News Release: International Montoro - Tacheeda Lake Preliminary Airborne Results

361 views

Published on

Published in: Investor Relations
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
361
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 Release: International Montoro - Tacheeda Lake Preliminary Airborne Results

  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 RECEIVES PRELIMINARY AIRBORNE SURVEY RESULTS ON TACHEEDA LAKE, NORTHEAST OF PRINCE GEORGE, B.C.Vancouver, B.C. Canada, January 12, 2012 – International Montoro Resources Inc. (“Montoro”, the“Company” or “IMT”) completed approximately 989 line kilometers of a AeroMAG magnetic and radiometricairborne geophysical survey over its Tacheeda Lake Rare Earth Elements prospect located in ‘The RockyMountain Rare Metal Belt’ of northern British Columbia and surrounding claims held by Spectrum MiningCorp. The Spectrum claims were believed to cover a buried carbonatite (Cominco 1986, Tacheeda Lake).The preliminary results of the survey received from Aeroquest Airborne have identified several coincidentradiometric and magnetic anomalies on the property which are considered to be high priority for follow-upsampling programs. The magnetic component of the survey further defined the strong magnetic anomaly onSpectrum Mining Corp’s ground, as well as other magnetic features extending from this feature onto theTacheeda Property.The data will be forwarded for final interpretation to assist in identifying and prioritizing rare earth element andother mineral targets for upcoming sampling, trenching and drill targets. The preliminary data will be posted onour website at www.montororesources.com - Tacheeda Lake property pageThis press release has been reviewed and approved by Neil McCallum, P.Geo., an independent qualified personas defined in NI 43-101.OTHERThe Company has granted 200,000 incentive stock options to consultants under its Stock Option Plan for aperiod of three years at a price of $0.10. All securities issued are subject to regulatory approvals and theCompany’s Stock Option Plan.About International Montoro Resources Inc.Rocky Mountain Rare Metal Belt:Montoro recently acquired through staking 1,404 ha – 4 claims. Montoro now owns 31,149 acres (12,605.73 ha – 32 claims, one ofthe largest holders in the belt. Montoro’s most advanced block, is its 100% interest in 5,604 acres (2,268 ha , 5 claims – theChuchinka property) contiguous to and adjoining the Wicheeda, a recently reported Rare Earth Element discovery, northeast of PrinceGeorge, B.C.Elliot Lake, Ontario:Montoro is also focused on advancing its 100% owned Elliot Lake uranium/REE project in northern Ontario. The Company is alsofurther investigating a very positive interpretation of a large airborne anomaly, near Pecors Lake in the northwest corner of ourSerpent River property. The dimensions of the entire inversion block are estimated at 7.8 km EW x 3.45 km NS and 2.025 km fromsurface.
  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 – Northern Saskatchewan. The Company also holds twoclaim blocks (50/50 with Belmont) in the Central Mineral Belt in Labrador, one of which is located in the historical Letitia Lake-RedWine rare earth metals camp of west-central Labrador.For further information contact the Company at 604-683-6648. Also visit the Company website atwww.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”Gary Musil, PresidentCEO/DirectorNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of this release. The statements used in this Press Release may containforward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially fromthe Companies forward-looking statements and expectations.

×