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Montero Mining and Exploration Ltd V.MON

Alternate Symbol(s):  MXTRF

Montero Mining and Exploration Ltd. is a Canada-based mineral exploration and development company focused on making mineral discoveries in Chile. The Company's Avispa Copper-Molybdenum Project (Avispa Project) is located in the Atacama region of northern Chile, west of the town of Calama and 220 kilometers north-east of Antofagasta, Chile's largest commercial deep-water port. The project is connected by asphalt road to the ports of Tocopilla and Antofagasta. The Company has approximately 459 square kilometers of exploration mining concessions in an almost contiguous area south of the main highway between Calama and Tocopilla. It is involved in an international arbitration dispute for compensation for the expropriation of a Wigu Hill rare earth element project in Tanzania and against the government of Tanzania.


TSXV:MON - Post by User

Comment by Goldnboy1on Mar 17, 2021 1:46am
83 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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