VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 12, 2012) - International Montoro Resources Inc. (TSX VENTURE:IMT)(PINKSHEETS:IMTFF)(FRANKFURT:O4T) ("Montoro", the "Company" or "IMT") completed approximately 989 line kilometers of a AeroMAG magnetic and radiometric airborne geophysical survey over its Tacheeda Lake Rare Earth Elements prospect located in 'The Rocky Mountain Rare Metal Belt' of northern British Columbia and surrounding claims held by Spectrum Mining Corp. The Spectrum claims were believed to cover a buried carbonatite (Cominco 1986, Tacheeda Lake).
The preliminary results of the survey received from Aeroquest Airborne have identified several coincident radiometric and magnetic anomalies on the property which are considered to be high priority for follow-up sampling programs. The magnetic component of the survey further defined the strong magnetic anomaly on Spectrum Mining Corp's ground, as well as other magnetic features extending from this feature onto the Tacheeda Property.
The data will be forwarded for final interpretation to assist in identifying and prioritizing rare earth element and other mineral targets for upcoming sampling, trenching and drill targets. The preliminary data will be posted on our website at www.montororesources.com - Tacheeda Lake property page.
This press release has been reviewed and approved by Neil McCallum, P.Geo., an independent qualified person as defined in NI 43-101.
The Company has granted 200,000 incentive stock options to consultants under its Stock Option Plan for a period of three years at a price of $0.10. All securities issued are subject to regulatory approvals and the Company's Stock Option Plan.
About International Montoro Resources Inc.
Rocky Mountain Rare Metal Belt:
Montoro recently acquired through staking 1,404 ha - 4 claims. Montoro now owns 31,149 acres (12,605.73 ha - 32 claims, one of the largest holders in the belt. Montoro's most advanced block, is its 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 Element discovery, northeast of Prince George, B.C.
Elliot Lake, Ontario:
Montoro is also focused on advancing its 100% owned Elliot Lake uranium/REE project in northern Ontario. The Company is also further investigating a very positive interpretation of a large airborne anomaly, near Pecors Lake in the northwest corner of our Serpent River property. The dimensions of the entire inversion block are estimated at 7.8 km EW x 3.45 km NS and 2.025 km from surface.
Saskatchewan & Labrador:
Montoro 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, one of which is located in the historical Letitia Lake-Red Wine rare earth metals camp of west-central Labrador.
For further information 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.