Archive for 2022

Increasing copper demand bodes well for Montero

The development of copper projects like Montero’s Avispa project in Chile is supported by the positive outlook for copper in the medium and long term. Dr Tony Harwood, CEO and President of Montero Mining and Exploration, explains why copper is critical to the new green economy.   Q: What is driving the positive outlook for… Read more

Using cutting-edge technology to build on good fieldwork at Avispa

Montero Mining is using innovative technology to assess the potential of porphyry copper mineralisation at its Avispa project in northern Chile, following thorough mapping and sampling at the project. The company’s CEO and President Dr Tony Harwood sheds more light on the positive 3D modelling results.   Q: Three-dimensional modelling at Montero’s Avispa property, conducted… Read more

Independent geochemical modelling identifies Cu-Mo porphyry target at Montero’s Avispa project in Chile

Toronto, Ontario – September 27, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has received a positive report from Fathom Geophysics (“Fathom”) from the analysis of geochemical data on the Avispa property. The report entitled “3D footprint Modelling at Avispa” has generated a 3D conceptual target indicating the possible location… Read more

Lithological and drill chip pile sampling confirms anomalous Copper – Molybdenum values at the Avispa property in northern Chile

Toronto, Ontario – August 23, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) is reporting the assay results of surface geochemical sampling undertaken within areas of interest on the Avispa property (“Avispa “or “Project”). Company geologists collected lithological samples from the San Salvador River valley and from reverse circulation (RC)… Read more

Making serendipity happen in the Atacama

Exploration is about being in the right place at the right time and having an expert team of geologists to recognise potential and bring it to a discovery. This is our path to success at Avispa, says Dr Tony Harwood, CEO of Montero Mining.   1.    Montero Mining’s Avispa copper project spans 473.3 square… Read more

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

Montero exploration team uncovers Avispa’s geology

Montero is putting together the geological puzzle of its Avispa project with its thorough exploration work. Our team of committed geologists gives us some insight into their field work process and promising finds. Q: What does a typical day look like for the Montero exploration team that is currently conducting field work at Avispa? A:… Read more