Monterey Minerals Inc. is pleased to provide an update on its 2020 drill program at the wholly-owned Alicia high-grade gold and base metals project in Alicia Municipality, Philippines. Summary Highlights, includes four completed holes: Hole # EX PV 011 - was completed to a depth of 150 metres and intersected the target zone at a depth of 106.5 m, with a 2 m wide zone of potentially mineralized quartz veining, clay [...]
Monterey Minerals Inc. is pleased to announce trenching and sampling program results and the discovery of a new vein at the wholly-owned Alicia high-grade gold and base metals project in Alicia Municipality, Philippines. Sampling and Trenching Highlights: Discovery of the Toto Vein along strike, making 11 veins in total identified on the property Trench results continue to confirm high grade Gold and Silver veins at [...]
Monterey Minerals Inc. is pleased to announce that drilling has commenced at Monterey's wholly-owned Alicia high-grade gold and base metals project in Alicia Municipality, Philippines. With the commencement of drilling, the Company will execute an initial 3,000 metre program. The drilling targets will focus on the high-grade gold and polymetallic Pamaraw, Baloy, Sandi and Quintilla veins which have been identified over [...]
Monterey Minerals Inc. is pleased announced that it has signed a purchase and sale agreement to sell four of its southern tenements within the Company's portfolio of Pilbara gold properties. New Age Exploration Limited will acquire the Tenements for 25 million shares of New Age. The divested Tenements are E47/3886, E47/3887, E47/3891 and E45/5180 and represent 307 square kilometres . In addition, New Age has entered into [...]
Monterey Minerals Inc. is pleased provide a corporate and exploration update on activities at its wholly-owned Alicia high-grade gold and base metals project in Alicia Municipality, Philippines. The Company mobilized its Technical Team to the project after the closing of the oversubscribed private placement. Highlights: Acquisition of 100% of Greater Arc Pty Ltd by Monterey Monterey issued 54 million Common Shares @ 8 [...]
Monterey Minerals Inc. is pleased to announce that it appointed Max Tuesley as Country Manager for the Alicia high-grade gold and base metals project in Alicia Municipality. Mr. Tuesley will oversee exploration activity at the Alicia Project. Max is a highly experienced project manager and has spent over 25 years in grassroots, advanced mineral exploration and mine production, predominantly in gold, copper and base [...]
Monterey Minerals Inc. announces that it has closed the final tranche of the oversubscribed non-brokered private placement offering announced on July 7, 2020. As part of the final closing, the Company issued 9,090,000 units for gross proceeds of $454,500. This Financing resulted in the Company receiving total gross proceeds of $1,629,500. On July 7, 2020, Monterey announced a non-brokered private placement of up to [...]
Monterey Minerals Inc. announces that it has closed the first tranche of the private placement offering announced on July 7, 2020. As part of the first tranche, the Company issued 23,510,000 units for gross proceeds of $1,175,500 . The first closing consisted of Units which consisted of one common share and one non-transferrable common share purchase warrant . Each Warrant will entitle the holder to purchase one [...]
Monterey Minerals Inc. announces a non-brokered private placement of up to 30,000,000 units at a price of $0.05 per Unit for a gross proceeds of up to $1,500,000 . Each Unit will consist of one common share and one non-transferrable common share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share at a price of $0.10 for a period of twenty-four months from date of the issue. All [...]
Monterey Minerals Inc. is pleased to announce its 2020 exploration plans on the Alicia high-grade gold and base metals project in Alicia Municipality, Philippines . The exploration focus for the 2020 exploration plan will be to prove continuity between the previously identified veins and better understand the bigger system at depth that the Company’s technical team believes is feeding these near-surface veins along [...]
Monterey Minerals Inc. is pleased to announce that it has signed a definitive agreement with Greater ARC Resources Ltd. to purchase its wholly owned subsidiary Greater Arc Pty Ltd , which owns the Alicia high-grade gold and base metals project in Alicia Municipality, Philippines . In accordance to the signed DFA, the proposed acquisition will be closed subject to due diligence and is expected to be completed by June 15 [...]
Monterey Minerals Inc. , announces that due to the impact on normal working conditions, and other restrictions caused by the COVID-19 pandemic, and pursuant to the blanket relief granted by the Canadian Securities Administrators, the Company will not file its annual financial statements for the year ended December 31, 2019, and its related management’s discussion and analysis, as would otherwise be required by Parts 4 and [...]
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