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MONTORO-BELMONT J.V. COMPLETES EVALUATION OF DRILLING
PROGRAM AT SHAVER LAKE PROPERTY, RED LAKE, ON
Further to our news release of April 21,2006, International Montoro
Resources Inc. (“IMT”) and Belmont Resources Inc. (“BEA”),
(Montoro-Belmont JV) have completed the evaluation of their 2006
diamond drilling program on the southern part of the 30 unit Shaver
Lake property located in Bateman and Shaver Twp. within the Red
Lake Gold Camp.
The quartz veining intersected in the drilling program west of
Shaver Lake, did not return significant gold values.
The drilling focused mainly on the structural features interpreted
from geophysics. The geophysical surveys conducted over the Shaver
Lake property have identified several more significant magnetic
high and conductive anomalies in the southern and northern portion
of the property. These targets have not been drill tested and represent
additional drilling targets for the discovery of copper-nickel-PGM
mineralization.
Past drilling in the Red Lake Gold Camp has focused mainly on gold
deposits hosted within the mafic and ultramafic volcanic rocks.
These rocks appear intrusive in nature and may represent a new potential
on the property. The potential exists for the discovery of a Kambalda
Type high nickel deposits. Ultramafic volcanic rocks are host to
many high grade nickel deposits in Australia.
This potential should be further explored on the Shaver Lake property.
All results reported herein pertaining to this project have been
reviewed and verified by Raymond A. Bernatchez, P. Eng., Consulting
Geologist, the Companies qualified person as defined by National
Instrument 43-101.
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