International Montoro Resources Inc.

International Montoro Resources Inc.
Belmont Resources Inc.

Belmont Resources Inc.

March 24, 2006 15:08 ET

International Montoro Resources Inc. & Belmont Resources Inc.: Drilling Contract Secured for Shaver Lake-Red Lake Mining Camp

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 24, 2006) - International Montoro Resources Inc. ("IMT") (TSX VENTURE:IMT) and Belmont Resources Inc. ("BEA") (TSX VENTURE:BEA) are pleased to announce that Chibougamau Diamond Drilling Ltd. have been contracted for the three to five hole, 525 to 800 metre diamond drilling program on its Shaver Lake area - Red Lake properties. The properties comprising 30 units (480 hectares) in Shaver/Bateman Townships, bordered by Rubicon along the north and westsides; by Rubicon/Goldcorp along the southwest and Goldcorp/MetalCORP Black Bear property to the northeast, are 100% owned by Montoro and Belmont (50% each).

Previous work on the properties was conducted by the Companies in 2004. A report of the geophysical survey was prepared by J.B. Boniwell, Exploration Geophysical Consultant. The ground work comprised 45.5 km of line cutting and ground grid. A ground grid of lines was put in place to facilitate and control the first surveying. The geophysical survey comprised 42.4 km of magnetic and VLF surveying spaced 50 metres apart over the line grid.

Mr. Boniwell reports:

"It is readily apparent in the VLF data that an anomaly is streaming to the northeast in even more definite fashion than to the south (Walsh Lake grid). This comes as no surprise since the country rocks here, the volcanics and sediments are being increasingly squeezed as they head northeast. Granite intrusions lie to the south and broadly to the north.

The magnetics for the area contain a fair amount of activity in the range 56,500 - 58,000 nT. Some of the highpoints are sharply resolved and indicate a bedded environment variously intruded under a comparatively thin cover. In terms of potential gold mineralization, the southern reaches of the area appear the more interesting. Here, there are more irregularities in the otherwise smooth continuum of contours, exemplified best by the prominent quasi-circular high in the south-centre of the area. By all appearance, this feature portrays an intrusive centre more mafic than its surrounds. It peaks at 360E on line 1100N.

There is evidence that it also sits on a major N-S fault line. The focus of this structure hence becomes a prospective target, and as it extends north from the intrusion, it is of some considerable note that it should thread a succession of magnetic lows as it does so. The closest two to the intrusive contact are also among the strongest in the area, but not the strongest. That distinction belongs to another magnetic low sitting 200m to grid East on line 1200N. In that location it too nestles in close to the granite contact and is eminent there.

Should interesting mineralization and/or alternation be encountered in the first 2 holes, then this section will offer immediate scope for in-fill drilling."

The Companies are further encouraged by recent area news releases; MetalCORP Limited - (TSX VENTURE:MTC) dated October 27, 2005 announcing they have commenced further drilling the Black Bear Gold Property on new targets discovered in the 2005 program. The Black Bear property is sandwiched between the Sidace Lake property and the East Bay properties to the southwest that is being explored by the Wolfden Resources/Placer Dome Joint Venture. The Sidace Lake property is presently being explored by Planet and Goldcorp. and encouraging results reported by Planet Exploration Inc. (TSX VENTURE:PXI) dated January 20, 2006 recommended further drilling and an aggressive 2006 winter exploration program already underway.


Gary Musil, CFO/Director

For further information visit the Companies websites at and The statements used in this Press Release may contain forward-looking statements that may involve a number if risks and uncertainties. Actual events or results could differ materially from the Companies forward-looking statements and expectations.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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