100% ownership in 1840 hectares and work assessment filed until 2017.

 Located about 13 km east of the City of Elliot Lake and 400 km northwest of Toronto. The Elliot Lake mining camp, once known as the "Uranium Capital of the World", has produced more than 138,500 tons (approx. 280 million pounds).

 Serpent River property covers approx. 4,000 m of contact. Rio Algom outlined a non- NI 43-101 compliant resource they call Pecors East Zone. Elliot Lake camp produced half of the world’s supply of Yttrium and was the only REE production in Canada’s history

 All necessary infrastructures are in place for further exploration, development and mining. Ontario ranks #16 best mining jurisdictions globally – Fraser Institute. Safe and mining friendly province.

Property page link: http://www.montoroesources.com/serpent-river

Of all the properties listed here, management feels that the Serpent River Project would be the quickest one to production in 3-5 years.

Phase 1 Drilling to test the strong geophysical Pecors magnetic anomaly in the northwest portion of the Serpent River property. The new interpretation concludes it may be the result of contact style nickel-copper-PGE mineralization similar to that found to the east at Sudbury. Two drill holes to depths up to 1000 meters, plus down hole probing, sampling and additional geophysical interpretations - $300,000.