International Ranger Corp.
PINK SHEETS : IRNG

International Ranger Corp.

December 04, 2007 12:21 ET

International Ranger Corp. Reports on Work Conducted by the Alberta Geological Survey on Its Whiskey Gap Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 4, 2007) - International Ranger Corp. (PINK SHEETS:IRNG) is pleased to announce further developments on its 44,400 acre Whiskey Gap Uranium project located in Southern Alberta along the Canada/U.S.A border. North American Gem Inc. entered into a Joint Venture Agreement with International Ranger Corp. on November 1, 2005 and has completed two drill programs in which anomalous radioactivity was intersected in 31 of 37 drill holes totalling 4005 meters.

With the discovery of strongly reducing, radioactive sandstones, containing anomalous heavy metals and associated radon in water, Management remains confident that the Whiskey Gap lands could contain significant Sandstone Hosted Uranium mineralization.

Most recently a Water Sampling Program had been conducted on the Whiskey Gap project lands by the Alberta Geological Survey. The survey data is released as Earth Sciences Report 2007-08 by R. Olsen and S. Anderson of the AGS. The AGS study confirmed the Anomalous Radon and Uranium in water values first located during the original International Ranger and North American Gem exploration programs.

AGS sample number 06USA017 collected from a location not previously sampled, returned values of 160 ppb Uranium, 420 ppb molybdenum and 140 ppb Arsenic. These sample values are approximately 4 times higher than any previous water samples taken on the property and are located up "flow direction" of a strongly reducing zone of anomalous mineralization and radioactivity defined late in the 2006 drill program.

Sandstone hosted Uranium mineralization typically is localized at the boundary between oxidation and reducing conditions, these zones typically contain high levels of heavy metals in addition to Uranium. The Whiskey Gap property is underlain by a series of fluvial sandstones of Cretaceous age, thought to be analogous to sandstones in parts of Wyoming that host significant Roll front Uranium deposits.

The Whiskey Gap Project is a Joint Venture between North American Gem Inc. and International Ranger Corp., whereby the Company can earn a 70% interest by spending $1,250,000 over 3 years. An additional 10% can be earned by taking the project to feasibility.

Glenn S. Hartley, P. Geol., a qualified person under national instrument 43-101, has approved the technical information contain in this news release.

Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995: The Statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, risks detailed from time to time in Rangers filings with the Securities & Exchange Commission.

On behalf of the Board.

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