TORONTO, ONTARIO — (Marketwired) — 10/07/14 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero") is pleased to announce the results of a review of existing information completed on the Moyale Graphite Project in Ethiopia by Don Hains, P. Geo., of Hains Engineering in Toronto. The Moyale deposit is described as having favorable characteristics for development as compared to other global flake graphite deposits.Don Hains, P.Geo, an expert on graphite geology, has com
TORONTO, ONTARIO — (Marketwired) — 08/06/13 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero") has revised a portion of its initial NI 43-101 compliant Inferred Mineral Resource estimate of 3.3M tonnes at 2.6% LREO5 (Light Rare Earth Oxides) for the Tembo and Twiga Zones (See News Release dated September 12, 2011) on its Wigu Hill Rare Earth Element ("REE") Project. The updated resource estimate is only for the Twiga Zone and is based on data from the i
TORONTO, ONTARIO — (Marketwired) — 07/29/13 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero") provides an update on test work performed on the bastnaesite-rich carbonatite material from the Wigu Hill Rare Earth Project in Tanzania. A metallurgical study was completed by SGS-Lakefield in Canada examining flotation processes to upgrade Rare Earth Element ("REE") minerals from the Wigu Hill bastnaesite-rich carbonatite material.The purpose of the study wa
TORONTO, ONTARIO — (Marketwired) — 06/27/13 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) has been granted an Environmental Impact Assessment Certificate for the Wigu Hill project from the Tanzanian government. This has been issued to fulfill Section 92(1) of the Environmental Management Act No. 20 of 2004 of Tanzania and is a requirement for the application of a Mining Licence for the development of the rare earths element mining project at Wigu Hill, in Tanzania.Dr. Tony Harwoo
TORONTO, ONTARIO — (Marketwired) — 06/03/13 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero") announces the resignation of David Hodgson, effective immediately as a member of the Board of Directors of the Company due to personal reasons. The Board of Directors will fill the vacancy in the coming months.About Montero Mining & ExplorationMontero Mining and Exploration Ltd. is a mineral exploration and development company focused on achieving production of rare
TORONTO, ONTARIO — (Marketwired) — 05/01/13 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero") reports that on April 30th, 2013, subject to acceptance of the TSX Venture Exchange, incentive stock options were granted to directors, officers, employees and consultants to the company. A total of 1,805,000 stock options were granted, exercisable at a price of $0.125 per share for a period of 5 years from the date of grant. The options were approved by the Board on Ap
TORONTO, ONTARIO — (Marketwire) — 12/20/12 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero") would like to report that Euro Pacific Canada has initiated analyst coverage on Montero Mining and Exploration Ltd.The full research report can be obtained directly from Luisa Moreno at Euro Pacific Canada.About Montero Mining & Exploration Ltd.Montero Mining and Exploration Ltd. is a mineral exploration and development company focused on achieving production of fine
TORONTO, ONTARIO — (Marketwire) — 12/18/12 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero" or the "Company") is pleased to announce that it intends to complete a best efforts non-brokered private placement financing of up to 8,000,000 units ("Units") at a price of $0.125 per Unit for gross proceeds of up to $1,000,000 (the "Offering").Each Unit will be comprised of one common share ("Common Share") and one common share pu
TORONTO, ONTARIO — (Marketwire) — 12/04/12 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero") provides an update on the hydrometallurgical testwork completed to date on the bastnaesite-rich carbonatite material from the Wigu Hill Rare Earth Project in Tanzania. Montero has been researching various metallurgical technologies to potentially reduce operating and capital costs and recent work carried out at Mintek has returned significant testwork results. The testwo
TORONTO, ONTARIO — (Marketwire) — 11/16/12 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) has signed an arm-s-length, indicative, non-binding term sheet with a Strategic Investor ("Investor"), whereby the Investor has proposed to provide equity funding at project level towards the development of Montero-s Wigu Hill Rare Earth Element mine and refinery ("Rare Earth Project"). The indicative non-binding term sheet sets out the terms and conditions of a potential
