News
Update on ICSID Arbitration against the Government of Tanzania for the Expropriation of the Wigu Hill project
April 12, 2022 | Click for more infoToronto, 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
March 14, 2022 | Click for more infoToronto, 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
November 29, 2021 | Click for more infoToronto, 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
November 17, 2021 | Click for more infoToronto, 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
September 1, 2021 | Click for more infoToronto, 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 Reports Drill Results for all Zones at the Isabella Gold-Silver Project
June 24, 2021 | Click for more infoToronto, Ontario – June 24, 2021 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has completed a total 19 diamond Drillholes over 2,088 metres to test 4 vein target areas (Figure 1) at its Isabella gold-silver project in Chile. All intersected quartz veins. The assay results for all half-core samples have… Read more
Montero Initiates Exploration Program on the Avispa Copper-Molybdenum Property, Chile
June 15, 2021 | Click for more infoToronto, 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
June 7, 2021 | Click for more infoToronto, 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
May 27, 2021 | Click for more infoToronto, 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
April 21, 2021 | Click for more infoToronto, 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