Montoro Completes Airborne Survey Over Tacheeda Lake Rare Earth Element Prospect
October 13 2011 - 9:00AM
Marketwired
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.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Ethos Consulting Ltd. Investor Relations
1-888-818-1365 International Montoro Resources Inc. Gary Musil
President, CEO/Director 604-683-6648 604-683-1350
(FAX)www.MontoroResources.com
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