News: International Montoro Completes Airborne Survey Over Tacheeda Lake Rare Earth Prospect

354 views

Published on

International Montoro Resources Inc. (“Montoro”) (TSX-V: IMT) 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

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
354
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

News: International Montoro Completes Airborne Survey Over Tacheeda Lake Rare Earth Prospect

  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 COMPLETES AIRBORNE SURVEY OVER TACHEEDA LAKE RARE EARTH ELEMENT PROSPECTOctober 13, 2011, Vancouver, BC, Canada - International Montoro Resources Inc. (“Montoro”) (TSX-V:IMT) Aeroquest International Ltd. has completed approximately 989 line kilometers of a magnetic andradiometric 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 SpectrumMining Corp. The Spectrum claims were believed to cover a buried carbonatite (Cominco 1986, TacheedaLake).The AeroMAG (Gradient Magnetic & Radiometric) system is ideal for its superior ability to contour in northernBC‟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 andprioritizing rare earth element and other mineral targets for upcoming sampling, trenching and drill targets. TheCompany is awaiting the receipt of the survey data from Aeroquest. Once processing is completed we willimmediately arrange for the data to be interpreted by an independent geophysical expert in order to prioritizefurther 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 inthe area to over 7,580 hectares (18,730 acres) and contains a 93.41 hectare (231 acre) claim called “Quite theLittle Pit” that previously produced limestone.This press release has been reviewed and approved by Neil McCallum, P.Geo., a qualified person as defined inNI 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 andsurrounding its Tacheeda Lake claims. Montoro owns a 100% interest in 12 mineral claims prospective forRare Earth Elements, in 2 separate claim blocks covering 11,500 acres (4,654 ha), in the new Tacheeda Lakecamp and Carbo area. Montoro also holds a 100% interest in 5,604 acres (2,268 ha , 5 claims – the Chuchinkaproperty) 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.
  2. 2. 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 – NorthernSaskatchewan. The Company also holds two claim blocks (50/50 with Belmont) in the Central Mineral Belt inLabrador, one of which is located in the historical Letitia Lake-Red Wine rare earth metals camp of west-centralLabrador.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 www.MontoroResources.com and watch theSmartstox interview with President Gary Musil (www.smartstox.com/interviews/imt).ON 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 policiesof the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Thestatements used in this Press Release may contain forward-looking statements that may involve a number ofrisks and uncertainties. Actual events or results could differ materially from the Companies forward-lookingstatements and expectations.

×