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Montoro Receives a Further Review of Airborne EM and Magnetic Survey on the Pecors Magnetic Anomaly
|By Marketwired .
|September 2, 2014 06:15 PM EDT
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/02/14 -- International Montoro Resources Inc. (TSX VENTURE:IMT)(PINKSHEETS:IMTFF)(FRANKFURT:O4T) (the "Company" or "Montoro") -
Further to our news release of July 13, 2011, and in planning for a drilling program, Montoro has commissioned L.E. Reed ("Reed") Geophysical Consultant Inc. to take a further look at the VTEM survey findings to see if there were any weak bedrock AEM anomalies associated with the Pecors Magnetic anomaly (the "Pecors Anomaly") that may have been overlooked in the first pass.
Montoro has received the Reed report titled 'Report on a Review of Airborne EM and Magnetic Surveying on the Pecors Magnetic Anomaly, east of Elliot Lake, Northern Ontario' ("Reed's Report). His report will be posted on the Montoro website - Serpent River -property page. Click here for a direct link http://www.montororesources.com/docs/Pecors_report_2014_L-E-Reed.pdf.
Reed's Report outlines a number of dB/dt electromagnetic anomalies (primary standard acquisition responses) and B-field electromagnetic anomalies (calculated total EM secondary field responses), many of which may identify weakly conductive material in rocks overlying the Pecors Anomaly and one has a deeper source that may reside in the basement rocks.
Reed's work has also led to the recognition of a number of First Vertical Derivative (1VD) magnetic anomalies that are interpreted as representing east-west trending dyke-like features. Some of these are identified as younger gabbro dykes cutting the overlying Huronian sediments; however others appear to merge with the main Pecors Magnetic anomaly and may represent feeder dykes for the anomaly source, interpreted as a mafic intrusive body. Feeder dykes or areas where the feeder dyke enters a mafic intrusive body can be important sites where Cu-Ni-PGE mineralization occurs.
This study has indicated that there is one electromagnetic response that could reflect a deep-seated conductor. In addition, the magnetic anomaly was further imaged (3D) so one better appreciates the shape and extent of the source body so that potential sites of Cu-Ni-PGE mineralization can be interpreted and proposed for drilling.
Gary Musil, President, Chief Executive Officer of Montoro states, "We are now in receipt of the fourth positive review of the Pecors Anomaly. Management is very encouraged and developing a work program to further test this anomaly, and are in the application process for drill permits."
This press release has been reviewed and approved by Don Hawke, M.Sc., P.Geo., Consulting geologist and a qualified person as defined in NI 43-101.
About International Montoro Resources Inc.
Montoro is focused on advancing its 100% owned Serpent River - Elliot Lake, Northern Ontario, Uranium/REE project & Pecors magnetic anomaly - potential Ni-Cu-PGE. The property comprises 10 mineral claims (115 units) approx. 1,840 ha.
Montoro has also acquired a 100% interest in 23 mineral claims prospective for Rare Earth Elements, in 2 separate claim blocks covering 18,743 acres (7,585 ha) in the new Tacheeda Lake camp; and 3,330 acres (1,348 ha) Carbo area. Montoro also holds a 100% interest in 5,604 acres (2,268 ha, 5 claims - the Chuchinka property) contiguous to and adjoining the Wicheeda, a previously reported Rare Earth discovery, northeast of Prince George, B.C.
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.
For further information contact 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
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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