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Re: News - Thursday, July 26, 2007
International KRL Discovers New Uranium Showings at the Nor IOCG
Project, Yukon
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Vancouver, Thursday, July 26, 2007 -- International KRL Resources Corp.
(TSXV:IRK) today announced the discovery of several new surface
brannerite mineral showings on its Nor Iron Oxide-Copper-Gold project
in the Yukon.
Company geologists have carried out a scintillometer survey on the
northern part of the known breccia body to test for radioactive
response. A new brannerite showing with a scintillometer reading of
6,800 counts per second has been located approximately 1.1 km
north-west from the known brannerite mineralization where the
previously reported (March 1, 2007) 4.8% U3O8 sample was taken.
Additional areas of brannerite and/or high (greater than 500 counts per
second) scintillometer readings have also been located over 1 km along
a north-west trend. The areas with high scintillometer readings were
hand trenched.
"The showings coincide with the known geological features of the
Wernecke Breccia and the contact of the Fairchild Lake Group of
sedimentary rocks. This significantly expands the strike potential of
the brannerite target," said Mike Hibbitts, Vice President,
Exploration.
Four samples from outcrop and subcrop were collected from the hand
trenched areas. Assay values range from 0.11% to 0.21% U3O8. The
samples were assayed by Acme Analytical Labs in Vancouver, BC.
The scintillometer readings when overlain on top of the 2005 uranium
soil geochem did not identify the newly discovered areas of brannerite
mineralization. There is a strong likelihood of additional brannerite
discoveries as company geologists continue mapping at Nor and as
additional geophysical surveying is carried out on the property.
In addition, International KRL's
Diamond drill program continues to
test copper and uranium targets at Nor. The Company is currently
drilling its 6th
Diamond drill hole of the season. Four of nine holes
in the 2006 drill program (previously reported November 7, 2006)
intersected copper values from 0.25% to 1.6% in bornite, malachite and
chalcopyrite. Of particular interest is the contact area between the
Wernecke Breccia and the Fairchild Lake Group rocks.
Michael Hibbitts, P.Geo, Vice President Exploration is the Qualified
Person for this property.
International KRL Resources Corp. is a mineral exploration company
engaged in the acquisition, exploration and advancement of Canadian
mineral properties. It has a tremendous property portfolio prospective
for uranium, copper and gold. For more information on the properties
and International KRL Resources Corp. please visit www.krl.net,
www.sedar.com and www.sec.gov websites.
ON BEHALF OF THE BOARD
"Judith T. Mazvihwa"
________________
Judith T. Mazvihwa
CFO & Director
For Further Information Please Contact:
Judith T. Mazvihwa, CFO & Director
604-689-0299 x 224
Natasha Blackburn, Director of Corporate Development
604-689-0299 x 225
Statements contained in this news release that are not historical facts
are forward-looking statements, which are subject to a number of known
and unknown risks, uncertainness and other factors that may cause the
actual results to differ materially from those anticipated in our
forward looking statements. Although we believe that the expectations
in our forward looking statements are reasonable, actual results may
vary, and we cannot guarantee future results, levels of activity,
performance or achievements.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
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Copyright (c) 2007 INTERNATIONAL KRL RESOURCES CORP. (IRK) All rights
reserved. For more information visit our website at
http://www.krl.net/ or send mailto:info@krl.net
Message sent on Thu Jul 26, 2007 at 6:20:37 AM Pacific Time
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