Toronto — Montero Mining and Exploration Ltd. has filed its NI 43-101 mineral resource estimate for the Duyker Eiland Project in South Africa, which is located in the Western Cape Province, about 30 km north of the Port of Saldanha. “We are pleased with the initial Inferred Mineral Resource of 32.8 M mt at 7.15 percent P205 at Duyker Eiland; however, more importantly, that metallurgical test work indicates that an acid-grade concentrate can be produced by flotation,” said Dr. Tony Harwood, Montero president and CEO. “The Duyker Eiland and other phosphate assets provide excellent value-add to Montero’s portfolio. Montero remains focused on developing our flagship Wigu Hill Rare-Earth Project in Tanzania and advancing the hydrometallurgical test work as we target early mining and production.” Montero said testing indicates Duyker Eiland has potentially saleable acid-grade phosphate concentrate of 33-35 percent P205 (72.1-76.5 percent BPL), and can be produced by washing and flotation. Some 26 boreholes have been completed at the site.
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