Chart usGOLD   Chart usSILVER  
 
Food for thought
We can evade reality, but we cannot evade the consequences of evading reality.
Ayn Rand  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1216.000.90
Silver 17.81-0.01
Platinum 1333.251.50
Palladium 810.002.25
WORLD MARKETS
DOWJONES 1728013
NASDAQ 4580-14
NIKKEI 16321254
ASX 543718
CAC 40 4461-3
DAX 97991
HUI 208-4
XAU 89-2
CURRENCIES (€)
AUS $ 1.4369
CAN $ 1.4062
US $ 1.2829
GBP (£) 0.7873
Sw Fr 1.2068
YEN 139.8300
CURRENCIES ($)
AUS $ 1.1203
CAN $ 1.0945
Euro 0.7795
GBP (£) 0.6141
Sw Fr 0.9400
YEN 108.9100
RATIOS & INDEXES
Gold / Silver68.28
Gold / Oil13.15
Dowjones / Gold14.21
COMMODITIES
Copper 3.090.00
WTI Oil 92.45-0.62
Nat. Gas 3.84-0.07
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Montoro Terminates Option Agreement With Electric Metals Inc. on Chuchinka, B.C. Property
Published : December 07, 2012
( 0 vote, 0/5 ) Print article
     
Tweet

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 7, 2012) - International Montoro Resources Inc. ("Montoro") (News - Market indicators)(PINKSHEETS:IMTFF)(FRANKFURT:O4T) has given Notice of Termination to Electric Metals Inc. (TSX VENTURE:EMI) pursuant to the terms of the Mineral Option Agreement (the "Agreement") on the Chuchinka Property dated June 9, 2010.

Several terms of the Agreement had not been fulfilled on July 12/12 and following Notice of Default provided on October 29/12, EMI has failed to comply with those provisions. The Agreement is no longer in force.

International Montoro Resources Inc. therefore maintains its 100 per cent ownership in the Chuchinka Property.

About International Montoro Resources Inc.

Montoro recently acquired a 100% interest in 23 mineral claims prospective for Rare Earth Elements, in 2 separate claim blocks covering 18,743 acres (7,585 ha) in the new Tacheeda Lake camp; and 3,330 acres (1,348 ha) Carbo area. Montoro also holds a 100% interest in 5,604 acres (2,268 ha, 5 claims - the Chuchinka property) contiguous to and adjoining the Wicheeda, a previously reported Rare Earth discovery, northeast of Prince George, B.C.

Montoro is also focused on advancing its 100% optioned Elliot Lake uranium/REE project in northern Ontario.

In addition the Company will continue the development with Belmont Resources Inc. (50/50) of its Crackingstone - 2,.427 acres (982 ha) and Orbit -27,450 acres (11,109 ha) uranium properties in the Uranium City District - Northern Saskatchewan.

Also visit the Company website at www.MontoroResources.com and watch the Smartstox interview with President Gary Musil (www.smartstox.com/interviews/imt).

ON BEHALF OF THE BOARD OF DIRECTORS,

Gary Musil, President, CEO/Director

The statements used in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Companies forward-looking statements and expectations.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

International Montoro Resources Inc.
Gary Musil
President, CEO/Director
(604) 683-6648
(604) 683-1350 (FAX)
www.MontoroResources.com
Tweet

International Montoro Resources Inc

DEVELOPMENT STAGE
CODE : IMT.V
ISIN : CA46004W1086
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Email Alert Add to Watchlist Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate news of International Montoro Resources Inc
12/7/2012Terminates Option Agreement With Electric Metals Inc. on Chu...
7/13/2011.: Interpretation of Airborne Data Confirms Substantial Magn...
6/24/2011.: Work Program Commences at "Chuchinka" Rare Earth Prospect
6/2/2011Locates Rio Algom 1959 Drill Holes on Elliot Lake, Ontario P...
3/15/2011Retains Ethos Consulting for Investor Relations
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (IMT.V)
0.090-5.26%
TSX-V
CA$ 0.090
09/19 15:58 -0.010
-5.26%
Prev close Open
0.095 0.090
Low High
0.080 0.090
Year l/h YTD var.
0.040 -  0.110 80.00%
52 week l/h 52 week var.
0.020 -  0.110 350.00%
Volume 1 month var.
222,000 -10.00%
24hGold TrendPower© : 20
Produces
Develops Uranium
Explores for Cobalt - Gold - Lead - Platinum - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
TOP NEWSRELEASES
Annual variation
DateVariationHighLow
2014125.00%0.060.03
20130.00%0.050.01
2012-20.00%0.070.02
2011-64.29%0.180.04
2010133.33%0.170.03
 
5 years chart
 
3 months chart
 
3 months volume chart