Jun. 24, 2011 (Marketwire Canada) --
VANCOUVER, BRITISH COLUMBIA -- International Montoro Resources Inc. ("Montoro") (TSX VENTURE:IMT)(PINK SHEETS:IMTFF)(FRANKFURT:O4T) is pleased to announce the commencement of its 2011 work program on the Chuchinka REE-Carbonatite property, located in the Wicheeda-Carbo district north of Prince George, BC. The Chuchinka property is contiguous to a significant Rare Earth discovery that reported 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.
See Chuchinka REE Map: (http://www.montororesources.com)
International Montoro, President and CEO, Gary Musil, stated, "Montoro's 2011 work season is now underway with the commencement of work on the highly prospective Chuchinka REE- Carbonatite property, by our joint venture partner Electric Metals (TSX VENTURE:EMI). This will be a very active work season for Montoro with multiple planned work programs including an airborne survey on the "Tacheeda" REE property, additional work to further define the significant Nickel anomaly discovered on our "Elliot Lake" property in Ontario, and a planned drill program on our "Uranium City" property in Saskatchewan, to test numerous targets indentified from airborne surveys and sampling."
Phase 1 exploration at the Chuchinka property will help to define priority drill targets within several anomalies discovered by joint venture partner, Electric Metals (TSX VENTURE:EMI) 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.
Phase 2 exploration will consist of trenching and a diamond drill program to test high priority zones identified in the Phase 1 program.
Mr. Chris Taylor, M.Sc. P.Geo, is the Qualified Person as defined by National Instrument 43-101 has reviewed and is responsible for the accuracy of this news release.
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 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 VENTURE:RA) in the historical Letitia Lake-Red Wine rare earth metals camp of west-central Labrador.
For further 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.
International Montoro Resources Inc.