International Gold Resources, Inc. Announces the Discovery of Several New Gold Targets at Its Bonanza and Crown Jewel Claim Area

  
    
  
  
    
      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