International KRL Resources to begin drilling Ag-Pb-Zn target

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[{"type":"text","content":"\n\n\n\nVANCOUVER, March 11 /CNW/ - International KRL Resources Corp. (the\n"Company") (TSXV:IRK) today is pleased to announce that it has secured a\ndiamond drill contract for its Wolf project; a silver-lead-zinc target in the\nsouthern Yukon Territory, 75 km west of Watson Lake. The property is road\naccessible and site preparation has begun for the pending drill program;\nexpected to begin in the next few days. International KRL has an option to\nearn a 60% interest in the Wolf project from Tarsis Capital Corp. (TSXV: TCC)\n(see news release dated September 27, 2007).\n\n\nThe drill target is a previously untested induced polarization (IP)\ngeophysical anomaly. The IP anomaly is made up of two parts, a large anomaly\nindicative of a large buried sulphide body (at an estimated depth of 100 m and\nup to 500 m wide) and a narrow coeval anomaly associated with the known\nmineralization on the property. The known mineralization consists of an oxide\nzone up to 30 m wide, which returned 4 m of 352.4 g/t Ag and 9.12% Pb in a\ntrench. Grab samples of oxide mineralization from another trench returned\n1248.1 g/t Ag and 49.5% Pb and 978.7 g/t Ag and 32.0% Pb. The narrow anomaly\nover the known mineralization indicates potentially wider zones of un-oxidized\n(fresh) sulphides at depths of 50 m to 100 m. The entire anomaly indicates\npotential for a large volume of sulphides in a zone at least 1700 m long and\nup to 500 m wide.\n\n\nThe exploration model for the Wolf property is a high-grade\nsilver-lead-zinc, manto-type, carbonate-hosted, replacement mineralization\nlike the nearby Silvertip deposit. At Silvertip the mineralization occurs in\nchannels reflected at Wolf by the narrow IP anomaly. The large IP anomaly at\nWolf is interpreted to indicate the 'chimney' zone often responsible for the\nbulk of the mineralization in a manto-type deposit.\n\n\nThe planned first phase of drilling consists of 1,500 m of HQ diamond\ndrill core and has been guaranteed by the contractor; DJ Drilling Ltd. DJ\nDrilling Ltd. is a sought after drill company that has modern equipment,\nexperienced crews and a long-standing working relationship with International\nKRL. International KRL has also been granted the first right of refusal to\nrenew the contract for the remainder of 2008.\n\n\nJ. L. LeBel, P. Eng, Consulting Geophysist, is the Qualifi...

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