International Frontier Resources Corporation
International Frontier Resources: Drilling Completed on NWT Exploration Well
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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Drilling Completed on NWT Exploration Well
CALGARY, AB, March 22, 2004 – International Frontier Resources (TSX-V:IFR)
The Company reported today that the Summit Creek B-44 exploratory wildcat well
on the Wilma prospect located in the Central Mackenzie Valley, Northwest
Territories has been drilled to total depth of 3035 meters, logged and drill
stem tested. Currently casing is being run to total depth, upon completion of
this operation the drilling rig will be released and transported south to
Alberta on the winter road.
The Company also reported today that TSX approval was received on March 10, 2004
for a private placement of 60,000 shares at $0.60 per share, the shares will be
subject to a four month hold period. The private placement was purchased by
Exploration Geosciences Ltd., the Company’s geo-technical advisors in the
Northwest Territories.
The Company has advised the Berlin-Bremen Stock Exchange to de-list its shares
prior to March 30, 2004.
For additional information visit the Company’s website at
http://www.internationalfrontier.com or contact:
PAT BOSWELL ______
President ______ ______
403 215-2780 ______
MARK POWELL
VP Exploration ______ ______ ______
403 215-2783 ______
end of message, (c)DGAP 23.03.2004
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WKN: A0BLKT; ISIN: CA4599761067; Index:
Listed: Freiverkehr in Berlin
231550 Mär 04
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