Montero Mining & Exploration Ltd. is focused primarily on the exploration, discovery, and development of gold resources in Chile to create value for our shareholders and benefit all stakeholders.
The Company has acquired the Isabella gold project and is disposing of its legacy assets.
Montero has geologists and administrative staff based in Chile.
The Company’s aim is to bring to account gold exploration projects by targeted application or acquisition and advancing these through exploration and development to joint venture or outright sale.
Montero operates in an environmentally and socially responsible manner while adding value to all our stakeholders and shareholders. We are respectful of local communities in which we operate.
Republic of Chile
Chile is a Tier 1 global mining investment destination and is recognized as the mining capital of Latin America. Chile produces 7% of the global Gold (13th position) and 33% of the global Copper (1st position) production.
Montero has extensive experience and network in Chile.
The mining sector in Chile is one of the pillars of Chilean economy and copper exports alone stands for more than one third of government income. Major mining commodities include copper, gold, and lithium. Apart from Codelco and listed Chilean mining company Antofagasta Minerals, all the major international mining houses are active in Chile (Barrick Gold, Newmont, BHP Billiton, Anglo American, Freeport, Rio Tinto) as well as numerous listed and private mid-tier and junior companies (Yamana, Fresnillo). The country has a long history of mining and is a free and open democracy with a stable Government open to mining investment. Chile has good road, rail and power infrastructure, the necessary skills base and attractive fiscal regime for mining investment.