Montoro Revisits "Orbit-Crackingstone", Uranium City, Sask.
September 22 2011 - 8:00AM
Marketwired
International Montoro Resources Inc. (TSX VENTURE: IMT)(PINK
SHEETS: IMTFF)(FRANKFURT: O4T) ("Montoro", the "Company" or "IMT")
and its 50% j.v. partner, Belmont Resources Inc. (TSX VENTURE: BEA)
have returned to the Orbit-Crackingstone property (12,091 ha) to
conduct a further sampling program.
Objective of the Sampling Program
The objective of the sampling program is to collect
representative channel samples from the radiometric anomalies
identified as Targets "A", "B", "C" and "D". These samples will be
analyzed for uranium, thorium, light and heavy rare earth elements,
multi-elements and for whole rock analysis.
Airborne radiometric, electromagnetic and magnetic surveys were
conducted on the Orbit Lake and Crackingstone properties in
2007-2008 by Aeroquest International Limited and MPX Geophysics
Ltd.
The airborne radiometric survey outlined several significant NE
linear radiometric (U) anomalies. Three of the radiometric
anomalies transect the property from the southwest corner at Orbit
Bay to the northeast corner of the claim group at Orbit Lake.
Orbit Lake Property
Orbit Lake Radiometric Anomaly - Target A:
This anomaly trends northeast for over 3 km along the northwest
shores of Orbit Lake on the NE portion of the Orbit property and is
located 1.5 km up-strike from a uranium bearing showing located at
the northeast end of Augier Lake. Both the Augier Lake showing and
the Orbit west shore radiometric anomaly is located on the west
side of the prominent NE trending Orbit Fault.
Orbit Uranium Developments Limited ("OUDL") investigated a
radioactive pegmatite north of Augier Lake, near the southwest end
of Orbit Lake. Colin S. Johnson reported for OUDL in 1952 a
pegmatite ranging in width from 20 to 50 feet wide with plentiful
uranium staining everywhere "with good Geiger kicks". He also
reports on an Augier Lake showing a 300 pound sample assaying 0.69%
U3O8. The Augier Lake showing was drill tested for 300 feet and
averaged 0.336% U3O8 over 2.6 feet. The Augier Lake showing forms
part of the south-westerly extension of the strong radiometric
anomaly located along the northwest shores of Orbit Lake.
Orbit Bay Radiometric Anomaly - Targets "B"
A prominent radiometric anomaly is located in the southwest
portion of the property 200 to 300 meters northwest of Orbit Bay.
The northwest anomaly has a strike length of approximately 2 km and
is located between Orbit Bay to the south and Triangle Lake to the
north. OUDL sampled a showing in the same vicinity of the anomaly
detected in the recent survey. OUDL reported in 1952 in a report by
Colin S. Johnson representative samples over a width of 75 feet
assaying 0.2% to 0.5% U3O8. This showing was described by Johnson
(1951) as being contained in a pegmatite similar to that reported
on the northwest shores of Orbit Lake. Johnson also reported
samples taken from shear zones to the east assaying from 2.42% to
26.24% U3O8.
Orbit Bay East Radiometric Anomaly - Target "C"
A third strong radiometric anomaly was located in the airborne
survey on the east shores of Orbit Bay, which will also be followed
up. The east, northeast radiometric anomaly has a projected strike
length of over 3 km trending northeast from the north shores of
Lake Athabasca.
Crackingstone Property
Spot Lake Radiometric Anomaly - Target "D"
A fourth target "D" was selected for sampling located southeast
of Spot Lake on the Crackingstone property on claim #S-108022. The
airborne survey also identified a strong NE trending radiometric
anomaly between the Spot Lake and Chance Lake fault. Historical
exploration and more recent work by the above mentioned JV partners
has confirmed uranium mineralization in NE and NW trending
lineaments. The northeast end of this anomaly trend is host to the
former Rix-Smitty Uranium Mine which was hosted in a NW striking
structure. The proposed sampling site at this target is in a NW and
NE structure.
This press release has been reviewed and approved by Raymond A.
Bernatchez, P.Eng., Consulting Geologist, and 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. (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 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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