Montero Mining and Exploration Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Antony Harwood
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- Sep 25, 2012
- Website
- monteromining.com
- Similar Companies
- Business
- Montero Mining and Exploration Ltd. is a Canada-based mineral exploration and development company focused on discovering and advancing gold, copper, and molybdenum properties primarily in Chile. Founded in 2006 and headquartered in Vancouver, British Columbia, the company holds over 203 square kilometers of copper-molybdenum exploration concessions in northern Chile's Atacama region through its Avispa Copper-Molybdenum Project; it has also optioned two gold exploration concessions in the prolific Maricunga gold belt via the Elvira Gold Project and Potrero Gold Project, acquired through option agreements by its wholly owned subsidiary Minera Joy SpA. Montero's management and geological teams, based in Chile, leverage extensive expertise in precious metals, base metals, and critical minerals to advance projects from discovery through feasibility. The company targets mining investors and operates in resource-rich districts of northern Chile, with a history of global projects including rare earth elements in Tanzania, lithium in Namibia, and phosphates in South Africa. In 2024, Montero received a US$27 million settlement from the United Republic of Tanzania for the expropriation of its Wigu Hill rare earth project following ICSID arbitration; in 2025, it completed a C$15 million return of capital to shareholders via cash distribution after a six-for-one share consolidation, granted 93,716 stock options to directors, management, and consultants at an exercise price of $0.45, repriced existing stock options, streamlined its Avispa concession holdings to focus on high-potential areas, and entered option agreements on October 2 to acquire 100% interests in the Elvira and Potrero gold projects in the Maricunga Belt.
Company News
Montero Mining eyes C$2.2 million raise to fuel Chilean gold drilling
Montero Announces $2,200,000 Non-Brokered Private Placement
Montero Mining intersects porphyry, pyrite at depth in latest Elvira drill hole
Montero Completes Geological Logging of 625.25-Metre Drillhole at Elvira and Reports Pyrite-Bearing High-Sulphidation Alteration
Montero Mining intersects porphyry, pyrite at depth in latest Elvira drill hole
Alphabet could crush estimates on Cloud strength, Anthropic windfall: BofA
Montero completes first hole of 2026 drill program at Chile gold project
Montero Completes 625.25-Metre Drillhole at Elvira and Intersects an Extensive Pyrite-Bearing High-Sulphidation Alteration System
Montero Mining kicks off drilling at Elvira gold project
Montero Commences Initial Drilling at the Elvira Gold Project, Chile
Nasdaq closes at all-time high on AI, earnings optimism
Montero Mining finalizes first-pass drill program at Elvira gold project
Montero Defines Initial First-Pass Drill Program at the Elvira Gold Project, Chile
Montero Mining finalizes first-pass drill program at Elvira gold project
Montero Mining welcomes Chile's proposed mining code reforms
Montero Comments on Proposed Changes to Chile's Mining Concession Regime
Montero Mining welcomes Chile's proposed mining code reforms
Montero Mining launches drill program at Elvira
Montero Mobilises for Phase 1 Diamond Drill Program at Elvira Gold Project
Montero Mining advances Elvira gold drill targets - ICYMI