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Montoro-Belmont J.V. Completes Drilling Program at
Red Lake Property
International Montoro Resources Inc. (“IMT”) and Belmont
Resources Inc. (BEA”) (Montoro-Belmont JV) have completed
a 930 metre, 6-hole diamond drilling program on their 30 unit property
located in Bateman and Shaver Twp. within the Red Lake Gold Belt.
The objective of the program was to drill test a number of structures
interpreted by Excalibur International Consultants Ltd. from a 2004
combined VLF and magnetic survey.
The drilling program was successful in intersecting zones of sulphide
mineralization and quartz veining contained within altered mafic
volcanic and intermediate to felsic intrusive rocks. The quartz
veining was mineralized with pyrite, pyrrhotite and magnetite. Bedded
sulphide (pyrrhotite chalcopyrite and pyrite) mineralization was
encountered in the altered mafic volcanic rocks. A wide zone of
weakly disseminated sulphide and magnetite mineralization was intersected
in holes BSL-6.
Sampling, assaying and quality control core is split using diamond
saws, with one-half sent to Accurassay Laboratories in Thunder Bay
for preparation and analysis, the other half has been moved from
the site and stored at the Ministry of Northern Ontario Mine’s
(“MNDM”) core library in Red Lake. The results of these
assays are pending.
Mr. Raymond A. Bernatchez, P.Eng. is the Companies qualified person
as defined by National Instrument 43-101 on the Shaver Twp. –
Red Lake project. The drilling program, logging, and sampling was
conducted under Mr. Bernatchez’s supervision. All results
reported herein were reviewed and verified by Mr. Bernatchez.
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