Archive for 2021

Q and A With Montero Mining’s CEO and President Dr Tony Harwood

Creating value by staking the Avispa copper project in Chile   1.      Montero Mining recently kicked off its Phase 1 field exploration programme on its Avispa property in Chile’s Atacama Desert. Please take us through the different exploration phases.   The property has previously seen exploration by BHP and other miners, with wide-spaced drilling of… Read more

Montero’s Compensation Claim for Damages for the Expropriation of the Wigu Hill Project Underway

Toronto, Ontario – November 29, 2021 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) is pleased to announce that the dispute resolution process dealing with the expropriation of the Wigu Hill rare earth element project in Tanzania is now underway. The International Centre for Settlement of Investment Disputes’ (“ICSID”) arbitration tribunal… Read more

Montero Advances Exploration at the Avispa Copper-Molybdenum Project in Chile

Toronto, Ontario – November 17, 2021 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has started a detailed field work program on its Avispa copper-molybdenum exploration concessions in Chile, following its successful completion of reconnaissance exploration on the property. The Avispa project covers 17,000-hectares (170 km2) in the Atacama Desert of… Read more

Montero Terminates Isabella East Option Agreement

Toronto, Ontario – September 1, 2021 – Montero Mining and Exploration Ltd. (TSX-V: MON) has given notice to terminate its option agreement over the Isabella East property which previously made up part of its Isabella gold-silver project in Chile. Assay results from 9 diamond drill holes (ISB20-11 to ISB20-19) testing vein targets on the Isabella… Read more

Montero Initiates Exploration Program on the Avispa Copper-Molybdenum Property, Chile

Toronto, Ontario – June 15, 2021 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) is pleased to announce the commencement of exploration of its 170 km2 Avispa copper molybdenum exploration concessions (Avispa or the “property”) located in the Atacama Desert of northern Chile. The Avispa project is situated within the well-defined… Read more

Detailed Mapping Identifies Areas of Extensive Quartz Veins and Discovers New Gold Occurrence at Isabella Project, Chile

Toronto, Ontario – June 7, 2021 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has mapped an area of extensive quartz veins in the newly staked Isabella Oriental concession block. Mapping has also been extended to the Docamavida area south of Isabella where a new style of gold occurrence has been… Read more

Montero Provides Update on the Expropriation of the Wigu Hill Rare Earth Deposit in Tanzania

Toronto, Ontario – May 27, 2021 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) filed a request for arbitration with the International Centre for Settlement of Investment Disputes (ICSID) on 8 January 2021. Subsequently on the 9 February 2021 the Secretary-General of the ICSID registered Montero’s request for the institution of… Read more

Montero Awarded Exploration Concessions and Expands Land Package Over Copper Molybdenum Porphyry Target, Chile

Toronto, Ontario – April 21, 2021 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has been awarded exploration concessions covering 13,200 hectares (the “Avispa project” or “Property”) in the Atacama Desert of northern Chile.  More recently the Company submitted 14 new applications covering an additional 3,800 hectares adjoining the Avispa project… Read more