Montoro Completes Airborne Survey Over Tacheeda Lake Rare Earth Element Prospect
October 13 2011 - 9:00AM
Marketwired Canada
International Montoro Resources Inc. ("Montoro") (TSX VENTURE:IMT)(PINK
SHEETS:IMTFF)(FRANKFURT:O4T) Aeroquest International Ltd. has completed
approximately 989 line kilometers of a magnetic and radiometric airborne
geophysical survey over Montoro's Tacheeda Lake Rare Earth Element prospect
located in "The Rocky Mountain Rare Metal Belt" of northern British Columbia,
and surrounding claims held by Spectrum Mining Corp. The Spectrum claims were
believed to cover a buried carbonatite (Cominco 1986, Tacheeda Lake).
The AeroMAG (Gradient Magnetic & Radiometric) system is ideal for its superior
ability to contour in northern BC's rugged terrain. The tight 50 meter line
spacing flown should further enhance the results.
Montoro's President and CEO, Gary Musil, stated, "This airborne survey will
assist in identifying and prioritizing rare earth element and other mineral
targets for upcoming sampling, trenching and drill targets. The Company is
awaiting the receipt of the survey data from Aeroquest. Once processing is
completed we will immediately arrange for the data to be interpreted by an
independent geophysical expert in order to prioritize further exploration work."
Montoro recently entered into an agreement to acquire an additional 11 claims
-4,278.52 hectares (the "Rocky" group) adjoining and surrounding its Tacheeda
Lake claims. This acquisition more than doubles its holdings in the area to over
7,580 hectares (18,730 acres) and contains a 93.41 hectare (231 acre) claim
called "Quite the Little Pit" that previously produced limestone.
This press release has been reviewed and approved by Neil McCallum, P.Geo., a
qualified person as defined in NI 43-101.
About International Montoro Resources Inc.
Rocky Mountain Rare Metal Belt:
Montoro recently acquired an additional 11 claims -4,278.52 hectares (the
"Rocky" group) adjoining and surrounding its Tacheeda Lake claims. Montoro owns
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 also 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 Element discovery, northeast of Prince George,
B.C.
Elliot Lake, Ontario:
Montoro is also focused on advancing its 100% owned Elliot Lake uranium/REE
project in northern Ontario.
Saskatchewan & Labrador:
Montoro 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, one of which is located in the historical Letitia Lake-Red Wine rare
earth metals camp of west-central Labrador.
For further information 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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