Montero Defines Priority Targets at Elvira Gold Project After Phase 1 Interpretation

Montero Mining and Exploration ( (TSE:MON) ) just unveiled an announcement.

Montero Mining and Exploration has identified initial exploration targets at its Elvira gold project in Chile’s Maricunga Gold Belt after integrating geological, geochemical and geophysical data from a recently completed Phase 1 program. The work confirms a district-scale high-sulphidation hydrothermal system and outlines several structurally controlled alteration centres and sulphide-related geophysical anomalies as priority areas for follow-up and potential drilling.

Interpretation of mapping, sampling and IP surveys reveals a large, coherent mineralizing system marked by advanced argillic and quartz-alunite alteration, vuggy silica and hydrothermal breccias, features typical of high-sulphidation epithermal deposits that can overlie porphyry-style mineralization. These results materially advance Montero’s geological understanding of Elvira, support the project’s scale and fertility and help refine the next phase of exploration targeting within the company’s contiguous concession package.

More about Montero Mining and Exploration

Montero Mining and Exploration Ltd. is a Toronto-based mineral exploration company focused on gold projects, with listings on the TSX Venture Exchange, OTC Pink and Frankfurt Stock Exchange. The company is actively exploring the Elvira gold project in Chile’s Maricunga Gold Belt, targeting high-sulphidation epithermal systems within volcanic-sedimentary host rocks.

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