Mr. Gary Musil reports

MONTORO ACQUIRES DUHAMEL - NICKEL, COPPER, COBALT PROSPECT - QUEBEC, CANADA

International Montoro Resources Inc. has entered into a purchase agreement to acquire a 100-per-cent interest in the Duhamel property 200 kilometres northwest of the city of Saguenay, Que., in the Saquenay-Lac-Sain-Jean region. The Duhamel property consists of nine mineral claims comprising 500 hectares located 14 km west of Arianne Phosphate Inc.'s Lac a Paul open-pit phosphate mine. Geology/deposit type: sulphide mineralization associated to mafic magmatic intrusion.

Historical exploration: Previous exploration on the property carried by Virginia Gold Mines consisted of high-definition airborne mag/EM survey, geological mapping, prospecting and drilling. Some preliminary results retrieved from the Quebec Mineral Assessment files indicated drill intersections as follows: (GM 58807)

• DDH 1279-00-05: 1.27 per cent nickel (Ni), 0.24 per cent copper (Cu) and 0.12 per cent cobalt (Co) over three metres at 17.9-metre depth; 1.27 per cent Ni, 0.33 per cent Cu, and 900 parts per million Co over 0.9 metre at 91.2-metre depth;
• DDH 1279-00-06: 0.86 per cent Ni, 0.13 per cent Cu and 800 ppm Co over 1.5 metres at 30.7-metre depth;
• (GM 59143) DDH 1279-01-31: 1,237 ppm Ni, 930 ppm Cu and 240 ppm Co over 0.5 metre;
• DDH 1279-01-34: 0.27 per cent Ni, 0.82 per cent Cu and 0.19 per cent Co over 0.3 metre.

All previous work is of a historical nature. The work was conducted prior to implementation of National Instrument 43-101 standards and assay results cannot necessarily be relied upon. International Montoro intends to confirm the reported mineralization with the company's own sampling program.

Conclusions

The company is arranging the staking of additional mineral claims adjoining the original Duhamel property.

Acquisition terms:

In consideration for a 100-per-cent interest in the Duhamel property, the company will make the following payments:

• Paying to the vendor's the sum of $10,000 upon signing (paid);
• Issuing to the vendor's an aggregate of one million common shares of the company, at a deemed value of five cents per share;
• Paying to the vendor's an additional $50,000 or at the discretion of the company additional shares at 12 months from exchange approval;
• Paying to the vendor's an additional $50,000 or at the discretion of the company additional shares at 24 months from exchange approval;
• Incurring or financing $150,000 in exploration on the Duhamel property:
  • Twenty-five thousand dollars on or before 12 months from exchange approval;
  • An additional $50,000 on or before 24 months from exchange approval;
  • An additional $75,000 on or before 36 months from exchange approval.

All common shares issued herein will be issued as fully paid and subject to such resale restrictions and hold periods as may be imposed by applicable securities legislation and the exchange.

The company is acquiring the Duhamel property as a secondary property and will continue to focus near-term exploration and development efforts on its wholly owned Serpent River-Pecors Ni-Cu-PGE discovery. The company anticipates conducting a field exploration program on the Duhamel property as soon as weather conditions permit. In the coming weeks, the company with the vendors will complete a review of all historic information in advance of the proposed Duhamel property exploration program.

National Instrument 43-101 disclosure

Yves Caron, PGeo, MSc, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release as is reference to the Duhamel property.

Finder's fee

The company will pay a finder's fee of 10 per cent as per regulatory guidelines to an eligible party in connection with this agreement; payable either in cash and/or in shares. The common shares are subject to a statutory hold period and exchange acceptance.

About International Montoro Resources Inc.

Montoro is focused on advancing its 100-per-cent-owned Serpent River-Elliot Lake, Northern Ontario, Pecors magnetic anomaly -- a potential Ni-Cu-platinum group element discovery. The southwestern portion of the property has located uranium/REE (rare-earth-element) mineralization from previous drilling in the general area where Rio Algom discovered uranium. The property comprises 10 mineral claims (115 units) or approximately 1,840 hectares.

We seek Safe Harbor.