Montero Mining completes 625-meter drillhole at Elvira gold project in Chile

Reuters2026/07/16 10:56

By:Reuters

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Montero Mining completed drillhole MON-ELV-02 to 625 meters at the Elvira Gold Project in northern Chile, its first finished hole of 2026.
Core logging indicates a high-sulphidation alteration system with widespread pyrite, aligning with a modeled IP chargeability anomaly.
Altered volcanic rocks extend to 195 meters; a porphyry intrusion runs from 195 meters to end-of-hole, with oxidation base near 253 meters.
Assays are pending to determine whether the sulphide-bearing intervals carry gold, silver, or copper; initial samples sent to AAA Laboratory.
Drilling has started on follow-up hole MON-ELV-03 as results are fed into an updated 3D geological model.

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: 202607160655NEWSFILECNPR____20260716_305425_1) on July 16, 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 completes 625-meter drillhole at Elvira gold project in Chile

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