Mr. Gary Musil reports

INTERNATIONAL MONTORO RESOURCES INC.: HIGHLY ANOMALOUS ASSAY RESULTS FROM PECORS DRILL HOLE #1

International Montoro Resources Inc. has received preliminary assay results from hole No. 1 at the Pecors magnetic anomaly.

Of particular importance, the sample interval from 916.5 metres to 933.95 metres (17.45 metres -- visually estimated 1 per cent to 3 per cent sulphides), which originated in the base of the gabbro intrusion, reinforces the geophysical and geochemical evidence that the Pecors target may host a new deposit type (nickel-copper-platinum group element) in the Elliot Lake mining camp west of Sudbury. Assays for 19 samples were received, with results as shown.

                                                        Total
From (m)     To (m)    Au ppm    Pt ppm    Pd ppm  Pt, Pd, Au  Cu ppm  Ni ppm

916.5         917.5     0.008     0.040     0.013       0.061     433     283
917.5         918.5     0.033     0.363     0.113       0.509   1,770     624
918.5         919.5     0.022     0.314     0.064       0.400   1,670     464
919.5         920.5     0.044     0.353     0.093       0.490   1,620     571
920.5         921.5     0.023     0.247     0.108       0.378     814     336
921.5         922.5     0.009     0.120     0.058       0.187     565     385
922.5         923.5     0.024     0.327     0.095       0.446   1,450     420
923.5         924.5     0.026     0.269     0.076       0.371   1,330     455
924.5         925.5     0.014     0.206     0.071       0.291     676     343
925.5         926.5     0.011     0.114     0.049       0.174     528     294
926.5         927.5     0.017     0.283     0.108       0.408     632     335
927.5         928.5     0.009     0.116     0.039       0.164     395     243
928.5         929.5     0.062     0.095     0.032       0.189   1,180     272
929.5         930.5     0.004     0.025     0.011       0.040     197      69
930.5         931.5     0.006     0.027     0.010       0.043     268      86
931.5         932.5     0.005     0.022     0.002       0.029     364      91
932.5         932.8     0.016     0.070     0.033       0.119     508     149
932.8        932.95     0.020     0.118     0.035       0.173     706     605
932.95       933.95     0.002     0.007     0.006       0.015     218     246

Two significant intersections to note are:

1. 917.5 metres to 929.5 metres -- 12 m of 0.33 gram per tonne TPM (platinum, palladium, gold), 0.11 per cent copper and 0.04 per cent nickel;
2. 917.5 metres to 920.5 metres -- three m of 0.47 g/t TPM, 0.17 per cent Cu and 0.06 per cent Ni.

Don Hawke, PGeo, commented: "The copper and nickel values were anticipated from the visual inspection and logging of the core. However, the anomalous PGE values were unexpected, and as a result an additional expanded sampling program has been undertaken on hole No. 1." This work is complete, and the samples have been submitted to Agat Laboratories in Sudbury, Ont., an ISO 9001 certified facility that is also accredited to ISO/IEC 17025 standards. Additional results will be released as they are received and compiled.

Montoro is also awaiting the final report from the downhole probe BH UTEM geophysical survey of hole No. 1, as well as petrographic analysis to better understand the mineralogy and petrology of the gabbro and its contained sulphide mineralization.

Everett Makela, PGeo, formerly Vale SA's principal geologist for North America and current adviser to Montoro, stated that: "Textures observed in the core indicate that the Serpent gabbro assimilated Archean volcanic sulphur source rocks during a turbulent, high-temperature final emplacement event. The highly anomalous copper, nickel, platinum, palladium and gold values obtained from sampling of weakly sulphide mineralized inclusion-bearing gabbro indicates that sulphur saturation occurred at a stage when the sulphide liquid has significant opportunity to scavenge metals from the surrounding silicate melt. In particular, the nickel concentrations indicate an early saturation event, before silicate crystallization tied up available nickel. Centimetre-scale sulphide blebs consisting of pyrrhotite rimmed by chalcopyrite witness coalescence of the sulphide liquid, lending encouragement for the discovery of massive sulphide deposits with economic tenors."

Gary Musil, president and chief executive officer of Montoro Resources, commented: "Pecors is indeed a favourable setting for new deposit (nickel-copper-PGE) type mineralization, which marks a significant advancement of the exploration model for the district. The Pecors magnetic anomaly is open to depth and in all directions."

Pecors hole No. 2

The hole encountered the favourable gabbro at 650 m and continued in the same rock to the depth capacity of the drill at 1,317 m. Within the gabbro a 70-metre section contained numerous fragments, xenoliths and rafts of mafic volcanics, cherty sulphide-rich exhalite and sulphide facies iron formation. The gabbro within this interval is variably mineralized with disseminated pyrrhotite and chalcopyrite (less than 1 per cent to 15 per cent, visually estimated). This indicates that the magma had access to a sulphur source, a condition that is considered important for the formation of accumulations of massive Cu-Ni-PGE sulphide mineralization within the magma chamber. The mineralized core has been sampled and sent for assay at Agat labs in Sudbury, Ont.

Lamontagne Geophysics will also be conducting a BH UTEM 4 downhole probe on PDH-2 this month. These data combined with PDH-1 will give Montoro almost continuous below-surface geophysical coverage for 1,200 m, as well a further 300 m below each hole.

Canadian Mining Expo -- May 27 and 28, 2015 -- Timmins, Ont.

Montoro will be exhibiting at the Canadian Mining Expo, McIntyre Community Centre, in Timmins, Ont. The company would like to invite you to meet the Montoro team at Arena No. 1, Booth R No. 1-15. Drill core from PDH-1 will be on exhibit at the booth.

Times:  May 27: 10 a.m. to 6 p.m.; May 28: 9 a.m. to 4 p.m.

For more info or to register for any of the events, visit the Canadian Mining Expo website.

Qualified person

The above information has been reviewed and approved by Don Hawke, MSc, PGeo, consulting geologist for Montoro and a qualified person as defined by National Instrument 43-101 regulations.

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