First Exploration Campaign Completed At Isabella Gold Silver Project

TORONTO - Montero Mining and Exploration Ltd. completed its first exploration campaign at the Isabella Gold Project in the Southern Coastal Range of Chile. Isabella is located approximately 200 km south of Santiago and is situated at approximately 500 m elevation .

Montero recently completed the purchase of a 100 % interest in a Chilean corporation (ChileCo) that holds the mining rights to the Isabella Gold Project. The most recent sampling program was carried out to verify types and styles of mineralization and confirm prior assay results. The program consisted of chip sampling of selected exposed quartz veins previously sampled by ChileCo. Based on a positive review of the Montero and previous sample assay results and field observations, Montero intends to complete an initial drill program on 4 high grade Au-Ag priority vein targets; Target Areas A, B, C & D are permitted for drilling.

In the later part of September, Montero collected twenty-two (22) chip samples across selected quartz veins from the 4 priority target areas and submitted them for assay to Andes Analytical Assay Ltda. in Santiago. Montero sampling confirms the results obtained from ChileCo’s prior sampling.

“Montero has successfully completed its initial sampling program at the Isabella gold project,” said, Tony Harwood, President. “Montero was able to repeat similar assay results and confirm styles of mineralization as previously reported. Our next step is to drill test the four vein target areas.”