International Frontier Resources Corporation

International Frontier Resources Corporation

March 07, 2005 09:00 ET

International Frontier Resources Corporation: News Release


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: INTERNATIONAL FRONTIER RESOURCES CORP.

TSX VENTURE SYMBOL: IFR

MARCH 7, 2005 - 09:00 ET

International Frontier Resources Corporation: News
Release

CALGARY, ALBERTA--(CCNMatthews - March 7, 2005) - International Frontier
Resources Corporation (TSX VENTURE:IFR) today announced the Company has
received TSX Venture Exchange approval for the issuance of 75,000 common
shares to the Katlodeeche First Nations ("KFN"). The shares were issued
pursuant to the terms and conditions of a memorandum of understanding
announced on February 10th, 2005. The shares are restricted from trading
until June 23, 2005.

The Company (100%) and KFN have agreed to form a joint venture to
explore for hydrocarbons on KFN Traditional and Reserve lands covering
approximately 3,000 square miles (1.9 million acres). The acreage is
located in the southern Northwest Territories, extending from Alberta's
border north to the town of Hay River, NWT. The Company plans to
commence geophysical operations in Q-3, 2005.

The Company's exploration program in the Central Mackenzie Valley, NWT
is currently in progress. Drilling of the Sah Cho L-71 exploratory
wildcat well, and testing of the Summit Creek B-44 well, is scheduled to
be completed on or before March 30th, 2005.

This news release is not intended for distribution to US news wire
services or for dissemination in the United States and does not
constitute an offer of the securities described herein. The Company
seeks safe harbor.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    International Frontier Resources Corp.
    Pat Boswell
    President & CEO
    (403) 215-2781
    or
    International Frontier Resources Corp.
    Mark Powell
    VP Exploration
    (403) 215-2783
    (403) 215-2788 (FAX)
    Email: frontierres@shaw.ca
    Website: www.internationalfrontier.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the contents of this news
    release.