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Montero Mining and Exploration Ltd. (CVE:MON) announced that a resource estimate on the Tembo and Twiga deposits has been completed.

Montero Mining and Exploration Ltd. (TSXV:MON) announced that a resource estimate on the Tembo and Twiga deposits has been completed.

The press release is quoted as saying:

A total inferred mineral resource of 3.3 million tonnes at a grade of 2.6% LREO5 (Light Rare Earth Oxide) has been outlined from the preliminary drilling program of 21 boreholes (2,225m). A cut-off sensitivity analysis has shown that the Inferred Mineral Resource contains a higher-grade portion consisting of 510,000 tonnes averaging 4.4% LREO5.

Click here to read the entire news release.

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