Monterey Minerals is a mineral exploration company focused on its 992 sq.km. of prospective ground on the eastern flank of the Pilbara Basin in Western Australia. The Company has a total of sixteen tenements, including 140 sq. km. which abuts Pacton Gold’s tenement where gold-bearing conglomerates were identified. The Company also owns the Cobalt Mountain Project (the “Project”), near Smithers, BC. The Company’s NI 43-101, on SEDAR, notes historic sampling at the Project that returned mineralized showings of gold, silver, copper, zinc and cobalt.
The Mining sector includes emerging companies engaged in mineral exploration and development, the backbone of Canada's natural resource industry.