International KRL provides update on Nor IOCG project, Yukon
Title:
International KRL provides update on Nor IOCG project, Yukon
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ON BEHALF OF THE BOARD
"Seamus Young"
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Seamus Young
President and CEO
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The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
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p, /CNW/ - International KRL Resources Corp. (TSX-V: IRK) provides the following update on its 100%-owned Nor iron oxide-copper-gold (IOCG) project, located 300 km northeast of Dawson City in the Yukon Territory.As of International KRL completed its final payment obligations under the terms of the option agreement with vendor , and has now earned a 100% interest in the Nor claims, subject only to a 2% NSR.In 2008, International KRL consulted with companies experienced in IOCG exploration, some of which have worked in similar geologic terrane, and has decided to proceed with a Titan 24 Magnetotellurics (MT) and IP/Resistivity (DCIP) survey over the property as soon as financing is available. This deep penetrating geophysical survey method allows for the detection of mineralized bodies to depths of 750 meters with IP and beyond 1.5 kilometers with MT data, and is ideally suited for the type of geological target at the Nor.International KRL Resources Corp. is a mineral exploration company engaged in the acquisition, exploration and advancement of Canadian mineral properties. It has a diversified property portfolio prospective for uranium, copper and gold as well as silver-lead-zinc. For more information on the property portfolio and International KRL Resources Corp. please visit , and websites.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.
<<
ON BEHALF OF THE BOARD
"Seamus Young"
-------------------------------------
Seamus Young
President and CEO
>>
<<
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
>>
p, /CNW/ - International KRL Resources Corp. (TSX-V: IRK) provides the following update on its 100%-owned Nor iron oxide-copper-gold (IOCG) project, located 300 km northeast of Dawson City in the Yukon Territory.As of International KRL completed its final payment obligations under the terms of the option agreement with vendor , and has now earned a 100% interest in the Nor claims, subject only to a 2% NSR.In 2008, International KRL consulted with companies experienced in IOCG exploration, some of which have worked in similar geologic terrane, and has decided to proceed with a Titan 24 Magnetotellurics (MT) and IP/Resistivity (DCIP) survey over the property as soon as financing is available. This deep penetrating geophysical survey method allows for the detection of mineralized bodies to depths of 750 meters with IP and beyond 1.5 kilometers with MT data, and is ideally suited for the type of geological target at the Nor.International KRL Resources Corp. is a mineral exploration company engaged in the acquisition, exploration and advancement of Canadian mineral properties. It has a diversified property portfolio prospective for uranium, copper and gold as well as silver-lead-zinc. For more information on the property portfolio and International KRL Resources Corp. please visit , and websites.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.