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Montero Mining appoints sustainability manager for Wigu Hill rare earth property

|Includes: Monsanto Company (MON)

Montero Mining and Exploration (CVE:MON) said Thursday it has appointed Will Thompson as sustainability manager at its Wigu Hill rare earth element project in Tanzania, East Africa.

The Wigu Hill property, which covers an area of 142 square kilometres, is situated in Tanzania about 170 kilometres south-west of Dar es Salaam.

Thompson, who has 25 years worth of experience in the mining and exploration industry, will be responsible for all aspects of sustainable development at Wigu Hill.

Thompson's past work experience includes community projects co-ordinator with both Moto Gold Mines and Placer Dome, and more recently the security projects construction manager with African Barrick Gold in Tanzania.

"I am delighted to announce the appointment of Will Thompson as sustainability manager of the Wigu Hill Project in Tanzania," said Montero Mining and Exploration’s president, Tony Harwood.

"Will's many years of experience in Tanzania and his understanding of the people and language will play a crucial role in advancing the development of the project and eventually help fulfill our goal of becoming a producer of rare earth elements," he added.

Presently, an exploration program at the site is in progress, targeting a National Instrument 43-101 resource to be released this quarter, as more mapping and sampling of new targets indicate the potential for a sizeable rare earth deposit, Montero said.

The Vancouver-based junior miner, which is focused on exploration and development of rare earth metals, has deposits in Tanzania, Canada and South Africa.

Montero’s chief asset is its 60% stake in Wigu Hill. It also holds interests in two other licences in Tanzania, two properties in Quebec and a phosphate exploration property in South Africa.