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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 Mar 17, 2021 1:46am
63 Views
Post# 32814332

RE:RE:RE:AVISPA???

RE:RE:RE:AVISPA???

No worries. 
 

Should have put into context. lol Escondita is a massive deposit of over 1% copper ore. I think it's open pit too. So super low cost. 

Odds are the grades at Avispa May impress. But perhaps the size isn't as huge. 

But that's no big deal in today's day and age. This is because higher grade smaller capex mines are traded at a premium for the simple fact they have reduced development risks. 

I have no info. Just spewing. But if they have some solid holes. This company shifts from one anchor project to possibly two or possibly one with a very solid JV/Option agreement. 

Should create some wealth for shareholders!

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