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Bhang Inc BHNGF

Bhang Inc. is a Canada-based global consumer packaged goods company, focused on chocolate and cannabis edibles. The Company offers chocolate cannabis edibles in North America and in other parts of the world. Its chocolate categories include cannabis-infused milk chocolates, cannabis-infused dark chocolates and cannabis-infused white chocolates. The Company's cannabis-infused milk chocolates include milk chocolate and ice milk chocolate. Its cannabis-infused dark chocolates include 1:1 CBD:THC caramel dark chocolate, dark chocolate, fried chicken & cola dark chocolate and toffee & salt dark chocolate. Its cannabis-infused white chocolates include cookies & cream white chocolate, and white toast white chocolate. It has collaborations with The Blues Brothers through cannabis infused chocolate. It offers infused joints - BHANG HIGH ROLLER: FIG BAR. Its business includes selling its products in over 2500 retail stores and delivery selling and distribution through licensee partnerships.


GREY:BHNGF - Post by User

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Comment by martin81on Oct 24, 2010 9:07pm
712 Views
Post# 17605282

RE: Elliot Lake

RE: Elliot LakeIMT has a significant deposit adjoining GEM with similar uranium and REE grades.   

INTERNATIONAL MONTORO RESOURCES INC.

#600-625 Howe Street

Vancouver, B.C. V6C 2T6

Ph. (604) 683-6648

Fax: (604) 683-1350

TSX.V: IMT

FRANKFURT: O4T

OTC: IMTFF.PK

November 25, 2009

‘NEWS RELEASE’

MONTORO CONFIRMS SIGNIFICANT CONCENTRATIONS OF RARE EARTH

OXIDES ON ITS SERPENT RIVER PROPERTY IN ELLIOT LAKE, ONTARIO

International Montoro Resources Inc. (“IMT”) has confirmed concentrations of the lanthanide

series of rare earth elements (REE) in previously drilled holes on its 1,840 ha Serpent River

Property located approx. 13 km. east of the town of Elliot Lake, Ontario. As announced on

November 12, 2009, the analysis of certain drill intersections at Serpent River has confirmed

the presence of elevated REE in conjunction with uranium (U) in the Quartz Pebble

Conglomerates (QPC).

A total of 12 holes were drilled within a zone (Pecors channel) where Rio Algom had outlined a

historical resource (non NI 43-101 compliant) estimating the QPC contained an indicated

resource of 20 million tons grading 0.034% U3O8 (14.8 million pounds). Six of these holes,

spanning an area of about 550m by 300m, returned TREE (total REE plus Y -Yttrium)

results. A table of the significant assays are listed below.

Table 1 –Drill Results, Quartz Pebble Conglomerates

Drill Hole From To Length(M) TREE% TREEg/t

P07-03 115.57 116.22 0.65 0.2124 2124

P-07-04 146.45 151.10 4.65 0.1238 1238

Incl. 150.18 151.10 0.92 0.2519 2519

P-07-05 141.47 142.50 1.03 0.3067 3067

P-07-07 124.0 126.90 2.90 0.1906 1906

P-07-08 122.14 123.58 1.44 0.1898 1898

P-07-11 53.60 54.16 0.56 0.1997 1997

The samples were analyzed by Activation Laboratories Ltd. in Ancaster, Ontario, an

independent ISO 17025 accredited lab.

The range of values for the various elements are: Y ( Yttrium) 8 to 222 ppm; La ( Lanthanum)

3.9 to 1290 ppm; Ce ( Cerium) 7.3 to 2350 ppm; Pr (Praseodymium) 4.2 to 249 ppm ; Nd (

Neodymium) 3.3 to 579 ppm; Sm ( Samarium) 3 to 139 ppm; Eu (Europium) 0.3 to 7.9 ppm ;

Gd ( Gadolinium) 2.5 to 87.7 ppm;; Tb (Terbium) 0.3 to 11.1 ppm; Dy (Dysprosium) 2 to 50.9

ppm and Ho (Holmium) 0.3 to 8.4 ppm

Prices for some of these REE’s range from - Ce: $2.43/kg; La: $3.57/kg; Pr: $19.45/kg; and Nd

$20.19/kg.

Preliminary leach testing from adjoining Pele Mountain Resources (“GEM”) –Eco Ridge Mine

uranium project has demonstrated good recoverability of REE’s (see Pele news releases of

October 7 and November 4, 2009). We believe that similar results could be obtained from the

Serpent River - QPC area because the lithologies at both properties are identical.

The Elliot Lake mining camp, once known as the "Uranium Capital of the World", has produced

more than 300 million pounds of U3O8 from stratigraphically-bound deposits that demonstrated

remarkable consistency over an extensive area. These deposits were mined by Rio Algom and

Denison Mines from 1956 to 1996. Elliot Lake was also a global producer of the Rare Earth

Element (“REE”) – Yttrium (“Y”) during the 1980’s as a by-product of uranium production.

Although Yttrium was the primary REE produced historically at Elliot Lake, the development of

many new applications has created a growing demand for the full range of REE’s.

REE’s are critical components in many high-tech applications including hybrid motor vehicles,

flat screen monitors, high-power magnets, consumable electronics (Blackberries, iPods, DVDs,

cellular phones), green energy technology, fibre optics, super alloys for the aerospace and

building industries, medical and dental lasers, and a wide range of military applications.

Although demand for REE’s is growing rapidly, over 90 percent of global production is controlled

by China, which has recently imposed restrictions on their exports.

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.

ON BEHALF OF THE BOARD OF DIRECTORS,

”Gary Musil”

Gary Musil, President

CEO/Director

About International Montoro Resources Inc.

International Montoro Resources Inc. is focused on advancing its 100% optioned Elliot Lake uranium project in

northern Ontario. In addition the Company is continuing development with Belmont Resources Inc. (50/50) of its

Crackingstone –982 ha and Orbit –11,109 ha uranium properties in the Uranium City District – Northern

Saskatchewan. The Company also holds 100% interest in the Cup Lake/Donen uranium project in south-central

British Columbia and two claim blocks (50/50 with Belmont) in the Central Mineral Belt in Labrador.

For further information phone 604-683-6648, visit the Company website at www.MontoroResources.com and watch

the Smartstox interview with President Gary Musil (www.smartstox.com/interviews/imt.php ).

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.




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