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Montoro Options 75% Interest in Chuchinka Rare Earth Element Property to Electric Metals Inc.
Jun. 11, 2010 12:56PM PST
Rare Earth InvestingInternational Montoro Resources Inc. (TSX VENTURE:IMT)(PINK SHEETS:IMTFF)(FRANKFURT:O4T) reported the signing of an Option Agreement with Electric Metals Inc. (TSX VENTURE:EMI.A) whereby Electric Metals can earn a 75% interest in Montoro’s Chuchinka property in north-central British Columbia.
International Montoro Resources Inc. (TSX VENTURE:IMT)(PINK SHEETS:IMTFF)(FRANKFURT:O4T) reported the signing of an Option Agreement with Electric Metals Inc. (TSX VENTURE:EMI.A) whereby Electric Metals can earn a 75% interest in Montoro’s Chuchinka property in north-central British Columbia.
The press release is quoted as saying:
Montoro recently acquired 2268 ha (5 claims – the Chuchinka property) contiguous to an adjoining a recently 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.
Click here to access the entire press release
Click here to access International Montoro Resources Corporate Site