IGRU International Gold Resources Inc (CE)

International Gold Resources, Inc. (Pink Sheets:IGRU) today announced an update on its Cupixi Mining License application and the appointment of Nathan M. Longenecker as the Company�s Vice President, General Counsel and Secretary. Update on Cupixi Mining License International Gold Resources, Inc. (�IGR�) President and Chief Executive Officer Robert L. Dumont recently returned from Brazil where he visited the Company�s exploration properties and met with the Regional Director of the Departamento Nacional de Producao Mineral (�DNPM�) and other senior government officials regarding the status of the Company�s Cupixi Mining License application filed in October 2007. Mr. Dumont commented, �I return from Brazil very encouraged by the quality of our Brazilian assets, employees and contractors, and the support for IGR and its mining license from the Brazilian Government. The DNPM has asked that we address some minor technical comments to our original license submission. That work is already underway and I expect it will take us approximately 60 days to complete. Based on my meetings with the DNPM and other senior government officials, I believe we continue to have a clear path to receiving our license in the near term.� Mr. Dumont went on to say, �I also toured each of our exploration properties and continue to be very excited by our Cupixi manganese project as well as our gold properties at Cupixi, Lourenco, Cassipore and Cachoeira. As we discussed on our investor conference call, we are nearing completion of our comprehensive data review on our Brazilian gold properties and expect to release that information as well as results of our 2007 Yukon exploration program shortly.� Appointment of Mr. Longenecker Finally, the Company has appointed, on a part-time basis, Nathan M. Longenecker as the Company�s Vice President, General Counsel and Secretary. Mr. Longenecker is a founding partner of Temkin Wielga Hardt & Longenecker LLP, a Denver-based law firm with particular expertise in representing clients in the natural resource industry in both domestic and international matters. Mr. Longenecker grew up in Edmonton, Alberta, Canada. He received his undergraduate degree from Colorado College in 1990 and his Juris Doctorate degree from the University of San Diego School of Law in 1994 where he was a member of the Order of the Coif and the San Diego Law Review. He is a member of the Bar of the Courts of Colorado and the Ninth Circuit and Tenth Circuit Courts of Appeals. Prior to co-founding Temkin Wielga Hardt & Longenecker LLP in 1999, Mr. Longenecker practiced law at the national law firms Dorsey & Whitney LLP and Ballard Spahr Andrews & Ingersoll LLP. Mr. Dumont said, �I am extremely pleased that Nathan has agreed to join IGR. His background and significant experience representing multinational resource companies make him a great addition to our team as we progress our asset portfolios and grow our Company.� About International Gold Resources, Inc. The vision of International Gold Resources, Inc. is to maximize shareholder value by becoming recognized as one of the premier early stage gold exploration and development companies. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the safeharbor created by such sections. Such forward-looking statements include, without limitation, statements regarding the company�s future growth potential and asset portfolio; statements regarding obtaining a mining license with respect to our Cupixi project, including but not limited to the likelihood and timing of receiving the license; estimates regarding timing and completion of future potential studies, data reviews, and other exploration activities or results; and statements regarding the Vice President, General Counsel and Secretary�s education and experience being able to produce future success for the Company. Where the company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, gold and other metals price volatility, currency fluctuations, increased exploration and drilling costs; uncertainty in making estimates in mineralized materials and deposits due to variances in ore grade, political and operational risks in the countries in which we operate, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the company�s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to release publicly revisions to any �forward-looking statement,� to reflect events or circumstances after the date of this conference call, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Website: http://www.intlgold.com