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BELMONT & MONTORO PROGRESS REPORT ON CRACKINGSTONE
EXPLORATION PROGRAM- URANIUM CITY, SASKATCHEWAN
International Montoro Resources Inc. (“TSX.V-IMT”)
and Belmont Resources Inc. (“TSX.V-BEA”) are pleased
to announce that a six person crew including Ray Bernatchez, P.Eng.,
Consulting Geologist and Dr. John Morgan, P.Geo. has completed an
extensive sampling and ground geophysical program on the Crackingstone
uranium and adjoining Orbit uranium properties.
Crackingstone
Further to our news release dated May 17, 2007, which reported the
results of a ground geophysical survey for the Crackingstone project,
the data has been correlated with known structures and recommended
trenching and channel sampling on the highest priority anomalies,
which will further identify targets for diamond drilling. The August
and September program has evaluated 15 showings: Beck 6, Beck 48,
Beck 55, Beck 58, Beck 91 (Mylo’s Lease), Beck 94, Beck 95,
Beck 101, Beck 102, Beck 107 (Laredo Showing), Beck 231, Beck 233,
Beck 235, Mukta 230 and Rix 58. A total of 74 channel samples were
taken from these showings. All showings registered good to very
strong counts per second (cps) ranging from 1000 to 60,000 cps.
Uranium yellow staining (uranophane) was observed at 7 of the showings.
The geological mapping and prospecting has shown strong correlation
between uranium mineralization and structural features such as faults
and shear zones. Some of these structures were defined in the ground
magnetic and electromagnetic surveys carried out during the winter
of 2006-2007. A previous 6.5 ton hand sorted bulk sample was extracted
from Mylo’s Lease (Rix #49-CC1-4) assaying 0.5% Uranium.
Showings Beck 6, Beck 55, Beck 94, Beck 231 and Beck 233 containing
several high radiometric readings, appear to coincide with the Boom
Lake Fault near its intersection point with the east-west trending
Crackingstone Fault, the proposed site area for the 2007-2008 drilling
program.
The northwest corner of claim S108022 has been drilled extensively
in the past. This drilling has defined two parallel uranium zones
in this area. The 2006-07 ground geophysical survey has defined
a conductor in this area. The uranium mineralization appears to
be localized within northeast trending structures. This area may
represent another strong drilling target. Previous samples were
obtained from an open cut and adit (Rix #7 adit) in this area. Four
samples taken in 2006 on a property visit by R.A. Bernatchez. P.
Eng., from the rock pile and trenches along the east-west striking
fracture zone for a length of 275 meters, assayed from 0.28% to
6.55% Uranium.
The spectrometer readings have also confirmed that potassium content
increases with increased uranium mineralization, a characteristic
that is also associated with the uranium deposits in the Athabasca
Basin.
Orbit
The exploration crew also conducted a similar exploration
program on Orbit as a follow-up to a combined airborne and magnetic
survey completed by the Geological Survey of Canada (GSC) and Saskatchewan
Energy and Mines (SCS) and previously documented uranium showings
located on the Orbit property. Further details of this program will
follow.
Most of the uranium showings are localized within the northeast
trending structures and have a corresponding increase in potassium.
Several branching west and northwest structures form conjugate structures
from the northeast structures. The intersection of the Boom Lake
and Crackingstone structures represents a good drilling target for
uranium mineralization similar to that found at the Cinch Mine 2
km east of the Crackingstone property.
Dr. John Morgan has returned to Uranium City to complete a radon
gas survey over the proposed drill target area between Beck 6, Beck
94 and Beck 233. Radon gas is emitted from the radioactive decay
of uranium.
All samples were sent to the Saskatchewan Research Lab in Saskatoon.
This news release was reviewed and approved for technical disclosure
by R.A. Bernatchez, P.Eng., consulting geologist, an independent
qualified person under NI 43-101.
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