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Energy Industry News Releases

Montero Mining & Exploration Ltd. to be featured on 21st Century Business Television series, August 22, 2012 on CNBC (as paid programming)

 



(EnergyIndustry.Net, August 21, 2012 ) Boca Raton, FL -- Montero Mining and Exploration Ltd. Is a mineral exploration and development company engaged in its flagship Rare Earth Elements (REE) Project Wigu Hill in Tanzania, a high-grade, undeveloped Light Rare Earth Element deposit. The current focus is on updating the initial NI 43-101 Mineral Resource Estimate and advancing the hydro-metallurgical testwork with Mintek. Montero has a fast-track strategy to advance a portion of the Wigu Hill deposit to the mining and production stage in the short-term while further defining a larger deposit.



Rare Earth Elements (a group of 15 metals) are critical in the advancement and development of emerging "green" technologies and high-tech applications such as electric and hybrid vehicles, wind and hydro power turbines, energy efficient lighting, LCD screens, MRI, x-ray machines and neodymium-based magnets crucial to ear-buds, MP3 Players, microphones, mobile devices and other computing equipment. Currently China produces 97% of world supply of REE’s and these are becoming increasingly critical to both 21st Century technological progress and environmentally sustainable development. With China's control over export quotas, it is becoming imperative that the rest of the world develops new rare earth resources to meet the increasing demand from “green” technology and high-tech applications.



Montero’s growth strategy is to develop and de-risk the Wigu Hill Rare Earth Element project and to bring this to account through eventual rare earth production and cash flow, while operating in an environmentally and socially responsible manner. Montero trades on the TSX Venture Exchange under the symbol mon.



Click link for Airing Schedule: http://www.21cbtv.com/clearance-report/21cbtv2249-cnbc.pdf



To learn more about Montero Mining & Exploration please visit: http://www.monteromining.com



About 21st Century Business



21st Century Business is an award winning television series produced by Multi-Media Productions. The show features companies providing business viewers an in depth opportunity to find solutions within many industries globally.



21st Century Business airs on CNBC and the Fox Business Network to over 100 million viewers nationwide as well as internationally via DirecTV and Dish Network. The show can also be viewed through video on demand via http://www.21cbtv.com. The series is also available at more than 27 prestigious college universities, including Carnegie Mellon University, Howard University, Dartmouth College and Georgetown University.



For specific market-by-market air dates and times, please e-mail Moniqueh@mmpusa.com. For more information, please visit http://www.21cbtv.com



MultiMedia Productions

Gila Stern

561-988-9449 x269

gstern@mmpusa.com

Source: EmailWire.Com

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