Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
TORONTO, ONTARIO–(Marketwire – Oct. 11, 2011) – Montero Mining and Exploration Ltd. (TSX VENTURE:MON) (“Montero”) is pleased to announce initial results from the newly located Nyati Target at the Wigu Hill Rare Earth Project in Tanzania. Mapping has defined an 800m by 400m mineralized zone where recent sampling returned values up to 18.21% TREO. Nyati has a larger mineralized footprint than any zone previously explored at Wigu Hill and is yet to be drill tested.
