the United States. The ICN management and
geological team have extensive experience in Nevada and worldwide, utilizing
this experience to generate prime opportunities for ICN shareholders. 


On Behalf of the Board of Directors of ICN Resources Ltd.,

Carl Hering, President & CEO

ICN Resources Ltd. 

www.icnresources.com

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