Montoro Pecors Drilling Pushes Through 900 Meters
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 9, 2015) - International Montoro Resources Inc. (TSX VENTURE:IMT), (the "Company" or "Montoro") -
Pecors Drilling Update
The Company has been informed by Don Hawke, P.Geo., Consulting Geologist, that Orbit Garant Drilling Services Inc. of Val D'Or, Quebec is advancing ahead of schedule. Pecors Hole #1 was reported to be at a depth of 909m as of 7:00 p.m. EST on Wednesday April 8th.
Since last reported on April 3rd, the drilling proceeded through the Matinenda formation and into the Thessalon formation basalts at 548m. We then entered a gabbro unit at approx. 600m, the rock type which could host potential Ni, Cu, & PGE mineralization. During the logging from the 600m depth through to the current level; disseminated pyrite, chalcopyrite, and pyrrhotite mineralizaton was noted in the gabbro. The Company is very encouraged with this visible sulphide mineralizaton and is expecting to continue drilling through to 1200 meters. The drilling contractor will leave for a week after finishing Hole #1, which will allow time for our geologist to finish core logging and begin cutting and sampling drill core to be sent for assaying. The 2nd drill hole is already being planned, and will commence immediately upon return of the drilling contractor.
The above information has been reviewed and approved by Don Hawke, MSc., P.Geo. Consulting geologist and a qualified person as defined in NI 43-101.
Pecors Site Visit:
Gary Musil, CEO/President recently travelled to Elliot Lake on Tuesday April 7th. On Wednesday, April 8th, Gary Musil, accompanied by Don Hawke, PGeo., Gregory J. Campbell, MSc. (Technical Advisory Board member) and Orbit Garant's drilling foreman visited the Pecors drill site by Heli Explore Inc.'s helicopter and reviewed the site setup and drilling in progress. New photos will be posted to the website in the next few days marking this occasion.
TSX - The View from the C-Suite
On route to Sudbury and Elliot Lake, on Monday, April 6th, Gary Musil was pleased to be invited to participate in a new TSX complimentary initiative which they have launched. The CEO video interview conducted in Toronto at The Exchange Tower can be seen here https://www.youtube.com/watch?v=-MGU_yD-fGI and will be posted on our website and at http://www.tmxmoney.com/en/news/csuite.html. The interviews provide information about companies, and objectives we aim to achieve, or have achieved.
About International Montoro Resources Inc.
Montoro is focused on advancing its 100% owned Serpent River - Elliot Lake, Northern Ontario, Pecors magnetic anomaly - a potential Ni-Cu 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 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. 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 - 2,427 acres (982 ha) and Orbit -27,450 acres (11,109 ha) 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.
Contact
International Montoro Resources Inc.
(604) 683-6648
(604) 683-1350
montoro@telus.net
www.MontoroResources.com