International Frontier Resources Corporation


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News Releases

Jan 05, 2006

Northwest Territories drilling program commences

International Frontier Resources Corporation ("IFR" TSX-V) reports the Company has increased its interest from 4.6% to 7.5% in the Husky et al Stewart D-57 (formerly Tehwa D-57) exploratory wildcat well located in the Central Mackenzie Valley, Northwest Territories. The D-57 well is targeting a total depth of 3100 meters (9,920 feet) the well will evaluate multiple objectives. The operator, Husky Oil Operations Limited., anticipates drilling operations will commence the week of January 16, 2006.

A second well in this winters NWT drilling program, Husky et al Summit Creek K-44 appraisal-exploration well, is scheduled to spud on January 25th, 2006. The K-44 well will appraise the Devonian Formation encountered in the Summit Creek B-44 discovery well. In March 2005 the B-44 well was production tested in two intervals yielding a combined production rate of approximately 10,000 barrels of oil equivalent per day (10,000 BOEPD). The K-44 well will also evaluate a deeper exploration target in the Ordovician Formation. The well, which is targeting a total depth of 3615 meters (11,520 feet), is located approximately 35 kms northwest of Stewart D-57 and 1.4 kms north of the Summit Creek B-44 discovery well.

The Company also reported today the issuance of 150,000 common shares under the Company's stock option plan. The stock options are exercisable at $1.95 per share for a period of five years.

For additional information visit www.internationalfrontier.com or contact;

Pat Boswell
403 215-2781

- or -
Mark Powell
VP Exploration
403 215-2783

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release. This news release is not intended 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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