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Smartstox.com Profiles International Montoro's Uranium Exploration Progress
Smartstox.com Profiles International Montoro's Uranium Exploration Progress
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[{"type":"text","content":"\nSmartstox.com Profiles International Montoro's Uranium Exploration Progress\n\n\n Apr. 8, 2009 (Baystreet.ca) -- Vancouver, British Columbia, April 8, 2009. The Smartstox Online TV Talk Show is alerting subscribers and other resource stock investors to the availability of a new interview with the management of junior uranium explorer International Montoro Resources Inc. (TSX VENTURE: IMT).\nThis past December Montoro entered into a joint venture on their prospective Crackingstone property to Merrex Gold Inc. who has committed to spend $1.4 million in the first option year and $2.4 million in the second to earn a 50% interest in the holding. The 2008 drill program at Crackingstone returned assay results up to 2.087% U3O8 (or 41.74 lbs./ton) over 0.3 metres, which was within a broader 3.0m intersection that assayed 0.36% U3O8 (7.19 lbs./ton); another hole intersected 10.6 metres of 0.182% (3.63 lbs./ton) U3O8.\nMontoro’s 100% owned Serpent River property in the famous Elliot Lake, Ontario uranium camp had an historical (non NI43-101) resource estimate developed by Rio Algom that showed an indicated resource of 20,000,000 tons grading 0.037% (0.74 lbs./t) U308 or 14,800,000 lbs. U308.\nThese two advanced holdings, along with their uranium exploration properties across Canada, will provide International Montoro shareholders with leverage to the rising global demand for uranium. Gary Musil, president of International Montoro, tells us more about the company and their projects in our Smartstox interview available at http://www.smartstox.com/interviews/imt.php.\nTo view our full interview line-up, visit http://www.smartstox.com.\nSmartstox.com provides investment-related content through video and audio interviews with the management of small cap companies, along with written profiles on those groups. To view the full Smartstox interview line-up, visit http://www.smartstox.com.\nThe content prepared by DSMA/Smartstox is for informational purposes only. Any third party statement and/or opinion and/or any forward-looking statement expressed within any DSMA/Smartstox content shall not be considered a recommendation or endorsement from DSMA/Smartstox to buy or sell securities from companies profiled by Smartstox. The information in DSMA/Smartstox content has not been approved or disapproved by any securities authority.\n\n Newstex ...