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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 Feb 25, 2021 5:24am
55 Views
Post# 32655573

RE:Results from Target A imminent??

RE:Results from Target A imminent??

I think the company is considering acquiring the Mine their claims surround. This drilling is likely to get some sort of confirmation that it may be expanded to the south along strike. 

Hopefully results are encouraging or better. Company may be waiting for this info to give the company confidence to close the deal on the third party claims. 

Although "third party" is a generic reference. Reading between the lines. The company Mon optioned Isabella originally from and the 3rd Party claims owner still left over within our claims.

Probably one in the same. Hopefully these results turn out and the ground is acquired. More potential for ounces on the balance sheet the better!

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