Montoro Revisits "Orbit-Crackingstone", Uranium City, Sask.
September 22 2011 - 9:00AM
Marketwired Canada
International Montoro Resources Inc. (TSX VENTURE:IMT)(PINK
SHEETS:IMTFF)(FRANKFURT:O4T) ("Montoro", the "Company" or "IMT") and its 50%
j.v. partner, Belmont Resources Inc. (TSX VENTURE:BEA) have returned to the
Orbit-Crackingstone property (12,091 ha) to conduct a further sampling program.
Objective of the Sampling Program
The objective of the sampling program is to collect representative channel
samples from the radiometric anomalies identified as Targets "A", "B", "C" and
"D". These samples will be analyzed for uranium, thorium, light and heavy rare
earth elements, multi-elements and for whole rock analysis.
Airborne radiometric, electromagnetic and magnetic surveys were conducted on the
Orbit Lake and Crackingstone properties in 2007-2008 by Aeroquest International
Limited and MPX Geophysics Ltd.
The airborne radiometric survey outlined several significant NE linear
radiometric (U) anomalies. Three of the radiometric anomalies transect the
property from the southwest corner at Orbit Bay to the northeast corner of the
claim group at Orbit Lake.
Orbit Lake Property
Orbit Lake Radiometric Anomaly - Target A:
This anomaly trends northeast for over 3 km along the northwest shores of Orbit
Lake on the NE portion of the Orbit property and is located 1.5 km up-strike
from a uranium bearing showing located at the northeast end of Augier Lake. Both
the Augier Lake showing and the Orbit west shore radiometric anomaly is located
on the west side of the prominent NE trending Orbit Fault.
Orbit Uranium Developments Limited ("OUDL") investigated a radioactive pegmatite
north of Augier Lake, near the southwest end of Orbit Lake. Colin S. Johnson
reported for OUDL in 1952 a pegmatite ranging in width from 20 to 50 feet wide
with plentiful uranium staining everywhere "with good Geiger kicks". He also
reports on an Augier Lake showing a 300 pound sample assaying 0.69% U3O8. The
Augier Lake showing was drill tested for 300 feet and averaged 0.336% U3O8 over
2.6 feet. The Augier Lake showing forms part of the south-westerly extension of
the strong radiometric anomaly located along the northwest shores of Orbit Lake.
Orbit Bay Radiometric Anomaly - Targets "B"
A prominent radiometric anomaly is located in the southwest portion of the
property 200 to 300 meters northwest of Orbit Bay. The northwest anomaly has a
strike length of approximately 2 km and is located between Orbit Bay to the
south and Triangle Lake to the north. OUDL sampled a showing in the same
vicinity of the anomaly detected in the recent survey. OUDL reported in 1952 in
a report by Colin S. Johnson representative samples over a width of 75 feet
assaying 0.2% to 0.5% U3O8. This showing was described by Johnson (1951) as
being contained in a pegmatite similar to that reported on the northwest shores
of Orbit Lake. Johnson also reported samples taken from shear zones to the east
assaying from 2.42% to 26.24% U3O8.
Orbit Bay East Radiometric Anomaly - Target "C"
A third strong radiometric anomaly was located in the airborne survey on the
east shores of Orbit Bay, which will also be followed up. The east, northeast
radiometric anomaly has a projected strike length of over 3 km trending
northeast from the north shores of Lake Athabasca.
Crackingstone Property
Spot Lake Radiometric Anomaly - Target "D"
A fourth target "D" was selected for sampling located southeast of Spot Lake on
the Crackingstone property on claim #S-108022. The airborne survey also
identified a strong NE trending radiometric anomaly between the Spot Lake and
Chance Lake fault. Historical exploration and more recent work by the above
mentioned JV partners has confirmed uranium mineralization in NE and NW trending
lineaments. The northeast end of this anomaly trend is host to the former
Rix-Smitty Uranium Mine which was hosted in a NW striking structure. The
proposed sampling site at this target is in a NW and NE structure.
This press release has been reviewed and approved by Raymond A. Bernatchez,
P.Eng., Consulting Geologist, and a qualified person as defined in NI 43-101.
About International Montoro Resources Inc.
Montoro recently acquired a 100% interest in 12 mineral claims prospective for
Rare Earth Elements, in 2 separate claim blocks covering 11,500 acres (4,654
ha), in the new Tacheeda Lake camp and Carbo area. Montoro holds a 100% interest
in 5,604 acres (2,268 ha , 5 claims - the Chuchinka property) contiguous to and
adjoining the Wicheeda, a recently reported Rare Earth discovery northeast of
Prince George, B.C. Montoro is also focused on advancing its 100% optioned
Elliot Lake uranium/REE project in northern Ontario. In addition the Company
will continue the development with Belmont Resources Inc. (50/50) of its
Crackingstone - 2,.427 acres (982 ha) and Orbit -27,450 acres (11,109 ha)
uranium properties in the Uranium City District - Northern Saskatchewan. The
Company also holds two claim blocks (50/50 with Belmont) in the Central Mineral
Belt in Labrador. The Companies have recently optioned one claim block to Rare
Earth Metals Inc. (TSX.V: RA) in the historical Letitia Lake-Red Wine rare earth
metals camp of west-central Labrador.
For further information contact Ethos Consulting Ltd. (Investor Relations) at
1-888-818-1365 or phone the Company at 604-683-6648. Also visit the Company
website at www.MontoroResources.com and watch the Smartstox interview with
President Gary Musil (www.smartstox.com/interviews/imt).
ON BEHALF OF THE BOARD OF DIRECTORS,
Gary Musil, President, CEO/Director
The statements used in this Press Release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Companies forward-looking statements and
expectations.
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