News Releases

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1 June Montero Announces Proposed Debt Settlement
1 December Montero Evaluates Extensive Off-Shore Phosphate Deposits in South Africa
14 October Montero Secures CDN $2.7 Million Investment to Complete a Pre-Feasibility Study on Duyker Eiland Phosphate Project
10 September Montero Options Greenflash Phosphate Project and Secures Second Project Funding Agreement With Ovation
7 July Montero Receives a Positive Review from DRA on the Duyker Eiland Phosphate Property in South Africa
13 April Montero's Bulk Leach Metallurgical Testing Returns 94% to 97% Total Rare Earth Element Recoveries at Wigu Hill Project
23 March Montero Granted a Retention License for the Wigu Hill Rare Earth Project in Tanzania
2 March Montero Signs Definitive Agreement With Strategic Investor to Develop Phosphate Rock Properties and Fertilizer Plant in Saldanha Bay, South Africa
26 February Montero Declines Participation in Moyale Graphite Project in Ethiopia
7 October Moyale Displays Favorable Graphite Characteristics for Development
26 August Montero Acquires Moyale Graphite Project in Ethiopia
20 August Montero Secures Strategic Investor to Develop Phosphate Properties in South Africa
26 May Montero Announces Change to the Board of Directors
3 December Montero Announces Non-Brokered Note Financing
6 August Montero Revises High-Grade REE Resource in the Twiga Zone to 0.47 Million Tonnes Averaging 5.2% LREO5 at the Wigu Hill Rare Earth Project in Tanzania
29 July Montero Demonstrates Rare Earth Mineral Upgrade by Flotation on Bastnaesite-Rich Carbonatite Mineralization from the Wigu Hill Rare Earth Project in Tanzania
27 June Montero Receives Environmental Impact Assessment Certificate for the Wigu Hill Rare Earth Project in Tanzania
3 June Montero Announces Changes to the Board of Directors
1 May Montero Grants Stock Options
18 January Montero Announces Closing of Non-Brokered Private Placement for $1.4 Million and Completion of Debt Settlement
20 December Analyst Coverage on Montero Initiated by Euro Pacific Canada Inc.
18 December Montero Announces $1,000,000 Best Efforts Non-Brokered Private Placement & Debt Settlement
4 December Montero Provides an Update on the Hydrometallurgical Testwork on the Bastnaesite-Rich Carbonatite Material from the Wigu Hill Rare Earth Project in Tanzania
16 November Montero and Strategic Investor Sign an Indicative Non-Binding Term Sheet for an Equity Investment to Develop Its Rare Earth Project
11 October Montero and Mintek Agree to Collaborate on Further Hydrometallurgical Testwork Programs Advancing the Understanding of Rare Earth Refining
1 October Montero Increases its Interest to 80.81% in the Wigu Hill Rare Earth Project, Tanzania and Submits ESIA for Approval
7 August Montero Provides a Corporate Update on Operations at the Wigu Hill Rare Earth Project, Tanzania
13 June Montero Trench Results Confirm Continuity of Mineralization at the Lower Nyati Target at the Wigu Hill Rare Earth Project, Tanzania
28 May Analyst Coverage on Montero Initiated by Jacob Securities Inc.
13 April Montero's NI 43-101 Preliminary Economic Assessment on the Duyker Eiland Phosphate Project in South Africa Filed on SEDAR
10 April Montero Drills 4.92% TREO Over 24.30m at the Nyati Target on the Wigu Hill Rare Earth Project, Tanzania
3 April Montero Defines Large Mineralized Zone at the Nyati Target, Wigu Hill Rare Earth Project, Tanzania
22 March Montero Announces Strategic Review of Phosphate Assets and Appointment of Advisor
20 March Montero Signs MoU With Star Earth Minerals for the Proposed Supply of Rare Earths From Wigu Hill, Tanzania
5 March Montero Produces First Samples of Rare Earth Saleable Products From the Wigu Hill Rare Earth Project in Tanzania
28 February Montero Reports Positive Preliminary Economic Assessment at the Duyker Eiland Phosphate Project, South Africa
14 February Montero Announces the Presence of Strontium in the Mineralized Rare Earth Bearing Dikes at the Wigu Hill Rare Earth Project, Tanzania
1 February Montero Confirms That Rare Earth Dike Mineralization From Wigu Hill is Amenable to Upgrading by X-Ray Sorting With Over 80% Recovery
26 January Montero Infill Drilling Returns 14.51% TREO Over 3.03 Metres from the Twiga Zone at the Wigu Hill Rare Earth Project, Tanzania
19 January Montero Drilling Confirms the Extent of Massive Bastnaesite Bearing Carbonatite with 298m at 0.84% TREO at the Tumbili Target at the Wigu Hill Rare Earth Project, Tanzania
17 January Montero Sampling and Trenching Returns Positive Treo Values at the Nyati Target Area at the Wigu Hill Rare Earth Project, Tanzania
