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Toronto, Ontario--(Newsfile Corp. - August 21, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 4,000,000 units ("Units") at a price of CAD$0.55 per Unit, for gross proceeds of up to CAD$2,200,000 (the "Offering"). Each Unit will consist of one common share of the Company ("Common Share") and one half of one Common Share purchase warrant...
Montero Mining and Exploration Ltd (TSX-V:MON, OTC:MXTRF) said a new drillhole at its Elvira Gold Project in northern Chile hit strong signs of a gold-bearing hydrothermal system, with pyrite mineralization found at depth. The hole, MON-ELV-02, was drilled to 625.25 metres and targeted a zone...
Toronto, Ontario--(Newsfile Corp. - August 4, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to provide an update on geological logging and sampling of drillhole MON-ELV-02 at the Elvira Gold Project in northern Chile.Drillhole MON-ELV-02, the replacement drillhole for the originally designated MON-ELV-01, was completed to a final depth of 625.25 metres. The hole tested a high-priority integrated target, defined...
Montero Mining and Exploration Ltd (TSX-V:MON, OTC:MXTRF) said on Thursday it has completed drillhole MON-ELV-02 to a final depth of 625.25 metres at its Elvira gold project in northern Chile, the first hole finished under the company's 2026 drill program. The hole, a successful redrill of...
Toronto, Ontario--(Newsfile Corp. - July 16, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to announce that drillhole MON-ELV-02 has been completed to a final depth of 625.25 metres at the Elvira Gold Project in northern Chile.MON-ELV-02 is the successful redrill of the original MON-ELV-01 target and represents the first completed hole of Montero's 2026 drill programme. The hole tested Montero's high-priority...
Montero Mining and Exploration Ltd (TSX-V:MON, OTC:MXTRF) said on Thursday it has begun drilling at its Elvira Gold Project in Chile, launching a first-pass program designed to test high-priority targets across the project's epithermal and porphyry copper-gold system. The initial program...
Toronto, Ontario--(Newsfile Corp. - May 28, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to announce that drilling has commenced at the Elvira Gold Project in Chile. The simplified geology and concession area are shown in Figure 1.Figure 1: Elvira Project concession boundary and simplified geology displayed on a topographic base image, illustrating the broader structural and lithological framework.To view an enhanced
Montero Mining and Exploration Ltd (TSX-V:MON, OTC:MXTRF) has finalized an initial first-pass drill program at its Elvira gold project in Chile, targeting what the company interprets as a large, vertically zoned hydrothermal system with both epithermal gold and deeper porphyry copper-gold...
Toronto, Ontario--(Newsfile Corp. - May 26, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to announce that it has finalized the initial first-pass drill program at its Elvira Gold Project in Chile (see Figure 1).Figure 1: Elvira Project location and geological setting. Left: regional location map showing Elvira within the Maricunga Belt of northern Chile. Right: Elvira concession boundary and simplified geological map
Montero Mining and Exploration Ltd (TSX-V:MON, OTC:MXTRF) has welcomed proposed amendments to Chile's Mining Code that the company says could ease cost pressures on junior exploration firms. The bill proposes to simplify access to reduced mining concession fees for exploration and...
Toronto, Ontario--(Newsfile Corp. - May 21, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") notes the announcement by the Government of Chile regarding proposed amendments to Chile's Mining Code and mining concession fee regime, aimed at supporting mineral exploration and development activities in the country.On May 18, 2026, the Government of Chile submitted a bill to Congress proposing amendments to the current mining concession
Toronto, Ontario--(Newsfile Corp. - May 19, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to announce commencement of mobilisation and operational preparations for a Phase 1 diamond drill program at the Elvira gold project, located in Chile's Maricunga Gold Belt.The Company has finalised its drilling services contract and initiated mobilisation activities in preparation for drilling scheduled to commence during the...
The Canadian market has shown resilience, with strong corporate earnings offsetting challenges such as higher energy prices and inflation pressures. For investors considering smaller or newer companies, penny stocks can still offer intriguing opportunities despite the term's vintage feel. These stocks often provide a chance for growth at lower price points, and when backed by solid fundamentals, they can present compelling investment options with potentially reduced risks.
The Canadian market is currently experiencing a tug of war between rising oil prices and inflation risks on one side, and strong corporate profits and investment in artificial intelligence on the other. Amidst these dynamics, penny stocks—often seen as relics from past market eras—continue to offer intriguing opportunities for investors willing to explore smaller or newer companies with solid financial foundations. In this article, we will highlight three TSX penny stocks that stand out for...
The Canadian market has shown resilience, with strong corporate earnings offsetting challenges such as higher energy prices and inflation pressures. In this context, penny stocks—often associated with smaller or newer companies—remain an intriguing investment area due to their potential for growth at lower price points. Despite being considered a somewhat outdated term, these stocks can offer significant opportunities when backed by solid financials and sound business strategies.
The Canadian market is showcasing resilience, with strong corporate earnings offsetting challenges such as rising energy prices and inflation pressures. Despite the term's vintage feel, penny stocks continue to offer intriguing opportunities for investors willing to explore smaller or newer companies. By focusing on those with robust financials and clear growth potential, these stocks can present valuable prospects in today's market landscape.
With Canadian retail sales showing a modest gain and central banks holding interest rates steady, the economic landscape remains complex yet cautiously optimistic. Amid these conditions, investors often look for opportunities in lesser-known corners of the market. Penny stocks, despite their old-fashioned name, can offer intriguing potential for growth and value. In this article, we explore three penny stocks that stand out for their financial stability and potential to capture investor...
As the Canadian market navigates a landscape of steady interest rates and fluctuating oil prices, investors are keenly observing economic indicators such as retail sales and inflation. In this context, penny stocks—though an old term—remain a relevant investment area for those interested in smaller or newer companies with potential value. By focusing on firms with solid financial foundations, investors may uncover opportunities that offer both stability and growth potential.
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