Montero Mining & Exploration is a mineral exploration and development company focused primarily on the exploration, discovery and development of grass-roots Rare Earth Elements (“REE”) and phosphate deposits in geographically prospective under-explored regions in Tanzania and South Africa. Montero is actively engaged in the identification, acquisition, evaluation and exploration of mineral properties, and holds exploration licences on properties in Tanzania and South Africa. Montero’s primary asset is the Wigu Hill Property in Tanzania. Sampling from the Wigu Hill Property has revealed high REE grades, and Montero's growth strategy is to explore and develop the Wigu Hill Property. Montero also holds interests in phosphate exploration properties in South Africa.
Montero Mining & Exploration aims to build a portfolio of REE projects through application, acquisition and exploration and to potentially bring such projects to eventual production.
- Exploration and development of the high grade Wigu Hill REE project in Tanzania
- Increase shareholder value by building building a successful exploration and development company.
- Conduct business in a sustainable manner taking into account all stakeholders