No1Uknow
5 years ago
ZTEM 3D Data confirms 5km x 2 km X 2km magnetic anomaly at Pecors; ZTEM data comparison to VALE's Voisey Bay, Ni, Cu, Co mine; Strength returns to Nickel up 25%
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2019) - International Montoro Resources Inc.'s (TSXV: IMT) (the "Company") President, Gary Musil, reports: "With the receipt of September 2018 https://www.slideshare.net/secret/eqThN4pFkSMGou we learned that the ZTEM appears to identify a deep, gently east dipping & north plunging conductive layer at a depth of ~750m that coincides with the magnetic anomaly. The feature layer that is centered on our Pecors area block, also remains open to the north."
"In this data we see 3 distinct magnetic anomalies at 750m one being approx. 3.5 km x 1.5 km.
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Figure 1
To view an enhanced version of Figure 1, please visit:
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Included in Montoro's 2D Geotech ZTEM inversion report are ZTEM results over the deeply buried (>800m) Eastern Deeps deposit, from Vale's Voisey Bay Ni, Cu, Co mine. Voisey Bay, being the biggest mining discovery in Canada in the last 50 years, any comparative geophysical data bodes well for our Pecor's Ni, Cu, PGE project. In September 2018 (as reported in the Sudbury Mining Solutions Journal), Vale gave the go ahead for $2 billion in mine developments at its Voisey's Bay operation in Labrador.
The Geotech 2D report recommended a 3D inversion report be completed. Remarkably now that we can view the depth with width and length in 3D we can now see that the original 3 anomalies identified by the ZTEM 2D are a large contiguous magnetic anomaly estimated to be 5km long 2km wide and 2km deep."
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Figure 2: Drill holes completed by Rio Algom (blue) and Montoro (red) as seen on the https://www.slideshare.net/secret/2vLqjOnrClKL9h
To view an enhanced version of Figure 2, please visit:
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ZTEM 2D Survey & 3D Interpretation indicates further encouraging results:
The Pecors ZTEM survey shows similarities with ZTEM results over the Vale Canada Limited ("Vale") Voisey Bay, Eastern Deeps-deposit. ZTEM was successfully able to position the Eastern Deeps deposits in the correct location and at the correct depth (~750m) using 2D inversion (Jansen and Cristall: in Proceedings of Exploration 2017).
antman
10 years ago
Int'l Montoro arranges $600,000 private placement
2014-07-25 15:19 ET - News Release
Mr. Gary Musil reports
MONTORO ARRANGES FLOW-THROUGH PRIVATE PLACEMENT TO RAISE $600,000
International Montoro Resources Inc. is arranging a non-brokered flow-through private placement to raise up to $600,000.
The company will be issuing five million units at 12 cents per unit. Each unit will consist of one flow-through common share and a one-year transferable (non-flow-through) share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share of the company for a period of one year at a price of 18 cents per share.
The company will pay a finder's fee of up to 7.5 per cent in cash or warrants. The financing will be subject to TSX Venture Exchange acceptance.
The financing will be used to continue exploration and drilling on its Pecors anomaly at its Serpent River property near Elliot Lake, Ont., and other mineral properties as required.
We seek Safe Harbor.
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