( 3D Video) Montoro, Defines (2) Massive Sulphide - Nickel, Copper, PGE & Gold targets in Ontario, Canada
( 3D Video)
Montoro, Defines (2) Massive Sulphide - Nickel, Copper, PGE &
Gold targets in Ontario, Canada
Vancouver, B.C.
--December 3, 2019 -- InvestorsHub NewsWire -- International
Montoro Resources Inc. (TSX-V: IMT), (Frankfurt: O4T1),
(the
“Company”).
Pecors Anomaly overall dimensions are now 5.7 km x
4.2 km x 2.2km, double previous estimates.
Further compilation of the Geotech ZTEM survey data defines (2)
high probability massive sulphide targets (conductive &
magnetic).
Pecors Anomaly Compilation
Expands the Area of Interest:
Further to our
news release of September 10, 2019. Mira Geosciences has
completed the compilation of exploration data on the Pecors –
Serpent River, Nickel, Copper, Gold, Platinum/Palladium Project
into its Geoscience Analyst (3-D) visualization and exploration
platform.
In our March
12, 2019 news release of the 3D Geotech inversion data we got the
(top down view) (Link) of
the Pecors (EM) anomaly. In September 2019 through Geoscience
Analyst we were able to view our Pecors project in a 3D/interactive
platform (underground view) –(Link) With
the addition of the Geotech ZTEM MVI Inversion Magnetic survey
derived data, the Pecors Anomaly overall dimensions are now
5.7 km (length) x 4.2 km x 2.2km, double previous
estimates.
(3D Video of
Overall Diemensions of Pecors Anomaly (Conductive+Magnetic)
below. (Link)
Figure 2
Further
compilation of the Geotech ZTEM survey data defines (2) high
probability massive sulphide targets (conductive &
magnetic).
Gary Musil
comments;
“As the 3D
graphic and accompanying 3D video indicates we now have (2)
distinct anomalous areas: (Magnetic/Red) featuring a TMI
(Total Magnetic Intensity) of 57,000 nT (Nano Teslas) and a
(Conductive/ Gold) 33 ohms.”
Utilizing data
from our 2007 VTEM survey and a
subsequent 3D model by L.E. Reed Geophysical Consultant
Inc., the Company completed a 2322 meter
(2 hole) drill program to probe the source of the Magnetic
Anomaly. Drill hole P-15-22 (1 km) intersected a gabbro
body – the source of the magnetic anomaly –yielding minor sulphides
that contained Ni, Cu, PGE values near the base. Drill hole
P-15-23 also intersected the gabbro (magnetic anomaly) and the
results indicate we may have made contact with the
Conductive Anomaly returning low grade Gold,
Platinum, Palladium, Copper and Nickel values from core
samples. These assays also correlate with the Crone
Geophysics downhole probe data from P-15-23.
Gary Musil further comments;
“In essence we are exploring for a massive
sulphide Ni,Cu, PGE, Au deposit. The Geotech ZTEM survey sensors
indicate where buried conductive and magnetic sulphide anomolies
are, and derives quantative values for each. In 2015 we
discovered (1-15%) sulphides (pyrrhotite,
chalcopyrite and pyrite)
which are some of the
sulphides attributed to many of the world’s significant massive
sulphide Nickel/Copper/Platinum//Palladium/Gold deposits. Our
conductive result (3 ohms) compares very favorably with the Voisey
Bay, Eastern Deeps deposits - Geotech ZTEM data.
Within the conductive (Gold) portion is a “bull’s eye” area
(Geotech 2018 ZTEM for Pecors) featuring a conductive value
estimated to be approximately (3 ohms) below (Figure
3). Below (Figure 4) 2007
Geotech ZTEM survey data for Voisey bay Eastern deeps (1-5 ohms), a
lower ohms value is more prospective “. (Link) (see
Company website).
Figure 3
(above)
Figure 4
(above)
“Sulfide
minerals associated with sulfide-rich Ni-Cu-PGE deposits are highly
conductive, and massive to semi-massive occurrences present highly
favorable EM targets (King, 2007). The EM methods have been particularly helpful with the
Voisey’s Bay deposits and a variety of frequency- and time-domain
methods have been successfully applied there” (Balch, 1999; King,
2007; Ford and others, 2007).USGS report 2010 - 5070
A further
explanation: USGS Report 2010 5070 - Occurrence Model for
Magmatic Sulfide Rich Nickel-Copper-(Platinum-Group Element)
Deposits Related to Mafic and Ultramafic Dike-Sill
Complexes.” In most deposits, the sulfide mineralization can be divided
into disseminated, matrix or net, and massive sulfide, depending on
a combination of the sulfide content of the rock and the silicate
texture. The major Ni-Cu sulfide mineralogy typically consists of
an intergrowth of pyrrhotite (Fe7 S8 ),
pentlandite ([Fe, Ni]9 S8 ), and
chalcopyrite (FeCuS2 ). Cobalt, PGE, and gold (Au)
are extracted from most magmatic Ni-Cu ores as byproducts, although
such elements can have a significant impact on the economics in
some deposits, such as the Noril’sk-Talnakh deposits, which produce
much of the world’s palladium.” (Barnes and Lightfoot, 2005) https://pubs.usgs.gov/sir/2010/5070/i/pdf/sir2010-5070i.pdf
Data from 2015 Drill program, Geotech
ZTEM survey, in Mira Geoscience Analyst
(below)
Qualified
Person:
The above
information has been reviewed and approved by Don Hawke, MSc.,
P.Geo, consulting geologist for Montoro and a Qualified Person as
defined by National Instrument
43-101.
ON BEHALF OF THE
BOARD
“Gary
Musil”
Gary Musil,
President/CEO and
Director
Disclaimer for
Forward-Looking Information:
Certain
statements in this release are forward-looking statements which
reflect the expectations of management. Forward-looking statements
consist of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such statements are subject to risks
and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from them.
These forward-looking statements reflect management's current views
and are based on certain expectations, estimates and assumptions
which may prove to be incorrect.
Neither 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.
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