IGRU International Gold Resources Inc (CE)

International Gold Resources, Inc. (Pink Sheets:IGRU) announced today that it has appointed John S. Gaensbauer Vice President, Corporate Development. Mr. Gaensbauer has served as an advisor to the Company since November, 2007 when his firm Sierra Partners LLC (�Sierra�) was retained by the Company to provide strategic finance and business planning advice to the Company. Company President and Chief Executive Officer, Robert L. Dumont said, �We are very pleased to have John making an even greater commitment to IGR by agreeing to serve as our Vice President, Corporate Development. John has an extensive background in international mining and natural resources transactions and finance and we look forward to his continued contributions to the advancement or our gold and manganese assets. Through John, IGR will remain associated with Sierra Partners and we expect to continue to benefit from Sierra�s broad industry contacts and experience going forward.� Additional Information About Mr. Gaensbauer Prior to joining Sierra Partners, Mr. Gaensbauer served as Group Executive, Investor Relations for Newmont Mining Corporation, one of the world�s largest gold companies, where he was responsible for the development and coordination of Newmont�s global investor relations strategy. Prior to that, Mr. Gaensbauer served as in-house counsel to Newmont, managing legal affairs and transactions for Newmont�s West African, Central Asian and European operations. Mr. Gaensbauer also served as U.S. in-house counsel for Newmont�s Treasury Group and Newmont Capital (now Franco-Nevada Corporation), Newmont�s in-house merchant banking unit. In that capacity, Mr. Gaensbauer played key roles in several, significant sales, acquisition, and financing transactions, including serving as co-negotiator (with Sierra�s founder, W. Durand �Randy� Eppler) and principle author of Newmont�s long-term fiscal stability agreement with the Government of the Republic of Ghana, which was unanimously approved by Ghana�s Parliament on December 18, 2003. Prior to joining Newmont, Mr. Gaensbauer practiced corporate and transactional law in the Business and Finance Group of Ballard Spahr Andrews & Ingersoll, LLP. Mr. Gaensbauer holds a Bachelor of Arts degree from Cornell University, a Juris Doctorate from the University of Denver, College of Law, where he graduated Order of St. Ives, and a Masters in Finance from the University of Denver, Daniels College of Business. 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 and manganese exploration and development companies in the world. 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; and statements regarding the Vice President, Corporate Development�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. For further information, please contact: Mr. John S. Gaensbauer (Vice President, Corporate Development): 720-496-4160 and 1-800-480-9008 (U.S. only). Website: http://www.intlgold.com