Montero Mining and Exploration Ltd.

Montero Mining and Exploration Ltd. is pleased to announce that it intends to complete a non-brokered private placement of up to 14,000,000 units at a price of CAD$.15 per Unit, for gross proceeds of up to CAD$2,100,000 . Closing of the Offering is expected to occur on or about December 2, 2020. Each Unit will consist of one common share and one half of one Common Share purchase warrant . Each whole Warrant will entitle [...]

Montero Mining and Exploration Ltd. has appointed Jean Des Rivi?res to the Board of Directors effective as of October 23, 2020. Jean des Rivi?res is a geologist by profession who worked for the past 23 years for the BHP group of companies. He first worked in Chile in 2002 and between 2005 to 2019 lived a total of 10 years in Santiago, Chile. For the past 7 years, Jean was Vice President of Exploration of BHP heading their [...]

Montero Mining and Exploration Ltd. has completed its first exploration campaign at the Isabella Gold Project in the Southern Coastal Range of Chile. Isabella is located approximately 200 km south of Santiago and is situated at approximately 500 m elevation . Montero recently completed the purchase of a 100 % interest in a Chilean corporation that holds the mining rights to the Isabella Gold Project. The most recent [...]

Montero Mining and Exploration Ltd. has initiated exploration of the Isabella gold silver project located approximately 200 km south of Santiago and 125 km south of Yamana’s Minera Florida mine in the Southern Coastal Range of Chile. The Company has tied up mineral rights to exploration claims that cover an area of 67 km2 and make up the Isabella Gold Silver Project. To date Montero has defined four high grade Au-Ag [...]

Montero Mining and Exploration Ltd. has signed a Binding Purchase and Sale Agreement to acquire a 100% interest in a private Chilean company which holds various mineral rights to exploration claims that make up the Isabella Gold Silver Project in Chile. Isabella’s exploration claims cover an area of 67km2. The Agreement is subject to corporate and legal process in Chile and regulatory approval. Dr. Tony Harwood, President [...]

Montero Mining and Exploration Ltd. has seen a decline in battery metal prices over the last 12 months which has been exacerbated by the COVID-19 pandemic and its effect on global economics. For these reasons the board has decided to change the Company focus to that of exploration for gold deposits in Latin America. Montero’s board of directors and management have an impressive track record of successfully discovering and [...]

Montero Mining and Exploration Ltd. reports that on January 17, 2020 it has delivered a Notice of Intent to Submit a Claim to Arbitration to the Attorney General of Tanzania in accordance with the 2013 Agreement for the Promotion and Reciprocal Protection of Investments in the Bilateral Investment Treaty between Canada and the United Republic of Tanzania. The dispute arises out of certain acts and omissions of the United [...]

Montero Mining and Exploration Ltd. is pleased to confirm that further to its news release dated October 9, 2019 the Company’s application to extend the expiry date of an aggregate of 3,440,849 common share purchase warrants by twelve months was accepted by the TSX Venture Exchange. The Warrants are exercisable for common shares of the Company at a price of $0.32 per common share and bear an expiry date of October [...]

Montero Mining and Exploration Ltd. announces it will be applying to the TSX Venture Exchange for approval to extend the expiry date of 3,440,849 common share purchase warrants originally issued in April 2018 pursuant to a non-brokered private placement financing. The Warrants are exercisable for common shares of the Company at a price of $0.32 per common share and presently bear an expiry date of October 27, 2019. The [...]

Montero Mining and Exploration Ltd. is pleased to announce that at the Company’s Annual General and Special Meeting held Thursday, June 27, 2019 , all resolutions proposed were duly passed by the shareholders of the Company. In addition, shareholders of the Company appointed Dale Matheson Carr-Hilton LaBonte LLP, Chartered Professional Accounts as the Company’s auditor for the ensuing year, and authorized the [...]