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Copper & Gold Exploration In Southern Peru

LATEST NEWS


LOCATION

Options to acquire 100% interest in 2 properties. The projects are located within deposit – hosting belts of Peru.

THE PROJECTS

Highly Prospective. Host to large, drill ready targets with potential to host bulk-tonnage copper and gold deposits.

EXPERIENCED TEAM

Led by Bill Pincus And Quinton Hennigh who collectively have over 40 years experience in South America.

WELL FUNDED

The company is well-funded for 2019 exploration programs, including up to 5000m of drilling at Cerro Hermoso.

The Team


MANAGEMENT: A LONG HISTORY OF SUCCESS

 team Bill BILL PINCUS
President, CEO & Director

Mr. Pincus has 40 years of experience as a geologist, consultant and executive in the minerals industry. In 2002 he formed Esperanza Resources and served as CEO/President where they successfully discovered two deposits in Mexico and Peru before its acquisition by Alamos Gold. He has extensive Peruvian experience having lived and worked there for over 25 years.

 team Dr.Quinton DR. QUINTON HENNIGH
Chairman, Director

Dr. Quinton Hennigh is an economic geologist with more than 25 years of exploration experience with major gold mining firms, including Homestake Mining, Newcrest Mining and Newmont Mining. Currently, Dr. Hennigh is President and Chairman of Novo Resources Corp. who are developing gold projects in the Pilbara region of Western Australia.

 

 

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[ CSE: MONT ]
[ OTCQB: MRRMF ]
[ FRA: 6MR ]
 

The Projects


 cerro hermoso title icon

  • LOCATION: SE Peru along regional trend of epithermal & CRD deposits
  • PROPERTY SIZE: 1317.98 Ha
  • TARGET: 3 large priority drill targets covering an area of over 4 sq km.

1) Central Breccia Zone: Volcanic Breccia Pipe.

  • A Bulk Tonnage Gold – Silver Target
  • Gold is highly anomalous within target with values up to 18.4 g/t Au
  • Channel sampling yielded 43 meters at 1.79g/t Au.
  • Target size: 500M x 200M

2) Stockwork Zone: Extensive stockwork systems at surface.

  • A Copper, Silver, Gold Target
  • Rock Chips samples up to 10g/t Au and 500g/t Ag
  • Zone is highly anomalous of copper, with rock chips up to 3.9% Cu.
  • Miramont’s geophysics interpretation suggests that the Stockwork Zone is sitting on top of a large, potentially mineralized, intrusive body.
  • Target Size: 500M x 400M

3) Carbonate Replacement Zone: Limestone at depth replaced with sulfide minerals.

  • A Copper, Silver, Zinc Target
  • Previous development at approx. 200m below surface encountered carbonate replacement deposits (CRD’s)
  • Values up to 6.9% Zn, 6.6 Pb and 6.2 oz/t Ag were found in multiple horizons
  • Geophysical signature suggests occurrence of sulphide minerals and presence of limestones

The Company will conduct up to a 5000m drilling program that is designed to test all 3 high priority targets.

 

cerro hermoso image 01
map cerro hermoso

lukkacha title icon

  • LOCATION: SE Peru along regional trend of giant Southern Peru Cu deposits
  • PROPERTY SIZE: 4400 Ha
  • TARGET: Copper Porphyry Target covering over 3 sq km

Lukkacha is located along trend of the largest and most productive copper deposits in Peru.

Cerro Verde: 3,900 Mt - 450,000 tpa Cu
Cuajone: 2,075 Mt - 190,000 tpa Cu
Toquepala: 2,226 Mt - 130,000 tpa Cu
Quelleveco: 950 Mt @ 0.63% Cu

 The geologic setting at Lukkacha is similar to the nearby Toquepala Mine Complex, one of Peru’s largest copper mines.

  • Lukkacha is located 50km SE of Toquepala
  • Target area shows typical porphyry alteration (propylitic/phyllic)
  • Alteration is coincident with anomalous Cu and Mo rock-chip samples.
  • Zones of intense stockwork and sheeted veins show evidence of extensive hydrothermal throughout the region.
  • Preliminary drill holes defined.

 

Lukkacha image 01
Lukkacha image 02
map lukkacha

THE COMPANY


 

icon stock STOCK INFO


■ Symbol  CSE: MONT 
■ OTCQB MRRMF
■ Outstanding shares  50,098,297
■ Year Range  0.13 - 0.65
■ Cash Postion  ~$3.5m
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