- Montero Mining and Exploration (MON) has completed 1,096 metres of a planned 2,800 metre diamond drill program at its Isabella Gold Silver Project in Chile
- At Isabella, 2,600 metres of drilling is planned to test gold silver mineralization
- Drilling is now complete at Target A and the drill rig has been moved to Target C
- Drilling is being carried out by Mountain Drilling Limitada based in La Serena, Chile
- Montero Mining and Exploration Ltd. is up 4.41 per cent to C$0.71 per share
Montero Mining and Exploration (MON) has completed 1,096 metres of a planned 2,800 metre diamond drill program at its Isabella Gold Silver Project in Chile.
At Isabella, 2,600 metres of drilling is planned to test gold silver mineralization within four separate vein targets and 200 metres to test for breccia-type base-metal mineralization in sediments adjacent to the granite contact.
Drilling is now complete at Target A and the drill rig has been moved to Target C where two holes will be completed before moving to Target B and Target D. Target A drill core is being logged and is being dispatched for assay once core logging is completed.
Drilling is being carried out by Mountain Drilling Limitada based in La Serena, Chile, and to adhere to Covid-19 safety protocols, have set up a camp at the site to reduce interaction with the local community.
Montero President Dr. Tony Harwood said the maiden drill program at Isabella has progressed well with drilling completed at Target A intercepting quartz veins with visible sulphides in all holes.
“The drill rig has been moved to Target C where two drill holes will test below a series of northeast trending quartz veins exposed and historically mined pits where surface sampling returned up to 48 grams per tonne gold and 263 grams per tonne gold.”
The company completed the planned 10 diamond drill holes for a total of 1,096 metres. Drilling tested a series of northwest-trending quartz veins along approximately 600 metres of strike length at a 25-50 metre vertical depth.
Montero geologists report that quartz veins with visible sulphides have been intersected in all drill holes. The drill core is HQ diameter and is being logged and cut for sampling by Montero geologists at the company facility in the village of Hualane.
Selected intervals of quartz veins and altered granite host-rock have been half-core sampled at one metre intervals for assay with each batch of 25 samples to include one certified reference standard and a sample blank.
The samples are being hand delivered by Montero personnel to the Andes Analytical Assay lab in Santiago for assay.
Montero is a junior exploration company focused on finding, exploring, and advancing globally significant gold deposits in Chile.
Montero Mining and Exploration Ltd. is up 4.41 per cent to C$0.71 per share.
