Accelerating the path to mineral discovery with AI

Montero uncovers hidden mineral potential with AI

Montero Mining is using AI to transform its exploration work in Chile. In conversation with Dr Tony Harwood, President and CEO, we explore how the company is leveraging technology to uncover hidden potential and deliver meaningful results.

Q: How is AI changing and improving Montero's exploration process?

A: AI is transforming how Montero identifies and evaluates exploration targets by enabling us to search and analyse large, complex datasets far faster and more accurately than before. It integrates geological, geochemical, and geophysical data to identify subtle patterns that may indicate mineralisation - patterns that could easily be overlooked through traditional analysis.

By combining AI-driven insights with on-the-ground geological expertise, we can focus our exploration on the most promising targets, optimise resource use, and reduce early-stage exploration risk.

Q: In what ways does your team collaborate with AI, and how does it complement their expertise?

A: Our team combines decades of geological field experience with a deep understanding of mineral systems and structural geology. AI doesn't replace that expertise, it enhances it.

Geologists define the parameters, interpret data outputs, and validate AI-generated models against real-world observations. This collaboration ensures that technology is guided by practical geological knowledge, producing results that are both scientifically sound and operationally meaningful.

Q: Has this technology significantly improved the speed, accuracy, or decision-making of your exploration drive in Chile?

A: Yes. AI has accelerated our data analysis and interpretation dramatically. Tasks that once took weeks can now be completed in hours. More importantly, the accuracy of target identification has improved, and AI helps us recognise connections between datasets that humans might miss or overlook.

This capability allows Montero to balance risk and opportunity more effectively, focusing exploration budgets on the highest-potential areas and enabling faster, more confident decision-making in the field.

Q: Montero recently acquired new exploration properties in Chile. How will AI shape your exploration strategy across the country's prime mining belts?

A: AI has already been pivotal to shaping our exploration strategy in Chile. In fact, it helped us identify and select the new projects we've recently acquired. Through research and the integration of geological, geochemical, and geophysical data, AI helped highlight areas with the strongest indicators of mineralisation and the highest potential for discovery.

As we advance our work across Chile's prime mining belts, AI continues to guide decision-making by refining geological models, prioritising targets, and optimising field programmes. This data-driven approach enables us to allocate exploration capital more effectively, focus on high-value opportunities, and accelerate the path from early-stage prospecting to potential discovery.

Q: Can you share an example where AI uncovered insights that traditional exploration methods might have missed?

A: At an early-stage project in Chile, AI-assisted modelling revealed geological and structural trends in geophysical and geochemical data, suggesting concealed mineralisation beneath the surface cover. These subtle patterns were missed by conventional interpretation methods.

The insights led us to define new, high-priority targets for follow-up exploration, demonstrating how AI can uncover hidden potential in a complex geological environment.

Thanks, Tony-it's always a pleasure. We look forward to more news from your boots-on-the ground team, which evidently leads in applying technology to exploration. Follow Montero Mining and Exploration on LinkedIn and @monteromining on X for the latest trends and insights in mineral exploration.

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For more information, contact:

Montero Mining and Exploration Ltd. Dr. Antony Harwood, President and Chief Executive Officer Email: [email protected] Tel: +1 604 428 7050 https://www.monteromining.com

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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking information"; within the meaning of applicable Canadian securities laws. Forward looking information includes, but is not limited to, statements, projections and estimates with respect to the Options. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Such information is based on information currently available to Montero and Montero provides no assurance that actual results will meet management's expectations. Forward-looking information by its very nature involves inherent risks and uncertainties that may cause the actual results, level of activity, performance, or achievements of Montero to be materially different from those expressed or implied by such forward-looking information. Actual results relating to, among other things, completion of the agreement, results of exploration, project development, reclamation and capital costs of Montero's mineral properties, and financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: an inability to complete the agreement on the terms as announced or at all; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Montero's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Montero's forward-looking statements. These and other factors should be considered carefully and accordingly, readers should not place undue reliance on forward- looking information. Montero does not undertake to update any forward-looking information, except in accordance with applicable securities laws.