Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Geotech Ltd. Mobilizes for Serpent River- Pecors ZTEM Helicopter Survey, Elliot Lake-Ontario

V.MARV

MAY 28, 2018 - International Montoro Resources Inc. (TSX-V: IMT) (the "Company").

ZTEM Survey Mobilizing:

Geotech Ltd. dba Geotech Airborne of Aurora, Ontario has informed the Company that they are mobilizing their crew to Elliot Lake, Ontario to prepare for the helicopter-borne ZTEM geophysical survey of approximately 280 line km at 200m line spacing increasing further information to depths over 2000 metres; which will assist in better targeting the next phase of diamond drilling on its Serpent river - Pecors Ni-Cu-PGE project.  See University of Washington Lightning strike forecast Satellite Feed  -  http://ow.ly/4Z7a30k8iRO

Recent ZTEM 2D synthetic modeling (Legault, 2017) suggest that >7.5 Mt nickel-copper orebodies at >700-2100m depths targets could be detected and resolved as anomalies, provided they are sufficiently conductive (>100S) and reasonably 2-dimensional (ie., approx. >1-3 km long).  Hence, ZTEM is considered to be ideally suited for detecting and for targeting future diamond drilling of any potentially deeply buried (>700m) Ni-Cu-PGE mineralized massive sulphide bodes that lie within the Pecors mafic intrusive.

ZTEM has been successfully applied as follow-up to VTEM over Magmatic Massive Sulphide (MMS) Ni-Cu deposits to determine their potential extensions to depth.  These include the Ni-Cu-PGE prospect at Western Area-Mustang Minerals JV East Bull Lake Anorthosite (Orta et al., 2011) in nearby Massey, Ont., where ZTEM successfully defined a deep PGE mineralized, troctolitic layer at 850m depths that was originally identified in MT surveys from the 1980’s (Kurtz et al.,1986).  Additional successful ZTEM applications were detailed in Montoro’s November 1, 2017 news release.

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-PGE discovery. The southwestern portion of the property has located Uranium/REEmineralization from previous drilling in the general area where Rio Algom discovered uranium. The property comprises 10 mineral claims (115 units), or approximately 1,840 ha

In February 2018 Montoro received approval for the acquisition of the Duhamel, Quebec property.  The Ni-Cu-Co prospect consisted of nine (9) mineral claims comprising 500 ha. 

In addition the Company owns jointly with Belmont Resources Inc. (50/50) its Crackingstone (982 ha, 2,427 acres) and Orbit (11,109 ha, 27,450 acres) 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

“Gary Musil”

Gary Musil,

President/CEO and Director

 

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither 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.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today