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Page 9 - ஆய்வு லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Canadian Miner Gets Funding For Tanzania Arbitration

ADVERTISEMENT ADVERTISEMENT Canadian Miner Gets Funding For Tanzania Arbitration Law360 (February 12, 2021, 6:54 PM EST) Tanzania has been hit with a bid for arbitration by Montero Mining and Exploration Ltd. over the African nation s alleged expropriation of the Wigu Hill rare earth element project, following the Toronto-based company s announcement that it has secured $2.32 million in litigation funding. Montero said Jan. 8 that it had completed a litigation funding agreement with Omni Bridgeway Canada Ltd. so that it can pursue legal proceedings against the United Republic of Tanzania. The mining company said it has retained French commercial law firm Jeantet AARPI and lead counsel Thierry Lauriol to represent it as it pursues its dispute over the.

Investegate |Mineral & Financial Announcements | Mineral & Financial: Board Addition and Management Changes

Board Addition and Management Changes   George Town, Cayman Islands - 10 February 2021 - Mineral and Financial Investments Limited (LSE-AIM: MAFL) ( M&FI , MAFL or the Company ) is very pleased to announce the addition of Mark T. Brown, B. Comm. CPA, CA, as an independent member of the Board of Directors. Mr. Brown will assume the role of Chairman. Jacques Vaillancourt will assume the role of President, Chief Executive Officer and director of the Company. Jacques Vaillancourt noted that Mr. Brown s financial and mining experience, as well as his active roles as a senior director of numerous public companies, make him a great fit for the M&FI Board and we look forward to working with him. Moreover, his addition as an independent director will further strengthen the Board s independence in governance.

Montero Expands Land Holdings at the Isabella Gold Silver Project

Montero Expands Land Holdings at the Isabella Gold Silver Project Montero Mining and Exploration Ltd. Toronto, Ontario, CANADA “Montero” or the “Company”) has received confirmation of issuance of exploration licenses east and contiguous to the currently held Isabella claims. The new claims cover an additional 7 km of granite-sediment contact with reported granite-hosted quartz veins similar to those defined within Montero’s Isabella East and Isabella West property blocks. The Isabella Properties are located approximately 200 km south of Santiago and 125 km south of Yamana’s Minera Florida mine in the Southern Coastal Range of Chile. Dr Tony Harwood, President of Montero commented:

Montero Completes Drilling of Target A at The Isabella Gold Silver Project in Chile

Montero” or the “ Company”) has completed 1,096 m of a planned 2,800 m diamond drill program at its Isabella Gold Silver Project (“Isabella”) in Chile. At Isabella 2,600 m of drilling is planned to test gold silver mineralization within 4 separate vein targets and 200 m to test for breccia-type base-metal mineralization in sediments adjacent to the granite contact. Drilling is now complete at Target A and the drill rig has been moved to Target C where 2 holes will be completed before moving to Target B and Target D. Target A drill core is being logged and is being dispatched for assay once core logging is completed. Drilling is being carried out by Mountain Drilling Limitada based in La Serena, Chile, and to adhere to Covid-19 safety protocols, have set up a camp at site to reduce interaction with the local community.

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