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News: International Montoro Resources Inc. (TSXv: IMT)


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News: International Montoro Resources Inc. (TSXv: IMT)

  1. 1. #600-625 Howe Street TSX.V: IMTVancouver, B.C. V6C 2T6 FRANKFURT : O4TPh. (604) 683-6648 OTC: IMTFF.PKFax: (604) 683-1350 MONTORO RETAINS AEROQUEST FOR AIRBORNE SURVEYS OVER BC RARE EARTH PROSPECTSSeptember 8th 2011, Vancouver, BC, Canada - International Montoro Resources Inc. (“Montoro”) (TSX-V: IMT) has retained Aeroquest International Limited to conduct multiple large scale geophysical andradiometric airborne surveys over the highly prospective “Tacheeda NW” and “Chuchinka NW” Rare EarthElement prospects located in „The Rocky Mountain Rare Metal Belt‟of northern British Columbia. Both ofMontoro‟s newly acquired properties are on trend with properties held by Spectrum Mining Corp. (the“Wicheeda” discovery), who announced a 48.64 metre interval which averaged 3.55% REE, a 72.0 metreinterval that averaged 2.92% REE, and a 144 metre interval which averaged 2.20% REE in three separate drillholes.These airborne surveys will assist in identifying and prioritizing Rare Earth Element drill targets for multipleplanned upcoming drill programs. The surveys will consist of approx. 1400 line kilometres and will be flown at50 metre line spacing. The AeroMAG (Gradient & Radiometrics) system is ideal for its superior ability tocontour in northern BC‟s rugged terrain.Montoro‟s President and CEO, Gary Musil, stated “Several significant anomalies have been discovered on ourChuchinka REE property, using airborne geophysical surveys. Our upcoming 2011 surveys will encompass thenewly acquired Tacheeda NW and Chuchinka NW claims. The previous airborne surveys conducted in the areaby numerous other companies (ie. Bolero Resources Corp., Canadian International Minerals Inc., CommerceResources Corp., and Electric Metals Inc.) have all discovered numerous anomalies that have encouragedfurther advancing those projects into successful sampling and drilling programs, as well as additionaldiscoveries of REE zones”.Phase 2 exploration at the “Chuchinka” REE property is now underway and will be focused on defining prioritydrill targets within several anomalies discovered by joint venture partner, Electric Metals Inc. (EMI – TSX.V)through an airborne geophysical survey in 2010. The largest of these targets, measuring over 4 km by 1 km, islocated near the centre of the property and is defined by a broad magnetic low associated with coincidentconductive anomalies. Geochemical sampling of soils and bedrock, together with ground-based geophysics inthe form of precision magnetometer and scintillometer surveying, are being applied to identify the mostprospective portions of this and other REE targets in preparation for drilling.This press release has been reviewed and approved by Neil McCallum, P.Geo. a qualified person as defined inNI 43-101.
  2. 2. About International Montoro Resources Inc.Montoro recently acquired a 100% interest in 12 mineral claims prospective for Rare Earth Elements, in 2 separate claimblocks covering 11,500 acres (4,654 ha), in the new Tacheeda Lake camp and Carbo area. Montoro holds a 100% interestin 5,604 acres (2,268 ha , 5 claims – the Chuchinka property) contiguous to and adjoining the Wicheeda, a recentlyreported Rare Earth discovery, northeast of Prince George, B.C. Montoro is also focused on advancing its 100% optionedElliot Lake uranium/REE project in northern Ontario. In addition the Company will continue the development withBelmont Resources Inc. (50/50) of its Crackingstone – 2,.427 acres (982 ha) and Orbit –27,450 acres (11,109 ha) uraniumproperties in the Uranium City District – Northern Saskatchewan. The Company also holds two claim blocks (50/50 withBelmont) in the Central Mineral Belt in Labrador. The Companies have recently optioned one claim block to Rare EarthMetals 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 theCompany at 604-683-6648. Also visit the Company website at and watch theSmartstox interview with President Gary Musil ( BEHALF OF THE BOARD OF DIRECTORS,“Gary Musil”Gary Musil, PresidentCEO/DirectorNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements used in this PressRelease may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events orresults could differ materially from the Companies forward-looking statements and expectations.