VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 13, 2007) - Further to the TSX Venture Exchange bulletin dated January 26,2007, International Montoro Resources Inc. (TSX VENTURE:IMT) (FRANKFURT:O4T) ("IMT") is pleased to announce it has closed the Elliott Lake (Serpent River) property acquisition agreement entered into with Dan Patrie Exploration Ltd. and Precambrian Ventures Ltd. whereby IMT will acquire 100% interest in 10 mining claims (1840 hectares) in the Sault Ste. Marie Mining Division. The Serpent River property is located about 13 km. east of the town of Elliot Lake on the south limb of the Quirke syncline. Access is afforded by a bush road from Highway 108.
IMT has paid the first cash payments of $100,000 and issued 100,000 common treasury shares. All common shares issued will have a four month hold period ending May 27,2007.
Scott Wilson Roscoe Postle Associates commissioned to complete NI 43-101:
IMT has commissioned Scott Wilson RPA to prepare a NI 43-101 Technical Report on the Serpent River Property. The report will include (but not limited to):
-Site inspection, including examination of representative drill core, outcrops and trenches, if available or accessible;
-Review and comment on the historical exploration data available on the property at the Ontario Ministry of Northern Development and Mines (MNDM) offices in Sault Ste.Marie;
-Review of other available reports and other relevant data on the property and discussion of property tenure;
-Review of geology, mineralization and geological interpretation;
-Review of exploration potential and recommendations for future exploration programs
Scott Wilson RPA recently completed an extensive report for Pele Mountain Resources Inc. ("GEM") on its Elliot Lake uranium project dated January 15, 2007.
Scott Wilson Mining Group, including Scott Wilson Roscoe Postle Associates Inc., is based in Toronto with offices in Canada, the United Kingdom, and Zambia. The Mining Group consults to major, junior and exploration mining companies, financing institutions, governments, law firms and individual investors on all aspects of mining development and operations.
ON BEHALF OF THE BOARD OF DIRECTORS,
Gary Musil, President, CFO/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.
FOR FURTHER INFORMATION PLEASE CONTACT:
International Montoro Resources Inc.
Gary Musil
President, CFO/Director
(604) 683-6648
(604) 683-1350 (FAX)
International Montoro Resources Inc.
(416) 350-2794
Email: montoro@telus.net
Website: www.MontoroResources.com
