IGRU International Gold Resources Inc (CE)

International Gold Resources, Inc. (Pink Sheets:IGRU) announced today the discovery of several new gold targets at its Bonanza and Crown Jewel claim areas in the Klondike, Yukon Territory, Canada, and drill results from the 2007 exploration drilling program at Mahtin, Yukon Territory. During the 2007 exploration season, International Gold Resources, Inc. (IGR) completed a surface soil sampling program on the Bonanza and Crown Jewel properties and a 1,000 meter core drilling program at Mahtin. The results of these programs are detailed in several Canadian NI43-101 compliant reports that can be reviewed in detail on the IGR website, http://www.intlgold.com, in the �Projects and Reports� section. Crown Jewel At Crown Jewel, two new targets were identified, the King and the Mint. At the King target, a cluster of 65 soil samples defined a 3 km long surface gold soil anomaly. Six samples averaged between 5.5 and 6.3 grams per metric ton. 20 samples returned gold values between 2.9 and 5.4 grams per metric ton. Sampling on the Mint target defined two 500 meter long gold zones on each side of Mint Creek. Shawn Ryan, IGR�s Option Partner in the Yukon, commented, �Over the last 16 years we have collected over 35,000 soils from the Dawson District and specifically 6,000 soils from the Klondike Camp. The gold anomaly being outlined on the Crown Jewel is the strongest one in our Klondike soil database. The gold anomaly extends for 3,000 meters by 150 meters and is still open in two directions. The GSC (Geologic Survey of Canada) has worked in the Klondike gold camp since its discovery in 1898 and they state that the most positive indicator elements for gold are lead and zinc. The soil sample results for the Crown Jewel King target exhibit anomalous lead, zinc, silver, and arsenic. These indicator elements combined with gold in soil samples found in unglaciated terrain could mean that we are near the gold source for the King gold soil anomaly. I feel we may have outlined the beginning of the newest gold find in the heart of the Klondike.� Al Doherty, a registered professional geologist in Canada, and retained by IGR, stated, �Additional gridding, mapping, and IP (individual permit) surveys at Crown Jewel in 2008 should provide enough information to establish drill targets during the year. The Mint soil target may be related to epithermal rather than gold-quartz vein deposit models. With good road access from Dawson City, a 2008 initial drilling program could be completed on selected targets should the follow-up soil and geophysical work planned for this year confirm the 2007 results.� Bonanza At the Bonanza claim, 55 soil samples were above 1 grams per ton and identified 7 follow-up anomalous gold targets. The anomalous gold area occurs along a well-exposed and rounded ridge, well above the valley on the east side of Bonanza Creek near the center of the claim block. Mahtin At Mahtin, core drilling resulted in 43 intercepts that exceeded 0.15 grams per ton gold and four intercepts in hole MH-07-04 that returned between 0.71 and 2.40 grams per ton gold. Al Doherty stated, �Mahtin drill results in 2007 were encouraging and confirm the presence of sheeted quartz veins and an alteration style similar to that found at Red Mountain 7 km to the northeast that has developed substantial areas of 1 to 3 gram per ton gold over significant widths of up to 150 meters. Additional mapping and soil work in 2008 should identify follow-up drill targets.� Robert Dumont, IGR�s CEO and President stated, �We are very pleased with the results of our 2007 Yukon exploration program. We now have four specific gold targets in the Yukon.� About International Gold Resources, Inc. The vision of International Gold Resources, Inc. is to maximize shareholder value by becoming recognized as one of the premier early stage gold exploration and development companies in the World. Cautionary Statement: This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the safe harbor created by such sections. Such forward-looking statements include, without limitation, statements regarding the Crown Jewel claim and the two new gold targets identified, the King and the Mint; the strength and elemental content of soil samples from the gold anomaly at the Crown Jewel claim and the indication of proximity to a new gold find; the belief that gridding, mapping, and individual permit surveys will result in new drilling targets; the gold content of soil samples taken from the Bonanza claim and the implication that these samples could lead to a gold target; the strength and elemental content of soil samples from the gold anomaly at the Mahtin claim and the implication that its similarity to Red Mountain indicates the presence of gold and the prospect of locating new gold targets; and the notion that identification of and focus upon the discussed new gold targets will yield positive results. Where the company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. Forward-looking statements, however, are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, uncertainty in making estimates in mineralized materials and deposits due to variances in ore grade; increased exploration and drilling costs; gold and other metals price volatility; currency fluctuations; political and operational risks in the countries in which we operate; and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the company�s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to release publicly revisions to any �forward-looking statement� to reflect events or circumstances after the date of this press release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Website: http://www.intlgold.com