IGR Announces New Management, New Board and Yukon Development

International Gold Resources, Inc. (Pink Sheets:IGRU) provided an update today on its Board Members and Management team as well as its Yukon Development Activities.

Mr. Gonzalo Torres Macchiavello has been named CEO of IGR and Mr. Lyle Durham will serve as President of the Company. Mr. Torres Macchiavello has extensive international managerial experience in energy, mining and large infrastructural projects while Mr. Durham has experience in the development of junior companies. Mr. Torres Macchiavello has also become a Board member of the company.

Mr. Richard M. Clyne has joined IGR’s Board. Mr. Clyne has considerable experience in large contract negotiations, including joint ventures and partnering agreements. He currently has a private practice providing negotiating services to a Fortune 20 company.

Mr. Lyle Durham will continue to serve as Board member.

Mr. David H. Francisco resigned from his position as a member of the IGR Board, effective June 2, 2009.

Development Activities:

International Gold Resources (IGR) and Ryanwood Exploration have entered into an agreement for further exploration and potential development of the Bonanza and King Solomon (formerly Crown Jewel) properties situated in the Dawson Mining District of the Yukon Territory. The agreement provides IGR an option to acquire an undivided 100% right, title and interest to both properties from Ryanwood, in exchange for certain cash payments, stock participation and potential future royalties in the event production occurs. The encouraging exploration results to date, as well as both properties’ proximity to the recent significant Underworld Resources gold ore discovery, led to IGR’s decision to increase its control of these targets and to accelerate exploration activities in this promising area.

About International Gold Resources:

The vision of International Gold Resources, Inc. is to become recognized as one of the world’s premier early stage mineral exploration companies.

This news release contains “forward-looking statements” within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include statements that relate to government mining permit approvals, the intention and ability to protect the Company’s legal rights to its assets in Brazil, the ability to retain future rights to the Cupixi licenses or identify financial or other partners for the Company’s Cupixi or Yukon projects and the ability of the Company to obtain additional opportunities in gold. Factors that could cause actual results to differ materially from these forward-looking statements include, among others: the uncertainty of operating in foreign countries; the volatility of mineral prices; potential operating risks of mining, development, and exploration; environmental and governmental proceedings, regulations, and permits, including the mining license approval process and outcome; changes in applicable laws, regulations, or legal requirements pertaining to the Cupixi Project, the Company, and/or its affiliates; availability of financing; force majeure events; and other risk factors as described from time to time in the Company’s filings with the Securities and Exchange Commission. These factors are often beyond the Company’s ability to control or predict.