International Montoro Provides Drilling, Probing and 3D Video Update on Pecors

International Montoro Resources (TSXV:IMT) announced an update of the Pecors – Serpent River, Elliot Lake exploration program.
As quoted from the press release:

The Pecors Anomaly was initially defined by two coincidental government surveys (magnetic and gravity). Geochemical values and recommendations from reports authored by the OGS, (See OGS Survey – Elliot Lake –Sault Ste. Marie Area Lake Sediment Geochemical Survey, Northeastern Ontario-2010) lead Montoro to commission a geophysical specialist to further interpret the VTEM airborne survey data. Two reports: Reed, L.E. 2011. Notes on the Response of the Pecors Magnetic Anomaly; and Reed, L.E. 2014. Report on A Review of Airborne EM and Magnetic Surveying on the Pecors Magnetic Anomaly afforded Montoro information to position the first two drill holes.
L.E. Reed’s 3D modelling indicated that the Pecors MAG anomaly (which has a NNE-SSW orientation with the inversion block indicating an approximate length of seven km and width of three km, and a maximum estimated depth of almost two km), was shallowest at the southern end.

PECORS Drill hole #2 – Crone Geophysics 3D Borehole Pulse EM-Video from Follow me on Twitter @Stockshaman

Pecors Hole #2 (“PDH-2”)
Crone Geophysics & Exploration Ltd. (“Crone”) of Ontario completed the probing to the bottom of hole PDH-2 at 1317m utilizing its 3-D Borehole Pulse EM System. The system has a 400m radius or more from the probe. This data set combined with information from PDH-1 gives Montoro continuous below surface geophysical coverage for an area 1400 m long, 600-800m wide, as well as a further 400m below PDH-2.
Results of the probing indicated that two distinct conductive anomalies were detected and modelled at a depth of about 580 to 590 metres down the hole and 975 to 1021 metres down the hole. The shallow anomaly is 75 metres from the hole and it coincides with the contact between Huronian conglomerate and basalt. Concentrations of up to 10% disseminated pyrite were noted in the logs at this point.
The second anomaly is about 70 metres from the hole and it coincides with a thick gabbro unit containing numerous older volcanic xenoliths <1 to 11 metres thick. The xenoliths consist of chert, pyritic exhalite, basalt and sulphide facies iron formation and in the host gabbro 1-8% disseminated pyrrhotite, chalcopyrite and pyrite were noted. These xenoliths indicate that the magma had access to a source of sulphur a factor that is considered important to the formation of magmatic sulphide deposits. It should be noted that the hole was stopped at a depth of 1317 metres due to the capacity of the drill rig and before the prospective lower contact area of the gabbro was reached.

International Montoro Resources CEO/President, Gary Musil, stated: 

Montoro’s Serpent River property, located 15km east of Elliot Lake, Ontario has been a very fruitful (geologically speaking) acquisition. The property hosts both a historical resource of U3O8 (Pecors East Zone estimated 20 million tons @ .037% or 14.8 million lbs. U308) and a REE discovery. For further information review our website property page at www.MontoroResources.com.” However, as a result of work completed by the Ontario Geological Survey (OGS) in 2009, our attention shifted to the northwest on the Serpent River property and the reexamination of a strong geophysical anomaly defined as “Pecors”

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