News

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

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

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

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

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

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

Toronto, 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

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

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

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