Montero Mining & Exploration Ltd is a mineral exploration and development company focused primarily on the exploration, discovery, and development of mineral properties in Africa and South America. The Montero management team and Board of directors are experienced in gold, base metals, rare metals, industrial minerals, and bulk commodities. Montero has previously made discoveries lithium deposits in Namibia and Chile, rare earth element deposit in Tanzania and phosphate deposits in South Africa.
The Company believes the recent spike in precious metal prices, at a time when companies are divesting non-core assets, presents a unique opportunity to refocus Montero on acquiring, exploring and defining precious metal resources. Montero is in the process of reducing its multiple country battery metal focus to further reduce costs while it adopts a precious metals focus.
The primary exploration focus is now gold and the Company is actively seeking gold opportunities.