News

Montero provides update on CAD$ 90 million ICSID arbitration claim against the Government of Tanzania

Toronto, Ontario – December 1, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides an update on Montero’s arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over the expropriation of the Wigu Hill rare earth element project (“Wigu Hill”) before the International Centre for Settlement of Investment Disputes (“ICSID”)…. Read more

Montero provides update on CAD$ 90 million ICSID arbitration claim against the Government of Tanzania

Toronto, Ontario – November 14, 2023 – Montero Mining and Exploration Ltd. (TSXV: MON) (“Montero” or the “Company”) provides an update on the arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over the expropriation of the Wigu Hill rare earth element project (“Wigu Hill”) before the International Centre for Settlement of Investment Disputes (“ICSID”)…. Read more

Montero comments on share price move

Toronto, Ontario – September 21, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides the following update on the move in Montero’s share price. Montero has a fully funded arbitration case underway for the expropriation of its Wigu Hill rare earth element project against the United Republic of Tanzania (“Tanzania”)…. Read more

Montero comments on share price move

Toronto, Ontario – July 21, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides the following update on the move in Montero’s share price. Montero has a fully funded arbitration case underway for the expropriation of its Wigu Hill rare earth element project against the United Republic of Tanzania (“Tanzania”)…. Read more

Montero bolsters legal team and provides update on CAD$ 90 million ICSID arbitration claim against the Government of Tanzania

Toronto, Ontario – April 25, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) is pleased to announce that it has engaged Timothy Foden of Boies Schiller Flexner (UK) LLP to act as co-counsel alongside Jeantet AARPI (“Jeantet”) in the ongoing arbitration against the United Republic of Tanzania (“Tanzania”). The Company… Read more

Independent geochemical modelling identifies Cu-Mo porphyry target at Montero’s Avispa project in Chile

Toronto, Ontario – September 27, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has received a positive report from Fathom Geophysics (“Fathom”) from the analysis of geochemical data on the Avispa property. The report entitled “3D footprint Modelling at Avispa” has generated a 3D conceptual target indicating the possible location… Read more

Lithological and drill chip pile sampling confirms anomalous Copper – Molybdenum values at the Avispa property in northern Chile

Toronto, Ontario – August 23, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) is reporting the assay results of surface geochemical sampling undertaken within areas of interest on the Avispa property (“Avispa “or “Project”). Company geologists collected lithological samples from the San Salvador River valley and from reverse circulation (RC)… Read more

Mapping confirms Copper – Molybdenum Porphyry potential at Montero’s Avispa project in northern Chile

Toronto, Ontario – August 16, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has completed initial geological mapping and geochemical sampling on its Avispa Copper Molybdenum Project in Chile. This work supports Montero’s belief the Avispa project area has been only cursorily explored for potential concealed copper molybdenum porphyry deposits… Read more

Montero announces change to the Board of Directors

Toronto, Ontario – August 10, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) announces the resignation of Jean des Rivieres, effective immediately as a member of the Board of Directors of the Company. The Board of Directors will look to fill the vacancy in the coming months.   Dr Tony… Read more

Montero seeks CAD$ 90,000,000 in damages from the Tanzanian Government for expropriation of the Wigu Hill project

Toronto, Ontario – July 28, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides an update on its fully funded arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over the expropriation of the Wigu Hill Rare Earth Element Project before International Centre for Settlement of Investment Disputes’ (“ICSID”), part… Read more