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Montero Mining and Exploration Ltd.

10:05 AM EST - Montero Mining and Exploration Ltd. : Announced that initial drill testing of the Isabella Au-Ag mineralized, quartz vein systems has commenced. 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. Montero Mining and Exploration Ltd. shares V.MON are trading up $0.01 at $0.34.