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Montero Mining and Exploration Ltd V.MON

Alternate Symbol(s):  MXTRF

Montero Mining and Exploration Ltd. is a Canada-based junior exploration company focused on finding, exploring, and advancing gold, silver, and base metal deposits in Chile. The Company has staked approximately 476 square kilometers copper-molybdenum exploration concession in northern Chile. Its Avispa Copper-Molybdenum Project (Avispa Project) is located in the Atacama region of northern Chile, west of the town of Calama and about 220 kilometers (km) north-east of Antofagasta. The Avispa project occurs within the north-south trending Paleocene Porphyry Copper Belt, which is also termed the Sierra Gorda-Spence-Cerro Colorado Porphyry Copper-Molybdenum Belt. The project area is 40 km north of BHP’s Spence Cu-Mo mine, 50 km north of KGHM/South32’s Sierra Gorda Cu-Mo mine, and 50 km west of Codelco’s super-giant Chuquicamata Cu-Mo mine. It also focuses on the Talca Gold Project Area and the Wigu Hill rare earth element project.


TSXV:MON - Post by User

Comment by Goldnboy1on Jan 18, 2021 5:11pm
64 Views
Post# 32322581

RE:Stockhouse should update

RE:Stockhouse should update

Very few sellers down here. 

A little weakness related to small trading hands I'm sure. I see people who lack patience all the time make bad moves that cost them in this market. 


The company is in discussions with Forestal Arauco S.A. according to the technical report. Forestal is a big deal. They are the biggest logging, pulp, paper, and wood companies in Chile. One of the biggest int the world. 

What I find interesting. Arauco has a geology department. They are the largest land bank holder of the province we are exploring in. The new deal we are working on is said to require advanced details than the previous exploration agreement to including terms to stipulate mine development.

Sounds like some big deals for some new ground is around the corner! At least that's what I take from the indications in the technical report.

I agree Miner. SH. Wake up. Gotta get that bio straight! 

 

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