Belmont Resources Inc V.BEA

RE: RED LAKE

[davie94020]

PELE MOUNTAIN RESOURCES Montoro Contracts Forage Orbit for Drilling-Elliot Lake 8/30/2007 VANCOUVER, BRITISH COLUMBIA, Aug 30, 2007 (CCNMatthews via COMTEX News Network) -- Further to our news release of July 16, 2007, International Montoro Resources Inc. ("IMT") (TSX VENTURE:IMT)(FRANKFURT:O4T) has contracted Forage Orbit Garant Drilling of Val-d'Or, Quebec for a minimum 2,500 meters of diamond drilling as recommended in the NI 43-101 compliant Technical Report (the "Report") on its Elliot Lake uranium properties, more commonly known as the Serpent River property ("Serpent") in northern Ontario, authored by Scott Wilson Roscoe Postle Associates Inc. ("Scott Wilson RPA") dated March 20, 2007. The Company has also completed the necessary road work and access to the drill sites for drilling to commence immediately upon arrival of the contractor. The Serpent River property is located about 13 kilometres east of the town of Elliot Lake on the south limb of the Quirke syncline and covers approximately 4,000 m of the contact between the Matinenda Formation and the underlying basement rocks. The Elliot Lake mining camp was once known as "the Uranium Capital of the World" and has produced more than 270 million pounds of U308 from stratigraphically-bound deposits that demonstrate remarkable consistency over extensive areas. The Company has retained the services of Mr. Donald Hawke, Consulting Geologist to supervise the drilling program. Mr. Hawke and Gregory Campbell (one of the principal owners of the property), over the past several years have gained considerable knowledge relating to the geology and mineral potential of deposits of the Elliot Lake area. Based on their knowledge, expertise, and years of experience, the Consultants have postulated a new model for potential higher-grade uranium mineralization below the stratigraphic horizon hosting the known uranium deposits of the Elliot lake, within the basement rocks. The success of nearby Pele Mountain Resources Inc. (TSX VENTURE:GEM) drilling, has continued to substantiate the higher-grade uranium potential of the Elliot Lake camp. About International Montoro Resources Inc. International Montoro Resources is focused on the advancement of its 100-percent optioned Elliot Lake uranium project in northern Ontario and Cup Lake/Donen uranium project in south-central British Columbia. In addition the Company (50/50) with Belmont Resources Inc. has acquired significant uranium properties located in the Central Mineral Belt Uranium District in Labrador (recently optioned to Crosshair Exploration (TSX VENTURE:CXX)) and two claim blocks in the Uranium City District in Northern Saskatchewan (recently optioned the Orbit Lake-11,109 ha block to Ultra Uranium (TSX VENTURE:ULU)). Through project generation and additional discoveries, Montoro will provide shareholders with exposure and leverage to this increasing global demand for uranium. 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 Company's forward-looking statements and expectations. SOURCE: International Montoro Resources Inc. International Montoro Resources Inc. Gary Musil President, CFO/Director [phone] or [phone] [phone] (FAX) Email: [e-mail] Website: www.MontoroResources.com Copyright (C) 2007 CCNMatthews. All rights reserved.