Company
Montero Mining and Exploration Ltd
CVE:MON
Montero Mining & Exploration Ltd. is a Canadian exploration company advancing a portfolio of copper, molybdenum, and gold projects in Chile—one of the world’s premier mining jurisdictions. The company controls more than 200 km² of copper-molybdenum concessions in the Atacama region and has optioned two gold properties in the prolific Maricunga belt. Led by an experienced team with a track record of discovery and value creation, Montero is positioned to capitalize on the growing demand for critical and precious metals. In 2024, the company secured a US$27 million settlement from Tanzania related to its former Wigu Hill rare-earth project.
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Rare earths & specialist minerals
Montero Mining and Exploration says independent modelling shows copper-moly porphyry target at Avispa project
Fathom looked at a geochemical data from an area of close spaced drill holes using proprietary software and compared it to models of mineralized porphyry systems
Rare earths & specialist minerals
Montero Mining and Exploration confirms anomalous copper-molybdenum values on Avispa property in Chile
Some samples returned anomalous copper and molybdenum values, which the company said require further investigation and support its belief that the project area has been only cursorily explored
Rare earths & specialist minerals
Montero Mining and Exploration provides exploration update on its Avispa copper-molybdenum project in Chile
The company's CEO Tony Harwood said Avispa was being investigated to assess its potential to host a significant copper-molybdenum porphyry deposit and also assess its lithium, iodine, and nitrate mineral potential
Rare earths & specialist minerals
Montero Mining and Exploration seeks $90M from Tanzania for Wigu project expropriation
Dr Tony Harwood, president and CEO of Montero commented: "The company has made repeated attempts to work with Tanzanian Government to reach an amicable settlement without success, while the discovery and development of the Wigu Hill project
Rare earths & specialist minerals
Montero Mining provides an update on arbitration proceedings against Tanzania for the expropriation of Wigu Hill
The Toronto-based company says it expended “significant out of pocket costs” on exploration activities on the Wigu Hill project since March 2008 and created “considerable value for Tanzania”
Rare earths & specialist minerals
Montero Mining and Exploration adds exploration concessions to consolidate Avispa property holdings in Chile
The company said once the regulatory process is completed, it would own 473.3 square kilometres of exploration concessions in one of Chile's well-defined copper molybdenum porphyry belts
Rare earths & specialist minerals
Montero Mining and Exploration focused on the exploration, discovery, and development of gold, silver and base properties in Chile
The global battery manufacturing capacity is set to double by 2021, according to Montero
Rare earths & specialist minerals
Montero says compensation claim for damages for the expropriation of Wigu Hill project underway
“Acting in good faith, Montero made several attempts to settle the dispute over Wigu Hill with the Tanzanian government but without success. Therefore, I am pleased that the legal proceedings are now underway,” Montero president and CEO Ton
Rare earths & specialist minerals
Montero Mining and Exploration gets to work on its Avispa copper-molybdenum project in Chile
Fieldwork will follow up from a successful reconnaissance exploration program that revealed extensive surface areas of tertiary evaporites that could potentially host the target copper-molybdenum deposits
Montero rises after citing significant lithium and tin resource estimate in Namibia
The statement showed a total inferred mineral resource of 14.4 million tonnes at 0.37% lithium superoxide and 17.1 million tonnes at 0.05% tin oxide
Montero Mining & Exploration stock almost doubles on news of lithium discovery in Chile
An initial sampling program at the property saw a total of 43 vertical channel samples taken from 24 locations
Montero Mining & Exploration moves closer to developing Namibian tailings operation with Gravity Worx deal
The Uis project is estimated to contain 17.1 million tonnes at 0.05% tin (pictured)
Montero completes initial lithium and tin mineral resource estimate for Uis project in Namibia
A total inferred mineral resource of 14.4 million tons at 0.37% lithium oxide and 17.1 million tons at 0.05% of tin oxide was estimated
Montero Mining and Exploration boosts lithium portfolio with new exploration licenses in Chile
The new licenses lie between the Salar de Atacama and the coastal range in northern Chile