Montan Mining agrees to acquire the Greater Las Huaquillas Project in Northern Peru

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[{"type":"text","content":"Montan Mining agrees to acquire the Greater Las Huaquillas Project in Northern Peru(via TheNewswire)\n\n \nVancouver, British Columbia (December 6, 2018)\n\n\n \nMontan Mining Corp. (TSX-V: MNY, FSE: S5GM, SSE: MNYCL) (\"Montan Mining\") has agreed to acquire a 44.5 - 100% interest in a portfolio of mineral concessions which collectively constitute the Greater Las Huaquillas (GLH) project; a highly prospective precious and base metal project in northern Peru. The concessions are located to the immediate south of the border with Ecuador, where recent exploration success and corporate activity in the Ecuadorian mining sector, highlights the increasing interest in this historically underexplored region. The GLH project is interpreted by Montan Mining to be located within a key north-south trending mineralised belt that extends through southern Ecuador into northern Peru.\n\n\n \nBased on historical exploration, 5 mineralised zones, consisting of 4 mineralisation types including epithermal and porphyry style mineralisation types have been identified at the GLH project. The most advanced of these mineralised zones, the Los Socavones Zone, was partially appraised by a previous operator (Sulliden 1996-1999).\n\n\n \nIn 1998, Sulliden (Gariepy & Vachon,1999) estimated that a 500m section of the 2,200m long Los Socavones Zone hosts a geological resource of 6.57 Mt grading 2.12 g/t Au and 25.2 g/t Ag; equivalent to 446,000 ounces of gold and 5.3 million ounces of silver at a 1 g/t Au cut-off. The resource was reported to remain open at depth and along strike. This historic resource, based on 10 drill holes and 20 mineralized intercepts, was estimated by Sulliden to a depth of 200m, and is reported as an historic resource estimate in an NI 43-101 Technical Report prepared for an unrelated party in 2011 (refer below). Montan Mining has not conducted any work to establish the relevance & reliability of the historical estimate.\n\n\n \nDisclaimer: A qualified person has not done sufficient work to classify the historic estimates as current mineral resources or mineral reserves; and the Issuer (Montan Mining) is not treating the historic estimates as current mineral resources or mineral reserves. Refer to the IMPORTANT INFORMATION section, outlined below.\n\n\n \nThe Los Socavones Zone is open down dip and along strike in both directio...

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