BELMONT & MGX MINERALS RECEIVE ENCOURAGING ASSAYS UP TO 580 PPM LITHIUM IN FI...
NEWS (IMT-TSXV) (IMTFF-U.S.) Montoro mobilizies drill to test "P
1. #600-625 Howe Street TSX.V: IMT
Vancouver, B.C. V6C 2T6 Email : montoro@telus.net
Ph. (604) 683-6648 Website: www.MontoroResources.com
Fax: (604) 683-1350
MONTORO MOBILIZING FOR DRILLING & REVIEWS PECORS
March 24, 2015 – International Montoro Resources Inc. (TSX.V: IMT), (the “Company” or “Montoro”).
The Company has been informed by Orbit Garant Drilling Services Inc. of Val D’Or, Quebec that they
anticipate mobilizing for the drilling program this week. Dan Patrie Exploration has cleared a site area for the
first drill hole and a helicopter pad.
The drill rig, materials and crew will be transported by helicopter from the Elliot Lake airport about 9 km to the
Pecors Anomaly drill site.
The Pecors Magnetic Anomaly was first identified on provincial series total magnetic field maps published by
the Ministry of Northern Development and Mines (MNDM) and it was coincident with a bouger gravity
anomaly identified on the provincial series gravity maps.
In 2007, Montoro carried out a detailed VTEM and Magnetic survey of the area as part of an exploration
program targeted on uranium mineralization in the Huronian sediments. This work outlined the previously
identified magnetic anomaly in greater detail and subsequently the company commissioned L.E. Reed
Geophysical, to prepare a 3D model of the VTEM survey data which outlined an inversion model of the
anomaly that produced a block area with dimensions of approx. 7.5 km x3.5 km, containing a NNW plunging
magnetic body whose upper surface rose to approximately 300 - 400 meters below the present topographic
surface. Montoro also relocated the position of several historic drill holes in the area that were drilled in 1959.
Two of these holes encountered basement rocks at depths of 2001 feet (610 meters), and 1640 feet (499 meters)
which consisted of diabasic textured greenstone containing disseminated pyrrhotite, pyrite and chalcopyrite and
which provided some additional corroboration with the 3D representation of the anomaly and suggested that the
source of the anomaly resided in the older underlying Archean basement rocks.
In 2010 the MNDM released the results of a lake sediment geochemical survey covering the area which
outlined a Cu – Ni anomaly proximal to the magnetic anomaly. For further detail review ‘Lake Sediment
Geochemical Survey, Ontario Geological Survey, Open file report 6251’. They suggested that one possible
source for the lake sediment anomaly was leakage from a buried mafic – ultramafic body. See Powerpoint:
http://ow.ly/KI0hD
States Montoro President and CEO Gary Musil: “We are very excited to finally commence drill testing this
magnetic anomaly containing possible Ni-Cu mineralization by an initial vertical hole to a depth of 1,000+
meters (1 km). We will be attentive to log traditional Elliot Lake style uranium (and REE) mineralization in
the overlying Huronian sediments as the hole progresses to its target depth. We have detailed a graphic view of
2. the approximate location of drill hole #1 positioned on a vertical section of L.E. Reed’s 3D Magnetic Inversion
Model and interpretation.” Figure 1 http://ow.ly/KI0vC and Figure 2 http://ow.ly/KI0AC
This news release has been reviewed and approved by Don Hawke, MSc., P.Geo. Consulting geologist and a
qualified person as defined in NI 43-101.
About International Montoro Resources Inc.
Montoro is focused on advancing its 100% owned Serpent River - Elliot Lake, Northern Ontario, Uranium/REE project & Pecors
magnetic anomaly – potential Ni-Cu. The property comprises 10 mineral claims (115 units) approx. 1,840 ha.
Montoro holds a 100% interest in 5,604 acres (2,268 ha, 5 claims – the Chuchinka property) contiguous to and adjoining the
Wicheeda, a previously reported Rare Earth discovery, northeast of Prince George, B.C. Montoro also holds a 100% interest in 3
mineral claims (160 ha) in the Tacheeda Lake camp. This property was previously a producing site of limestone ballast used during
the construction of the B.C. Northern railway.
In addition the Company 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.
For further information contact the Company at 604-683-6648. Also visit the Company website at www.MontoroResources.com
ON BEHALF OF THE BOARD OF DIRECTORS
“Gary Musil”
Gary Musil, President
CEO/Director
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.
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.