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Montero Acquires Uis Lithium – Tin Tailings Project in Namibia
March 6, 2018 | Click for more infoToronto, 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
Montero Acquires a Lithium Exploration License in Namibia
March 5, 2018 | Click for more infoToronto, 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
Montero Announces $1,120,000 Non-Brokered Private Placement
February 5, 2018 | Click for more infoTORONTO, 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
Montero Reports on Historical RC Drill Chip Assaying Which Includes 44 Metres of 0.96% Lithium Oxide at the Soris Lithium Project
January 9, 2018 | Click for more infoTORONTO, 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
Montero Confirms Spodumene as the Dominant Lithium Mineral at the Soris Lithium Project in Namibia
December 6, 2017 | Click for more infoTORONTO, 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
Montero Reports 33 Metres of 1.07% Lithium From Reverse Circulation Chips at the Soris Lithium Project in Namibia
November 28, 2017 | Click for more infoTORONTO, 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
Montero Channel Sampling Returns 14 Metres of 1.93% Lithium Oxide at the Soris Lithium Project in Namibia
November 16, 2017 | Click for more infoTORONTO, 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
Montero Reports Grab Sample Results From the Soris Lithium Project in Namibia
November 1, 2017 | Click for more infoTORONTO, 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
Montero Acquires Soris Lithium Project in Namibia
October 24, 2017 | Click for more infoTORONTO, 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
Montero announces resignation of CFO and appointment of Interim CFO
October 20, 2017 | Click for more infoTORONTO, Oct. 20, 2017 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX.V:MON) (“Montero”) today announced that its Chief Financial Officer has resigned effective October 20, 2017. Montero has appointed Sheri Rempel as an Interim CFO, effective immediately. Ms Antonia Chapman has agreed to assist in a smooth transition and will remain a Director of… Read more