International KRL Resources Corp.
TSX VENTURE : IRK

International KRL Resources Corp.

May 31, 2006 09:05 ET

International KRL Resources Mobilizes Camp and Drills for 15,000 Metre Drill Program on NOR, Yukon

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 31, 2006) - International KRL Resources Corp. ("the Company") (TSX VENTURE:IRK) today announced that the crew and the diamond drills are being mobilized to the NOR property. A small crew has been on the property preparing the camp for the past two weeks. Additional crew and two diamond drills will be on site by the end of this week. The 15,000-metre helicopter-supported drill program on the NOR is expected to start early next week.

The objective of the program is to determine the extent of the NOR heterolithic hematite-rich diatreme breccia along an 8 km strike length and to evaluate mineralization that may be associated with the copper-uranium-gold-rare earth geochemical anomalies outlined during the 2005 exploration program. The property is also associated with a very large magnetic and gravity anomaly. This drill program should provide an initial evaluation of the potential of the NOR property to host an Olympic Dam-type deposit.

The first few holes of the program will focus on further clarifying the geological model. "Drilling is the only conclusive exploration tool that can determine whether the geophysics, geochemistry and the geological model mesh underneath the surface," said Seamus Young, President and CEO. "We have great expectations for the potential of this property and this program. With each hole we will gain a tremendous amount of information that will enable our exploration team to hone in or adjust the location of the subsequent drill holes as we work through this large diamond drill program," he added.

The proposed drill program is comprised of 8 parallel drill sections at right angles to the trend of the NOR ridge along its 8 km strike length. Each section will consist of 4 to 6 holes for a total of 1800 to 2100 metres per section.

The NOR property is comprised of 236 contiguous mining claims covering approximately 48 sq. km. The property is located on the east side of the Richardson Mountains in the Yukon Territory, 65 km east of the Dempster Highway and approximately 395 km north of Dawson City.

International KRL Resources Corp. is a mineral exploration company engaged in the acquisition, exploration and development of prospective Canadian properties. The Company is currently exploring for uranium, copper, and gold in the Yukon Territory, Saskatchewan, 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

Judith T. Mazvihwa, CFO & Director

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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