Debbie Toronto, Ontario – March 13, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) announces that it is extending the final closing date of its non-brokered private placement offering (the “Offering”) previously announced on February 5, 2018. The new final closing date, subject to the approval by the TSX Venture (“TSX-V”), will … Read more
Toronto, Ontario – March 6, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) has entered into a binding Heads of Agreement (“HOA”) with Namib Base Minerals CC (“NBM”) and Namibia Silica CC (“NBS”) (collectively the “Owners”) to acquire a 95% interest in the Uis Lithium-Tin Tailings Project (“Project”) in Namibia. The … Read more
Toronto, Ontario – March 5, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) has entered into a Letter of Intent (“LOI”) with Mr Esegiel Xamseb, a Namibian national, to acquire an 80% interest in the wholly-owned Exclusive Prospecting License 6162 (“EPL 6162” or the “Property”) for exploration of lithium, base, rare and … Read more
TORONTO, Feb. 05, 2018 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V:MON) (“Montero” or the “Corporation”) is pleased to announce that it intends to complete a non-brokered private placement of up to 4,000,000 units (“Units”) at a price of $0.28 per Unit, for gross proceeds of approximately $1,120,000 (the “Offering”). Closing of the Offering … Read more
TORONTO, Jan. 09, 2018 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V:MON) has completed assaying for lithium of all of the available reverse circulation (RC) chips from a historical RC drill program conducted at the Soris Lithium project. The prior operator did not assay for lithium. The results have been assessed and positive lithium … Read more
TORONTO, Dec. 06, 2017 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V:MON) has received positive mineralogical results from surface samples taken during an initial grab sampling program on its Soris Lithium Project in central Namibia. Results confirm that spodumene is the dominant lithium mineral. The mineralogical samples were collected from three main workings from … Read more
TORONTO, Nov. 28, 2017 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSXV:MON) has received positive lithium assay results from reverse circulation (RC) chips from a prior operators RC drill program at the Soris Lithium project. The prior operators RC drill program only assayed for the tantalum, tin and niobium content of the pegmatite and … Read more
TORONTO, Nov. 16, 2017 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V:MON) has completed an initial channel sampling program at the Soris Lithium Project in central Namibia which returned an average lithium grade of 0.76% Li2O with values up to 3.66% Li2O from all channel samples. The best result from channel sampling returned 14 … Read more
TORONTO, Nov. 01, 2017 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V:MON) (“Montero”) has completed an initial grab sampling program on its Soris Lithium Project in central Namibia. On October 24, 2017, Montero announced entering into a Letter of Intent (LOI) with Frovio Investment, a Namibian company, to acquire up to an 80% interest … Read more
TORONTO, Oct. 24, 2017 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V:MON) (“Montero” or the “Corporation”) has entered into a Letter of Intent (LOI) with Frovio Investment, a Namibian company, to acquire up to an 80% interest in its wholly owned Soris Lithium Project in the Soris pegmatite field, Namibia (the “Property”). The agreement … Read more