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Montero Signs Deal to License BHP Exploration Data for Avispa Project in Chile

By Public Technologies
  • Montero signed a November 4, 2026, agreement with BHP Chile to license historical exploration data for its Avispa copper-molybdenum project in Chile.
  • BHP will receive a 1% net smelter return royalty covering existing and future concessions within the defined area of interest.
  • The agreement permits repurchase of the royalty for US$5 million, less royalty payments previously paid to BHP.
  • The license covers historical drilling data, with approximately 50% of remaining drill chips and pulps also provided for verification and technical evaluation.


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: 202611091440NEWSFILECNPR____20261109_323182_1) on November 09, 2026, and is solely responsible for the information contained therein.

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