Mr. Gary Musil reports

MONTORO RECEIVES POSITIVE PRELIMINARY RESULTS FROM COMPLETED ZTEM HELICOPTER SURVEY OVER SERPENT RIVER- PECORS (Ni-Cu-PGE) , ELLIOT LAKE-ONTARIO PROPERTY.

Further to International Montoro Resources Inc.'s news release of June 27, 2018, Geotech Ltd. (doing business as Geotech Airborne) of Aurora, Ont., has provided the company with a preliminary report on the helicopter-borne Z-axis tipper electromagnetic (ZTEM) geophysical survey of approximately 280 line kilometres at 200-metre line spacing increasing further information to depths over 2,000 metres. Survey results should assist in better targeting the next phase of diamond drilling on its Serpent River-Pecors nickel-copper-platinum group element project. A 3-D inversion will be also be completed.

The ZTEM appears to identify a deep, gently east- and north-dipping conductive layer at about 750 metres that coincides with the magnetic features. The feature layer that is centred on the company's Pecors area block also remains open to the north.

These results are preliminary, and additional processing of the data should be completed in the next few weeks until receipt of the final report. The survey indicates similarities to the East Bull Lake intrusion in nearby Massey, Ont. ZTEM was successfully applied as follow-up to versatile time domain electromagnetic over magmatic massive sulphide (MMS) Ni-Cu deposits to determine their potential extensions to depth. These included the Ni-Cu-PGE prospect at Western Area-Mustang Minerals joint venture East Bull Lake Anorthosite in nearby Massey, Ont., where ZTEM successfully defined a deep PGE mineralized, troctolitic layer at 850 m depths that was originally identified in MT surveys from the 1980s.

National Instrument 43-101 dislosure

Jean M. Legault, MScA, PEng, PGeo, and chief geophysicist of Geotech, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information above in this news release as in reference to the ZTEM survey on the Pecors anomaly.

Sudbury area nickel in demand bodes well for Montoro advancing it Pecors Ni-Cu-PGE project

The recent announcements by Vale to invest $760-million in phase 1 of its Copper Cliff Deep mine, and Glencore's Sudbury integrated nickel operations $900-million development in its Onaping Depth project have received board approvals; and indicate a renewed confidence in the nickel market and potential of the Sudbury region. Both projects are being undertaken to replace declining production from established mines.

As reported in the Sudbury Mining Solutions Journal by Norm Tollinsky, "I don't think it's a surprise to anyone that most of our mines were facing declining production profiles," said Vale's Dave Stefanuto, vice-president of capital projects for the North Atlantic. "We need to find replacement volumes of ore, so we're starting to focus more on what we can do to start supplementing these declining orebodies."

Also reported in CBC news July 19, corporate affairs specialist with Vale Danica Pagnutti said, "The increase spending reflects a positive outlook for the future of the nickel market."

About International Montoro Resources Inc.

International Montoro is focused on advancing its 100-per-cent-owned Serpent River-Elliot Lake, Northern Ontario, Pecors magnetic anomaly -- a potential nickel/copper/platinum group element discovery. The property comprises 10 mineral claims (115 units), or approximately 1,840 hectares.

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