Corporate Profile

Montero Mining & Exploration Ltd is a mineral exploration and development company focused primarily on the exploration, discovery and development of mineral properties in Africa. The Montero management team and Board of directors are experienced in gold, base metals, rare metals and bulk commodities. Montero has discovered Rare Earth Elements ("REE") and phosphate deposits in geographically prospective and under-explored regions in Tanzania and South Africa. Montero’s primary assets are the Wigu Hill Property in Tanzania and the Duyker Eiland phosphate project in South Africa. The Wigu Hill Property has revealed high REE grades with a large resource potential and strategy is to further explore and develop the property to a mining stage. Montero phosphate exploration properties in South Africa are being taken to feasibility study by a strategic funding partner.

Corporate Vision

Montero Mining & Exploration aims to create value by utilising its Management and Board skills base to create value by taking exploration properties up the value curve from discovery through feasibility and development to a mining stage. Montero with its current REE's and phosphates projects have drilled discovery holes and developed NI43-101 compliant Resources and Preliminary Economic Assessment on which to advance these for sale or joint venture to mine development. Montero will also use its skills base and network in Africa to acquire other exploration and development projects through direct license application, joint venture or acquisition and create value from such projects.

  • Development and further exploration of the Wigu Hill REE project in Tanzania
  • Development of the phosphate projects in South Africa
  • Increase shareholder return by finding exploration stage projects and developing these through successful exploration and taking them to a development stage for joint venture or sale
  • Conduct our business in a sustainable manner taking into account all stakeholders including local communities and the environment while maintaining the highest safety standards for all our personnel