Montero Mining and Exploration has given notice to terminate its option agreement over the Isabella East property which previously made up part of its Isabella gold-silver project. Assay results from 9 diamond drill holes testing vein targets on the Isabella East concessions were disappointing where no further work or property payments are [...]
Montero Mining and Exploration Ltd. has completed a total 19 diamond drill holes over 2,088 metres to test 4 vein target areas at its Isabella gold-silver project in Chile. All intersected quartz veins. The assay results for all half-core samples have been received from Andes Analytical Assay and ALS in Santiago. Montero previously reported assay [...]
Montero Mining and Exploration Ltd. is pleased to announce the commencement of exploration of its 170 km2 Avispa copper molybdenum exploration concessions located in the Atacama Desert of northern Chile. The Avispa project is situated within the well-defined north to south trending late Paleocene to early Eocene Cu-Mo porphyry belt of northern [...]
Montero Mining and Exploration Ltd. has mapped an area of extensive quartz veins in the newly staked Isabella Oriental concession block. Mapping has also been extended to the Docamavida area south of Isabella where a new style of gold occurrence has been discovered. Both areas are outside of the target areas undergoing drill testing by the Company [...]
Montero Mining and Exploration Ltd. filed a request for arbitration with the International Centre for Settlement of Investment Disputes on 8 January 2021. Subsequently on the 9 February 2021 the Secretary-General of the ICSID registered Montero's request for the institution of arbitration proceedings against the Government of Tanzania for the [...]
Montero Mining and Exploration Ltd. has been awarded exploration concessions covering 13,200 hectares in the Atacama Desert of northern Chile. More recently the Company submitted 14 new applications covering an additional 3,800 hectares adjoining the Avispa project to control a total of 17,000 hectares. Avispa is located about 40 km west of the [...]
Montero Mining and Exploration Ltd. has completed a total of 2,088 meters of diamond drilling and testing of 4 vein target areas at its Isabella gold-silver project in Chile. A total of 19 drill holes have been completed to date where multiple quartz veins and enclosing leucogranite microgranite were intersected in 17 holes. Half-core samples have [...]
Montero Mining and Exploration Ltd. is pleased to announce that it has conducted additional exploration work to support the potential for sediment-hosted mineralization south of the granite-sediment contact within the Isabella Project area. The Isabella Project is located approximately 200 km south of Santiago and 125 km south of Yamana's Minera [...]
Montero Mining and Exploration Ltd. has received confirmation of issuance of exploration licenses east and contiguous to the currently held Isabella claims. The new claims cover an additional 7 km of granite-sediment contact with reported granite-hosted quartz veins similar to those defined within Montero's Isabella East and Isabella West property [...]
Montero Mining and Exploration Ltd. has completed 1,096 m of a planned 2,800 m diamond drill program at its Isabella Gold Silver Project in Chile. At Isabella 2,600 m of drilling is planned to test gold silver mineralization within 4 separate vein targets and 200 m to test for breccia-type base-metal mineralization in sediments adjacent to the [...]
Montero Mining and Exploration Ltd. has filed an NI 43-101 compliant report titled, Technical Report for the Isabella Gold Silver Project, Licanten District, Region VII, Chile on SEDAR. A 2,600m drill program is underway at the Isabella Gold Silver Project to test 4 gold silver quartz veins targets within granite and a sedimentary hosted [...]
Montero Mining and Exploration Ltd. provides the following update on arbitration activities related to the expropriation of the Wigu Hill rare earth element Project by the Government of Tanzania. Montero is pleased to advise that it has completed a Litigation Funding Agreement with Omni Bridgeway Canada Limited an affiliate of the Litigation [...]
