Montero Mining logs 625-meter Elvira drillhole, flags pyrite-bearing high-sulphidation alteration

Reuters2026/08/04 15:30

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Montero completed geological logging on replacement drillhole MON-ELV-02 at the Elvira Gold Project in northern Chile.
The hole reached 625 meters, intersecting advanced argillic-altered volcanic rocks to 194 meters, then feldspar-quartz-amphibole porphyry to end-of-hole.
Logging identified widespread quartz-alunite-pyrite alteration, with oxidation ending near 253 meters; pyrite-bearing sulphides observed below that level.
Montero linked the pyrite zones to a modeled IP chargeability anomaly, supporting its integrated targeting model for the 2026 drill program.
Assay results are pending; historical adjacent hole EL-12 reported 4 meters at 4.9 g/t gold from 264-268 meters.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Montero Mining and Exploration Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608041129NEWSFILECNPR____20260804_307920_1) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Montero Mining logs 625-meter Elvira drillhole, flags pyrite-bearing high-sulphidation alteration

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