News

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

Update on ICSID Arbitration against the Government of Tanzania for the Expropriation of the Wigu Hill project

Toronto, Ontario – April 12, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides the following update on the arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over Tanzania’s expropriation of the Wigu Hill rare earth element project before International Centre for Settlement of Investment Disputes’ (“ICSID”).   The… Read more

Montero Consolidates Property Holdings at the Avispa Copper-Molybdenum Property, Chile

Toronto, Ontario – March 14. 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) continues to consolidate its property holdings at the Avispa copper molybdenum project located in the Atacama Desert of northern Chile. The company has finalized the regulatory process for 200.8 km2 of exploration concessions that includes the original… 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