Belmont Resources Inc. (“BEA”), and International Montoro Resources Inc. (“IMT”), the (“Companies”) are pleased to announce that the first drill hole has been drilled to 83 metres and is expected to complete near 150 metres at the Crackingstone Uranium Project located north of Bushell Bay and 8 km west of Uranium City, Saskatchewan. Diamond drilling is continuing on the Phase One, 20+ holes, minimum 3,000 meter (10,000 ft.) program. A detailed map outlining the location of the drill holes, known uranium occurrences, radon gas anomalies and trace lines of the fault zones can be viewed on the Companies web sites. The objective of this drilling program is to explore the uranium potential of one of three known northeast striking fault zones located on the Crackingstone claim number S-108022. The spring 2008 drilling program will test a 1.5 km section of the Boom Lake Fault zone, north and south of Beck 94.
Belmont and Int. Montoro have completed a number of key initiatives at the
Crackingstone Uranium Project including a NI 43-101 report, a preliminary report
outlining development recommendations, mapping, line cutting, ground geophysics,
soil sampling, grab and channel sampling, a radon gas survey, and an airborne
radiometric and magnetic survey. These development programs were instrumental
in defining this drill program for the Companies. Past production in the area
came from four primary areas; the Cinch, Lorado, Rix Smitty and Leonard deposits.
The Cinch Lake and Rix Smitty mines have produced a total 1,869,000 pounds of
U308.
The Rix Smitty and Leonard mines are upstrike northeast from the three known
uranium bearing fault zones on the Crackingstone property.
Progress reports and assay results will be released as soon as they are received and compiled by the Companies.
About International Montoro Resources Inc.
International Montoro Resources is focused on advancing its 100 percent optioned Elliot Lake uranium project in northern Ontario and Cup Lake/Donen uranium project in south-central British Columbia. In addition the company is continuing development of its (50/50) projects with Belmont Resources Inc. in the Uranium City District - Northern Saskatchewan and Central Mineral Belt in Labrador.
For further information phone 604-683-6648, visit the Company website at www.MontoroResources.com
and watch the Smartstox interview with President Gary Musil, or contact Michael
Borovec at CHF Investor Relations at 416-868-1079, ext. 229
ON BEHALF OF THE BOARD
Gary Musil, CFO/President/Director
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