International KRL Resources Corp.
TSX VENTURE : IRK

International KRL Resources Corp.

July 28, 2006 17:26 ET

International KRL Resources Extends Term on Warrants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 28, 2006) - International KRL Resources Corp. (TSX VENTURE:IRK) announced today that it has extended the exercise period of 2,725,000 outstanding share purchase warrants, which were due to expire on August 3, 2006, for a period of six months until February 3, 2007. The affected warrants were issued pursuant to brokered and non-brokered private placements completed on August 3, 2005. The warrant's exercise price of $0.30 will remain unchanged.

International KRL Resources Corp. is a mineral exploration company engaged in the acquisition, exploration and advancement of Canadian mineral properties. The Company is currently exploring for copper, gold and uranium on its Nor property in the Yukon Territory. A 15,000-metre drill program is underway on the Nor. Assays will be reported as they are received. The Company's portfolio also includes a uranium project in Saskatchewan and gold projects in Ontario and British Columbia. 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

Seamus Young, President and CEO

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

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