International KRL Resources Corp.

Published : September 18th, 2007

Option Their Turn River Uranium-Nickel Project to Lo

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Keywords :   Canada | Nickel | Uranium |
======================================================================
Re: News - Tuesday, September 18, 2007
International KRL Resources and Logan Resources Option Their Turn
River Uranium-Nickel Project to Longview Capital Partners
======================================================================

Vancouver, BC -- Tuesday, September 18, 2007 -- International KRL
Resources Corp. (TSXV:IRK) and Logan Resources Ltd. (TSXV:LGR) are
pleased to announce that they have signed an agreement with Longview
Capital Partners Incorporated (TSXV:LV) granting Longview Capital
Partners the option to earn a 50% interest in their Turn River
uranium-nickel project in the Yukon for CDN$15 million in staged
exploration expenditures.

The project has considerable potential for uranium and nickel, with a
significant land package consisting of 3,531 claims over twelve
independent blocks, covering 743 square kilometres (183,567 acres).
The property is located approximately 95 km northeast of Whitehorse and
may be serviced from the Canol Road. The highest known uranium silt
geochemical values in the Yukon are found in the Cassiar Plateau
region. The uranium silt geochemical values from Turn River sampling
are consistently high, with significant values of up to 291 ppm, which
is 21 times higher than the 95th percentile (13.6 ppm) for uranium silt
geochemical samples in the Yukon. In addition, a 2003 regional stream
geochemical survey conducted by the Geological Survey of Canada on the
property returned values up to 545 ppm nickel which are coincident with
an ultramafic intrusive package. The elevated nickel values as well as
the coincident ultramafic intrusive package make this a prime target
area for nickel exploration.

Longview Capital Partners has assigned its option to It's Your Nickel
Exploration Ltd., a private company partially owned by Longview
Capital. If, as currently planned, It's Your Nickel Exploration spends
$2 million in year 1, $2 million in year 2, $3 million in year 3 and $4
million in years 4 and 5 for a total of $15 million, then It's Your
Nickel Exploration will own 50% of the Turn River Project and both
International KRL Resources and Logan Resources would own 25%
respectively. The Agreement is subject to the acceptance of the TSX
Venture Exchange.

Seamus Young, President & CEO of both International KRL and Logan said,
"We are delighted to have advanced the project to the next level by
partnering with Longview Capital Partners, who have a very successful
track record for building strong companies. Their newly created It's
Your Nickel Exploration Ltd. has started its corporate life with an
option on an enviable property position for any exploration company."

Michael Sanguinetti, P.Eng, Consulting Geologist, is the Qualified
Person responsible for the technical content of this news release.

On Behalf of the Board of International KRL Resources Corp. & Logan
Resources Ltd.

"Seamus Young"
--------------------
Seamus Young
President and CEO


For more information on International KRL Resources Corp, please visit
our website at www.krl.net, or call the Company at (604) 689 - 0299.

For more information on Logan Resources Ltd, please visit our website
at www.loganresources.ca, or call the Company at (604) 689 - 0299.

Statements in this news release, other than purely historical
information, including statements relating to the Company's future
plans and objectives or expected results, constitute Forward-looking
statements. Such statements are based on numerous assumptions and are
subject to all the risks and uncertainties inherent in the Company's
business, including risks related to mineral exploration and
development. Consequently, actual results may vary materially from
those described in the forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the
adequacy and accuracy of this release.

======================================================================
Copyright (c) 2007 LOGAN RESOURCES LTD. (LGR) All rights reserved.
For more information visit our website at http://www.loganresources.ca/
or send mailto:info@loganresources.ca
Message sent on Tue Sep 18, 2007 at 6:11:49 AM Pacific Time
======================================================================
.
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

International KRL Resources Corp.

EXPLORATION STAGE
CODE : IRK.V
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International KRL Res. is a zinc and lead exploration company based in Canada.

International KRL Res. holds various exploration projects in Canada.

Its main exploration properties are COPPER HILL, COPPER HILL, DECKER, WOLF PROPERTY, BEAR RIVER, NOR (IOCG), TIM/WOLF, CASSIAR PLATEAU, CLUFF LAKE (CARSWELL) and U CLAIMS URANIUM PROJECT in Canada.

International KRL Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.0 millions as of today (US$ 1.0 millions, € 673 729).

Its stock quote reached its highest recent level on December 31, 2002 at CA$ 1.05, and its lowest recent point on December 04, 2009 at CA$ 0.01.

International KRL Res. has 66 940 000 shares outstanding.

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Financings of International KRL Resources Corp.
9/25/2009Private Placement Closed
8/20/2009First Tranche of Private Placement Closed
6/12/2009Announces $150,000 Private Placement
Option Grants of International KRL Resources Corp.
3/13/2008Grants Stock Options
Nominations of International KRL Resources Corp.
8/7/2009Announces Appointment of Director
Project news of International KRL Resources Corp.
2/4/2009(Nor (iocg))Provides Update on Nor IOCG Project, Yukon
8/20/2008(Cluff Lake (carswell))Sign Agreement for Cluff Lake Area Property, in the West Ath...
5/7/2008(Wolf Property) Provides Update on Wolf Project
2/6/2008(Nor (iocg)) Intersects Copper And Maps Uranium Structure At Nor IOCG Pr...
5/12/2005(Nor (iocg))2005 Technical report
Corporate news of International KRL Resources Corp.
11/23/2009Announces Change of Directorship
10/26/2009Shareholders approve share consolidation
8/24/2009Announces Change of Chief Financial Officer
7/20/2009Announces Resignation of Director
3/11/2008International KRL Resources to Begin Drilling Ag-Pb-Zn Targe...
11/12/2008Announces Resignation of Director
6/19/2008 Provide Update on Turn River U-Ni Project
6/18/2008Files Form 15F to Voluntarily Terminate Reporting Obligation...
5/28/2008acquires gold project in Quebec
4/9/2008Drilling Underway At International Krl Resources' Wolf Prope...
2/28/2008 Retains Investor Relations Service Provider
9/27/2007Options Lead-Zinc-Silver Project; Plans Fall 2007 Diamond Dr...
9/18/2007Option Their Turn River Uranium-Nickel Project to Lo
9/10/2007Reports Assays From 1.30% to 5.54% U from Nor; Wraps Diamond...
9/7/2007Ltd. Announce the Resignation of Michael Hibbi
8/1/2007 and Logan Resources Stake Additional Ground Prospective for...
7/26/2007Discovers New Uranium Showings at the Nor IOCG Project, Yuko...
7/5/2007Drill Program At Nor Proceeding Successfully
5/31/2007Advised of Exploration Progress by Golden Harp Resources at ...
5/8/2007Outlines 2007 Exploration Program For NOR IOCG Project in th...
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