Newsfile Corp
26 May 2026, 15:45 UTC · 1h ago
Source · https://www.newsfilecorp.com/release/298872/Montero-Defines-Initial-FirstPass-Drill-Program-at-the-Elvira-Gold-Project-Chile
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Montero Mining has finalized a first-pass drill program at the Elvira Gold Project in Chile consisting of four initial holes totaling approximately 2,025 metres. — The transition from geological modeling to active drilling is a primary value-creation catalyst for junior explorers, though results are not yet known.
+0.40The company identifies the Elvira project as a vertically zoned system comprising a high-sulphidation epithermal gold system overlying a deeper porphyry Cu-Au system. — The interpretation of a dual-target system (gold and copper) increases the potential scale and economic viability of the asset.
+0.30The drilling program specifically targets high-priority vectors, including a core chargeability porphyry copper target and a resistive high-sulphidation feeder zone. — Targeting specific, high-confidence anomalies based on geophysical data reduces exploration risk and increases the probability of a discovery.
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The company has finalized a high-priority initial drill program based on improved geological understanding of its Elvira Gold Project.
Mentioned only as a source for adjacent property mineral estimates.
Mentioned only as a source for adjacent property mineral estimates.
