IBC Advanced Alloys Announces Completion of Airborne Geophysical Survey for Utah Properties

VANCOUVER, BC – August 10, 2010 – IBC Advanced Alloys Corp. (TSX-V: IB) (“IBC” or the “Company”) an integrated manufacturer of advanced nonferrous and beryllium alloys, and the owner of beryllium properties in Colorado and Utah, announced today that Fugro Airborne Survey (“Fugro”) has completed the airborne geophysical data collection portion of its contract regarding IBC’s beryllium claims and the surrounding area in Juab County, Utah.

The survey area covered 72,380 hectares (178,850 acres) in 271 flight lines totalling 7,495 line kilometres (4,657 line miles) of total magnetic intensity and 256-channel radiometric data recording. Flights were carried out at an average height above terrain of 157 metres (515 feet).

A total of 1,060,172 total magnetic intensity readings were recorded and 106,262 sets of 256-channel gamma ray energies were compiled. The next phase of the survey will be to adjust all data readings to compensate for differences that occurred during the period of data collection in temperature, humidity, barometric pressure and height above terrain, as well as diurnal variations in the earth’s magnetic field and cosmic ray additions to the ground-based gamma ray energies recorded.

“We are very pleased with the results of the airborne survey,” said Lee Rice, an IBC director and geological consultant to the Company. “The data quality and integrity is excellent and will greatly assist IBC in geologically mapping the area and structures and develop a more precise and effective drilling program.”

Once this data processing task is completed by Fugro, the entire dataset will be turned over to the Company where geological and geophysical consultants will begin an analysis to determine the structure, rock types, and mineralization characteristics that comprise the study area. The results of this analysis will help direct further exploration efforts whose ultimate goal is to quantify the locations, extent, and tenor of beryllium mineralization within the area.

A preliminary examination of the collected data indicates that an excellent dataset has been acquired. The data show very good contrast in the radiometric soil and rock characterization, readily differentiating individual phases in the otherwise uniform-appearing volcanic ash deposits that blanket the area. The magnetic data reveal a number of northeast-trending regional faults not previously mapped and what appears to be part of a caldera ring wall feature. It is believed that these data will provide valuable insight into the deposition of beryllium minerals in this area.

About IBC Advanced Alloys Corp.

IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Pennsylvania, Indiana, Massachusetts and Missouri. Additionally, IBC owns prospective beryllium properties in the Western US covering approximately 9,500 hectares. IBC is creating a dynamic global beryllium and advanced alloys company. IBC’s common shares are traded on the TSX Venture Exchange under the symbol “IB”. See IBC on Facebook.

IBC Advanced Alloys Corp.
Ian Tootill, Director of Corporate Communications
(604) 685-6263 ext 110
Email: [email protected]
Website: www.ibcadvancedalloys.com