
Montero Mining and Exploration CEO Tony Harwood joined Steve Darling from Proactive to provide an update on exploration progress at the Elvira gold project in Maricunga Gold Belt following completion of its Phase 1 program. Harwood explained that integrated interpretation of geological, geochemical, and geophysical datasets has confirmed the presence of a district-scale high-sulphidation hydrothermal system at Elvira. The analysis has also identified multiple structurally controlled alteration centres, resistivity domains, and sulphide-bearing chargeability anomalies, all of which are considered high-priority targets for follow-up exploration and potential drilling. The Elvira project consists of a contiguous package of mining concessions that cover the interpreted alteration footprint and key structural corridors identified through the company’s work to date. These features are considered critical indicators of a potentially significant mineralized system. Looking ahead, Monter...
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