Montero’s Key to Success: A Marketable Rare Earth Product

March 29, 2012 — Tracy Weslosky, CEO for Pro-Edge Consultants Inc. (www.pro-edge.com) interviews Dr. Tony Harwood CEO & President of Montero Mining & Exploration Ltd. (TSXV: MON) (www.monteromining.com) about their Wigu Hill Rare Earth Project in Tanzania. An esteemed senior member of the rare earth industry, Dr. Harwood talks about his background and experience, which is a key advantage for Montero. He also highlights a bulk leaching process used on bastnaesite mineral concentrate from Wigu Hill to produce a marketable chemical rare earth products – mixed rare earth element hydroxide and cerium hdroxide. Since listing on the TSX Venture Exchange in February 2011, Montero has commenced drilling and demonstrated that its world-class Tanzania rare earth deposit can yield a valuable product. This swift progress is due to the project’s simple mineralogy; having an understanding of the hydro-metallurgy; and having a competent team in place.