Jan 19, 2004
Drilling Begins on Exploration Well in the Northwest Territories
CALGARY, AB, January 19, 2004 - International Frontier Resources (TSX-V:IFR) today announced that the Northrock Resources et al Summit Creek B-44 well commenced drilling on January 18, 2004. The exploratory wildcat well will be drilled to a total depth of 3,035 meters (10,000 feet). Other participants in the well are EOG Resources Canada Inc., Husky Oil Operations Limited and Pacific Rodera Ventures Inc.
The company also reported today that TSX Venture Exchange approval was received for the issuance of 538,916 flow through shares at $0.60 per share. The shares are restricted from trading until May 14, 2004.
International Frontier Resources Corporation is a junior oil & gas company listed on the TSX Venture Exchange trading under the symbol IFR, and on the Berlin-Bremen Stock Exchange under the symbol IF9. The Company holds varying interests in 1 million gross acres in the Central Mackenzie Valley, Northwest Territories and also holds the Canadian rights to SIDOX(tm), an oil production enhancement technology.
For additional information visit the Company's website at www.internationalfrontier.com or contact:
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release. The Berlin-Bremen Stock Exchange has not reviewed and does not accept responsibility for the contents of this news release. This news release is not for distribution to US news wire services or for dissemination in the United States and does not constitute an offer of the securities described herein.
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