Montoro Retains Aeroquest for Airborne Surveys Over BC Rare Earth Prospects
September 08 2011 - 8:00AM
Marketwired
International Montoro Resources Inc. ("Montoro") (TSX VENTURE:
IMT)(PINK SHEETS: IMTFF)(FRANKFURT: O4T) has retained Aeroquest
International Limited to conduct multiple large scale geophysical
and radiometric airborne surveys over the highly prospective
"Tacheeda NW" and "Chuchinka NW" Rare Earth Element prospects
located in 'The Rocky Mountain Rare Metal Belt' of northern British
Columbia. Both of Montoro'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 metre interval that averaged 2.92% REE, and a 144
metre interval which averaged 2.20% REE in three separate drill
holes.
These airborne surveys will assist in identifying and
prioritizing Rare Earth Element drill targets for multiple planned
upcoming drill programs. The surveys will consist of approx. 1400
line kilometres and will be flown at 50 metre line spacing. The
AeroMAG (Gradient & Radiometrics) system is ideal for its
superior ability to contour in northern BC's rugged terrain.
Montoro's President and CEO, Gary Musil, stated, "Several
significant anomalies have been discovered on our Chuchinka REE
property, using airborne geophysical surveys. Our upcoming 2011
surveys will encompass the newly acquired Tacheeda NW and Chuchinka
NW claims. The previous airborne surveys conducted in the area by
numerous other companies (ie. Bolero Resources Corp., Canadian
International Minerals Inc., Commerce Resources Corp., and Electric
Metals Inc.) have all discovered numerous anomalies that have
encouraged further advancing those projects into successful
sampling and drilling programs, as well as additional discoveries
of REE zones."
Phase 2 exploration at the "Chuchinka" REE property is now
underway and will be focused on defining priority drill targets
within several anomalies discovered by joint venture partner,
Electric Metals Inc., through an airborne geophysical survey in
2010. The largest of these targets, measuring over 4 km by 1 km, is
located near the centre of the property and is defined by a broad
magnetic low associated with coincident conductive anomalies.
Geochemical sampling of soils and bedrock, together with
ground-based geophysics in the form of precision magnetometer and
scintillometer surveying, are being applied to identify the most
prospective 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 in NI 43-101.
About International Montoro Resources Inc.
Montoro recently acquired 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 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 discovery, northeast of
Prince George, B.C. Montoro is also focused on advancing its 100%
optioned Elliot Lake uranium/REE project in northern Ontario. 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. The Company also
holds two claim blocks (50/50 with Belmont) in the Central Mineral
Belt in Labrador. The Companies have recently optioned one claim
block to Rare Earth Metals Inc. 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 the Company at 604-683-6648.
Also 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. 604-683-6648
604-683-1350 (FAX) www.montororesources.com
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