Chart usGOLD   Chart usSILVER  
 
Food for thought
Gold is pale because it has so many thieves plotting against it
Antal E. Fekete  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1394.4231.62
Silver 22.570.36
Platinum 1464.003.50
Palladium 739.90-2.35
WORLD MARKETS
DOWJONES 15307-80
NASDAQ 3463-39
NIKKEI 14484-1143
ASX 5041-101
CAC 40 3958-93
DAX 8307-224
HUI 2573
XAU 97-3
CURRENCIES (€)
AUS $ 1.3259
CAN $ 1.3317
US $ 1.2896
GBP (£) 0.8544
Sw Fr 1.2451
YEN 130.9320
CURRENCIES ($)
AUS $ 1.0282
CAN $ 1.0327
Euro 0.7754
GBP (£) 0.6626
Sw Fr 0.9655
YEN 101.5260
RATIOS & INDEXES
Gold / Silver61.78
Gold / Oil14.52
Dowjones / Gold10.98
COMMODITIES
Copper 3.30-0.08
WTI Oil 96.05-0.11
Nat. Gas 4.18-0.01
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category 
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 The Agreement is no longer in force.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
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...
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)
0.030+50.00%
TSX-V
CA$ 0.030
05/22 12:52 0.010
50%
Prev close Open
0.020 0.020
Low High
0.020 0.030
Year l/h YTD var.
0.020 -  0.040 -%
52 week l/h 52 week var.
0.020 -  0.050 -25.00%
Volume 1 month var.
216,400 50.00%
24hGold TrendPower© : 3
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
2013-40.00%
2012-16.67%0.070.03
2011-45.45%0.180.04
2010120.00%0.170.03
200966.67%0.070.03
 
5 years chart
 
3 months chart
 
3 months volume chart