International KRL Resources Corp.
TSX VENTURE : IRK

International KRL Resources Corp.

March 30, 2006 06:00 ET

International KRL Resources Secures Drill Contracts for 15,000 Metre Drill Program on NOR Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 30, 2006) - International KRL Resources Corp. ("the Company") (TSX VENTURE:IRK) today announced that it has signed drill contracts with E. Caron Diamond Drilling Ltd., of the Yukon, for 15,000 metres of drilling on its NOR project in the Yukon. The exploration camp will be set up and two diamond drills will be mobilized to the property in mid May and drilling is expected to begin the first week of June.

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

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 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.

KRL Resources Corp. is a mining exploration company engaged in the acquisition, exploration and development of mineral 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

Seamus Young, President

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.

Contact Information

  • International KRL Resources Corp.
    Mr. Seamus Young
    President
    (604) 689-0299
    (604) 689-0288 (FAX)
    info@krl.net
    www.krl.net