10 January Montero Appoints Michael Wolley to the Board of Directors
9 January Montero Provides Corporate Update
3 January Montero Engages T2W Market Liquidity Inc.
19 December Montero Reports That a Preliminary Economic Assessment at the Duyker Eiland Project, South Africa is Underway
19 December Montero Grants Stock Options
14 December Montero's NI 43-101 Resource Estimate on the Duyker Eiland Phosphate Project in South Africa filed on SEDAR
13 December Montero Strengthens Technical Team to Advance the Mineral Processing and Hydrometallurgical Work on Ore from the Wigu Hill Rare Earth Project in Tanzania
5 December Montero Provides an Update on the Mineral Processing and Hydrometallurgical Testwork on the Carbonatite from the Wigu Hill Rare Earth Project in Tanzania
29 November Montero Appoints Turgis Consulting to Undertake a Scoping Study on the Wigu Hill Rare Earth Project in Tanzania
16 November Montero Identifies an Inferred Mineral Resource of 32.8 M Tonnes Grading 7.15% P2O5, Capable of Producing an Acid-Grade Phosphate Concentrate, At the Duyker Eiland Project, South Africa
15 November Montero Announces Infill Drilling Results of 11.7m at 7.35% TREO at the Wigu Hill Rare Earth Project in Tanzania
10 November Montero Announces Closing of Acquisition of Phosphate Assets in South Africa
2 November Montero Appoints David Hodgson to the Board of Directors
24 October Montero's NI 43-101 Resource Estimate on the Wigu Hill Rare Earth Project in Tanzania filed on SEDAR
20 October Montero Appoints Grant Pierce as Country Manager in Tanzania
14 October Montero Announces Proposed Acquisition of Phosphate Assets in South Africa
11 October Montero Establishes An Average of 10.43% TREO in 55 Grab Samples from the NE Zone of Nyati at the Wigu Hill Rare Earth Project, Tanzania
4 October Montero Increases Its Interest to 70% in Wigu Hill REE Project in Tanzania
28 September Montero Retains Renmark Financial Communications Inc.
12 September Montero Identifies Initial Mineral Resource of 3.3M Tonnes Grading 2.6% LREO5 Including 510,000 Tonnes Averaging 4.4% LREO5 on the Eastern Ridge of the Wigu Hill Rare Earth Project, Tanzania
8 September Montero Identifies a Massive New Zone With Bastnaesite Over 256m at 0.6% TREO at the Tumbili Target at the Wigu Hill Rare Earth Project, Tanzania
3 August Montero Announces Closing of $5.89 Million Non-Brokered Private Placement
26 July Montero Announces Increase of Offering Up to $5.8 Million
14 July Montero Announces Refiling of Interim Financial Statements for Q1 2011 With Additional IFRS Disclosure
8 July Montero Announces Board Changes
7 July Montero Drilling Targets High Grade Rare Earth Tumbili Zone at the Wigu Hill Project, Tanzania
5 July Montero and Korea Resources Corporation (Kores) Sign a Memorandum of Understanding On Cooperation of the Wigu Hill Rare Earth Element Project
5 July Montero Announces a $5 Million Non-Brokered Private Placement
23 June Montero Announces the Appointment of a Sustainability Manager At Its Wigu Hill Rare Earths Project
22 June High Grade Trenching and Drill Results Returns 9.27% TREO Over 6.45m Including 15.48% TREO Over 2.0m and 5.66% TREO Over 2.84m, Respectively, at Wigu Hill Rare Earth Project, Tanzania
16 May Montero Drilling Returns 6.23% TREO Over 20.84 Metres, Including 11.51% TREO Over 4.51 Metres and 16.68% TREO Over 1.39 Metres at Wigu Hill
18 April Montero and Mintek Sign Agreement to Advance Rare Earth Process Research and Metallurgical Studies on the Wigu Hill Ree Project, Tanzania
11 April Montero Trenching Returns 4.35 Metres of 17.33% TREO at Wigu Hill Rare Earth Project, Tanzania
15 February Montero Mining and Exploration Ltd Common Shares Listed on TSX Venture Exchange
10 February Montero Mining and Exploration Ltd. Closes Initial Public Offering, Raising Total Gross Proceeds of $4,000,000