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Montero Mining starts drilling at Chile's Elvira Gold Project targeting deep gold and copper deposits

Company Fundamentals
28 May 2026
Newsfile Corp
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Bullish
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Montero Mining and Exploration Ltd. has begun drilling at the Elvira Gold Project in Chile to test high-priority targets identified through geological and geophysical analysis. The initial drill hole, MON-ELV-01, aims to explore a strong chargeability anomaly linked to historical gold intercepts and potential deeper copper-gold porphyry systems. This first phase includes four holes totaling about 2,025 meters, with plans to adjust based on initial results. The project could reveal significant gold and copper mineralization, advancing Montero's exploration efforts in the Maricunga Gold Belt.

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