VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 16, 2015) – International Montoro Resources Inc. (TSX VENTURE:IMT)(OTC PINK:IMTFF)(FRANKFURT:O4T) (the “Company” or “Montoro”) is pleased to report an update of the Pecors – Serpent River, Elliot Lake exploration program.
Pecors Hole #2 (“PDH-2”)
Crone Geophysics & Exploration Ltd. (“Crone”) of Ontario has completed the probing to the bottom of hole PDH-2 at 1317m utilizing its 3-D Borehole Pulse EM System. The system has 400m radius or more from the probe. This data set combined with information from PDH-1 gives Montoro continuous below surface geophysical coverage for an area 1400 m long, 600-800m wide, as well as a further 400m below PDH-2. The final report of the probing is expected to be released this month, and will allow Don Hawke, consulting geologist to compile this data with drilling results for a final report.
The main objective of this drilling and probing program was to better understand the geology and the nature of the VTEM magnetic anomaly identified during the airborne survey and the 3-D interpretation; and to search for off hole conductive bodies that could be caused by massive sulphides in the permissive gabbro unit.
The Pecors Anomaly has now been defined by two coincidental surveys (magnetic, gravity). The 3-D interpretation of the VTEM survey magnetic data afforded Montoro information to position the first two drill holes, and Montoro will continue to define the Pecors anomaly using some of the best techniques available. The petrographic analysis on PDH-1 gave Montoro a better understanding of the mineralogy and petrology of the gabbro and its contained sulphide mineralization.
The above information has been reviewed and approved by Don Hawke, MSc., P.Geo, consulting geologist for Montoro and a Qualified Person as defined by National Instrument 43-101 regulations.
About International Montoro Resources Inc.
Montoro is focused on advancing its 100%-owned Serpent River – Elliot Lake, Northern Ontario, and Pecors magnetic anomaly – a potential Ni-Cu-PGE discovery. The southwestern portion of the property has also located Uranium/REE mineralization from drilling in the general area where Rio Algom previously discovered uranium. The property comprises 10 mineral claims (115 units), approx. 1,840 ha.
Montoro holds a 100% interest in 2,268 ha (5 claims, 5,604 acres, 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 owns with Belmont Resources Inc. (50/50) its Crackingstone (982 ha, 2,427 acres) and Orbit (11,109 ha, 27,450 acres) Uranium properties in the Uranium City District, Northern Saskatchewan, and is seeking a joint venture partner to continue development of this advanced property.
ON BEHALF OF THE BOARD OF DIRECTORS
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.
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