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International KRL Resources Corp.

Publié le 19 juin 2008

Provide Update on Turn River U-Ni Project

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Mots clés associés :   Nickel | Uranium |
=======================================================================
Re:   News - Thursday, June 19, 2008
      International KRL Resources and Logan Resources Provide Update on
      Turn River U-Ni Project
=======================================================================

    VANCOUVER, June 19 /CNW/ - International KRL Resources Corp. (TSX-V:IRK)
and Logan Resources Ltd. (TSX-V:LGR) today announced that an option agreement
dated April 2, 2007 with Longview Capital Partners Incorporated has been
cancelled. The agreement granted Longview Capital an option to earn a 50%
interest in their jointly-owned Turn River uranium-nickel project in the Yukon
by spending $15 million in exploration expenditures over five years. Pursuant
to the option agreement (detailed in Sept. 18, 2007 news release), Longview
was required to expend $2 million on exploration before April 2, 2008 and did
not meet this commitment.

    The Turn River project consists of 3,377 claims in twelve non-contiguous
blocks, covering an area of 706 km(2) (174,432 acres). The claims will remain
in good standing until 2009 - 2010. The property is located 95 km northeast of
Whitehorse and is serviced by the Canol Road. Significant nickel and uranium
silt stream sediment geochemical anomalies occur in the area. The elevated
nickel geochemical data is associated with ultramafic intrusive rocks.

    Late in the 2007 field season, a helicopter magnetic and radiometric
survey totalling 3,157 line km was flown over the Turn River claim blocks on
behalf of It's Your Nickel Exploration Ltd. (a private company partially owned
by Longview Capital). Three high priority and 24 secondary priority
radiometric anomalies were identified with potential for uranium
mineralization. Numerous magnetic anomalies also warrant further exploration
for nickel mineralization. International KRL and Logan Resources plan to seek
a joint venture partner to further explore the Turn River Property.

    Peter T. George, P.Geo., Consulting Geologist is the Qualified Person as
per NI43-101, responsible for the technical information contained herein.

    International KRL Resources Corp. and Logan Resources Ltd. are mineral
exploration companies engaged in the acquisition, exploration and advancement
of Canadian mineral properties. For further information on the Companies'
diversified exploration property portfolio, please visit www.krl.net,
www.loganresources.ca, www.sedar.com and www.sec.gov websites.

    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.

For further information: Earl Hope, Investor Relations, (604) 689-0299 x
232; Seamus Young, President and CEO, (604) 689-0299 x223


=======================================================================
Copyright (c) 2008 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 Jun 19, 2008 at 6:02:11 AM Pacific Time
=======================================================================
.

International KRL Resources Corp.

EXPLORATEUR
CODE : IRK.V
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International KRL Res. est une société d’exploration minière de zinc et de plomb basée au Canada.

International KRL Res. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont COPPER HILL, COPPER HILL, DECKER, WOLF PROPERTY, BEAR RIVER, NOR (IOCG), TIM/WOLF, CASSIAR PLATEAU, CLUFF LAKE (CARSWELL) et U CLAIMS URANIUM PROJECT au Canada.

International KRL Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,0 millions CA$ (1,0 millions US$, 673 729 €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2002 à 1,05 CA$, et son plus bas niveau récent le 04 décembre 2009 à 0,01 CA$.

International KRL Res. possède 66 940 000 actions en circulation.

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Financements de International KRL Resources Corp.
25/09/2009Private Placement Closed
20/08/2009First Tranche of Private Placement Closed
12/06/2009Announces $150,000 Private Placement
Attributions d'options de International KRL Resources Corp.
13/03/2008Grants Stock Options
Nominations de International KRL Resources Corp.
07/08/2009Announces Appointment of Director
Projets de International KRL Resources Corp.
04/02/2009(Nor (iocg))Provides Update on Nor IOCG Project, Yukon
20/08/2008(Cluff Lake (carswell))Sign Agreement for Cluff Lake Area Property, in the West Ath...
07/05/2008(Wolf Property) Provides Update on Wolf Project
06/02/2008(Nor (iocg)) Intersects Copper And Maps Uranium Structure At Nor IOCG Pr...
12/05/2005(Nor (iocg))2005 Technical report
Communiqués de Presse de International KRL Resources Corp.
23/11/2009Announces Change of Directorship
26/10/2009Shareholders approve share consolidation
24/08/2009Announces Change of Chief Financial Officer
20/07/2009Announces Resignation of Director
11/03/2008International KRL Resources to Begin Drilling Ag-Pb-Zn Targe...
12/11/2008Announces Resignation of Director
19/06/2008 Provide Update on Turn River U-Ni Project
18/06/2008Files Form 15F to Voluntarily Terminate Reporting Obligation...
28/05/2008acquires gold project in Quebec
09/04/2008Drilling Underway At International Krl Resources' Wolf Prope...
28/02/2008 Retains Investor Relations Service Provider
27/09/2007Options Lead-Zinc-Silver Project; Plans Fall 2007 Diamond Dr...
18/09/2007Option Their Turn River Uranium-Nickel Project to Lo
10/09/2007Reports Assays From 1.30% to 5.54% U from Nor; Wraps Diamond...
07/09/2007Ltd. Announce the Resignation of Michael Hibbi
01/08/2007 and Logan Resources Stake Additional Ground Prospective for...
26/07/2007Discovers New Uranium Showings at the Nor IOCG Project, Yuko...
05/07/2007Drill Program At Nor Proceeding Successfully
31/05/2007Advised of Exploration Progress by Golden Harp Resources at ...
08/05/2007Outlines 2007 Exploration Program For NOR IOCG Project in th...
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