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Montero Mining and Exploration Ltd.
Summary
| Project: | Soris | |
|---|---|---|
| Deposit: | Soris | |
| Location: | Namibia | |
| Commodities: | Lithium-Tantalum-Tin-Caesium-Rubidium | |
| Date: | 11/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-11-2017: Montero Mining and Exploration Ltd. announces an Exploration/Drilling Update report for its Soris deposit at the Soris project. Resampling of historic RC chips results incl. 33m @ 1.07% Li2O, 139ppm Ta2O5, 576ppm SnO2 from 14m. Toronto, Ontari | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mike Evans (Internal) | |
| ABSTRACT: | Toronto, Ontario – November 28, 2017 – Montero Mining and Exploration Ltd. (TSX-V: MON) has received positive lithium assay results from reverse circulation (RC) chips from a prior operators RC drill program at the Soris Lithium project. The prior operators RC drill program only assayed for the tantalum, tin and niobium content of the pegmatite and did not assay for lithium. Montero’s initial sampling program of RC chips indicates that the previously untested lithium bearing spodumene mineralization sampled at the surface also occurs at depth in the pegmatites on the property. In 2015 a prior explorer completed a total of 31 RC drill holes testing only for tantalum and tin in the Main and Southern pegmatite occurrences on the property (see map below). A total of 1,536 samples were taken from these holes which were sampled every metre where pegmatite was intersected. 1,095 of these samples have been matched to 26 of the historical RC holes. The pulps from the 1 metre samples were originally submitted for chemical analysis for tantalum and tin at Genalysis in Perth, Australia. Montero then subsequently requested analyses for Lithium, Cesium and Rubidium from sample pulps at the same laboratory. Montero has just received RC drill sampling assays for lithium on two drill holes, namely RCDD04 drilled vertically and RCDD022 drilled at an inclination of -60 degrees by a prior operator in the Main zone of mineralized pegmatite. The balance of the Lithium assay results are due to be reported. The results indicate that lithium bearing spodumene mineralization sampled at the surface extends to depth. | |
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