Montoro Receives a further Review of Airborne EM and
Montoro Receives a Further Review of Airborne EM and Magnetic Survey on the Pecors Magnetic Anomaly
ccnm
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2014) - 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
https://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.