Montoro Receives NI 43-101 Report On Wicheeda North, B.C. Canada - Rare Earth Element (REE) Project
Channel: RICH TV LIVE
Date: 01/05/2019

Montoro Receives NI 43-101 Report On Wicheeda North, B.C. Canada - Rare Earth Element (REE) Project - RICH TV LIVE - MAY 1, 2019 - Wicheeda North (REE) Project, British Columbia

Further to our news release of April 11, 2019; has received the NI 43-101 Report on the Wicheeda North property located in the Cariboo Mining Division, B.C., adjoining the well-known Wicheeda rare earth mineral discovery. The Company contracted Robert A. (Bob) Lane, M.Sc., P.Geo., of Vernon, B.C. to complete an NI 43-101 Report.

Conclusions and Recommendations:

Mr. Robert (Bob) Lane, P.Geo., reports. "The property has the potential to host, and should continue to be explored for, Rare Earth Element (REE) mineralization because it occurs within a favourable geological belt known to contain carbonatite-hosted REE mineralization such as the Main Zone on the Wicheeda (Defense Metals Corp.) property located approximately 10km to the southeast."

Although past exploration of the property was minimal, covering only the northeast part of the claims, it did identify several geophysical anomalies and one geochemical anomaly worthy of follow-up. Therefore, a comprehensive Phase 1 exploration program consisting of: reprocessing and reinterpretation of the airborne geophysical data & 3D inversion modelling (currently being conducted by Campbell & Walker Geophysics Ltd. of North Vancouver, B.C.); prospecting and bedrock mapping; and rock, silt and soil sampling is warranted and recommended.

The report titled ' Wicheeda North Rare Earth Element Project' by Robert A. (Bob) Lane - Plateau Minerals Corp. dated April 26, 2019 will be posted to SEDAR and to the IMT website at www.MontoroResources.com a.s.a.p.

Image: https://www.accesswire.com/uploads/05012019IMT1.jpg

Wicheeda North -Helicopter Borne AeroTEM Survey 2010 -Electromagnetic Response

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