INTERNATIONAL MONTORO RESOURCES INC. - TSX: IMT

#600 - 625 Howe Street, Vancouver, B.C. V6C 2T6
 

NEWS RELEASE

March 11, 2003

Montoro acquires 30% interest in Gamache property

The TSX Venture Exchange has accepted for filing a mining option agreement dated March 7, 2003, between the company and Canadian Royalties Inc. whereby the company has acquired a 30-per-cent interest in the Gamache property located in the Raglan-Ungava area of Northern Quebec. Consideration is staged payments of up to $140,000 by April 30, 2004.

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ON BEHALF OF THE BOARD
Gary Musil, President/Director

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