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Montoro Provides Update on Pecors - Serpent River, Elliot Lake Exploration Program

International Montoro Resources Inc. is pleased to report an update of the Pecors - Serpent River, Elliot Lake exploration program.

Pecors Hole #2 ("PDH-2")

Lamontagne Geophysics has been unable to schedule in the BH UTEM 4 downhole probing of PDH-2. The Company has therefore contracted Crone Geophysics & Exploration Ltd. ("Crone") of Ontario to proceed immediately to probe PDH-2. Crone has been involved in applying geophysics to mineral exploration, mine development, production, and numerous other geological investigations since its founding in 1962 by J. Duncan Crone. Crone pioneered many of the early IP, VLF, EM, and particularly time-domain EM methods and has been actively involved in Research & Development to make continual improvements to their instrumentation and survey techniques to meet the ever changing needs of clients. Crone will be utilizing its 3-D Borehole Pulse EM System, probing to the bottom of hole PDH-2 at 1317m. This technology has the potential range of approx. 400m radius or more from the probe, and will ensure very high conductance sources typical of nickel sulphide deposits are not missed through their proprietary Step Response transformation for impulse data. This data set combined with information from PDH-1 will give Montoro continuous below surface geophysical coverage for 1400 m long, 600-800m wide, as well as a further 400m below PDH-2.

Pecors Hole #1 ("PDH-1")

Ronacher McKenzie Geoscience of Sudbury, Ontario was contracted to complete a petrographic analysis on PDH-1 to better understand the mineralogy and petrology of the gabbro and its contained sulphide mineralization. The detailed report is now posted on our website at www.MontoroResources.com.

Pecors Anomaly

The Pecors Anomaly has now been defined by three coincidental surveys (magnetic, gravity & geochemical). The 3-D interpretation of the VTEM survey afforded Montoro data to position the first two drill holes and Montoro continues to define Pecors using some of the best techniques available.

Montoro will be releasing the final report from the downhole probing geophysical survey of Hole #1, along with the assays results and downhole probe survey of PDH-2 when everything is compiled.

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