Projects

Montero Mining & Exploration is focused primarily on the exploration, discovery and development of mineral resources in Africa to create value for our shareholders and benefit stakeholders. The company has a Rare Earth Element (“REE”) and phosphate projects in geographically prospective and under-explored regions in Tanzania and South Africa. The Company is actively engaged in the identification, acquisition, evaluation and exploration of mineral properties, and actively looks for exploration properties throughout Africa.

Montero's primary asset is its 82% interest in the Wigu Hill Property in Tanzania. Sampling, trenching and drilling at the Wigu Hill Property has revealed high REE grades from the Property, and our strategy is to develop and further explore the Wigu Hill Property. Montero also holds interests in two phosphate exploration properties in South Africa.

Montero aims to build a portfolio of value add mineral projects through application, exploration and acquisition and potentially bring such projects to production through joint venture or outright sale. Montero intends to operate in an environmentally and socially responsible manner while adding value to all our stakeholders and shareholders. We are respectful of local communities in which we operate.