Montero Mining and Exploration Ltd. is pleased to announce that initial drill testing of the Isabella Au-Ag mineralized, quartz vein systems has commenced. The Isabella Properties are located approximately 200 km south of Santiago and 125 km south of Yamana’s Minera Florida mine in the Southern Coastal Range of Chile . The current drilling [...]
Montero Mining and Exploration Ltd. has granted incentive stock options to the Board of Directors, Management and consultants. Subject to regulatory approval, Montero has granted 1,672,500 Stock Options to the Board of Directors, Management and consultants pursuant to the Corporation's incentive Stock Option Plan. The stock options are exercisable [...]
Montero Mining and Exploration Ltd. is pleased to announce that at the Company’s Annual General Meeting held Tuesday, December 15, 2020 , all resolutions proposed were duly passed by the shareholders of the Company. Shareholders of the Company elected Dr. Antony Harwood, Gregory Hall, Andrew Thomson, Jamie Levy and Jean des Rivieres as directors of [...]
Montero Mining and Exploration Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement offering composed of the sale of 16,666,667 units at a price of CAD$0.15 per Unit, for total gross proceeds of CAD$2,500,000. Each Unit is composed of one common share and one half of one Common Share purchase [...]
Montero Mining and Exploration Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement offering to up to $2,500,000, composed of the sale up to 16,666,666 units at a price of $0.15 per Unit. Closing of the Offering is expected to occur on or about December 2, 2020. Each Unit will consist of one [...]
Montero Mining and Exploration Ltd. is pleased to announce that it intends to complete a non-brokered private placement of up to 14,000,000 units at a price of CAD$.15 per Unit, for gross proceeds of up to CAD$2,100,000 . Closing of the Offering is expected to occur on or about December 2, 2020. Each Unit will consist of one common share and one [...]
Montero Mining and Exploration Ltd. has appointed Jean Des Rivi?res to the Board of Directors effective as of October 23, 2020. Jean des Rivi?res is a geologist by profession who worked for the past 23 years for the BHP group of companies. He first worked in Chile in 2002 and between 2005 to 2019 lived a total of 10 years in Santiago, Chile. For [...]
Montero Mining and Exploration Ltd. has completed its first exploration campaign at the Isabella Gold Project in the Southern Coastal Range of Chile. Isabella is located approximately 200 km south of Santiago and is situated at approximately 500 m elevation . Montero recently completed the purchase of a 100 % interest in a Chilean corporation that [...]
Montero Mining and Exploration Ltd. has initiated exploration of the Isabella gold silver project located approximately 200 km south of Santiago and 125 km south of Yamana’s Minera Florida mine in the Southern Coastal Range of Chile. The Company has tied up mineral rights to exploration claims that cover an area of 67 km2 and make up the [...]
Montero Mining and Exploration Ltd. has signed a Binding Purchase and Sale Agreement to acquire a 100% interest in a private Chilean company which holds various mineral rights to exploration claims that make up the Isabella Gold Silver Project in Chile. Isabella’s exploration claims cover an area of 67km2. The Agreement is subject to corporate and [...]
Montero Mining and Exploration Ltd. has seen a decline in battery metal prices over the last 12 months which has been exacerbated by the COVID-19 pandemic and its effect on global economics. For these reasons the board has decided to change the Company focus to that of exploration for gold deposits in Latin America. Montero’s board of directors and [...]
Montero Mining and Exploration Ltd. reports that on January 17, 2020 it has delivered a Notice of Intent to Submit a Claim to Arbitration to the Attorney General of Tanzania in accordance with the 2013 Agreement for the Promotion and Reciprocal Protection of Investments in the Bilateral Investment Treaty between Canada and the United Republic of [...]
