A fortune in silver.
A mine that inspired the silver rush in the 1880s, that was tapped once more in the 1960s, could again prove a boon to miners using the latest technologies to tap unexplored and unexploited mineral deposits.
It could prove to be a great re-discovery in the history of silver mining.
That's what Montego Resources (CSE:MY; FRA:4MO1), has unlocked in the Taylor Mine & Mill, a high-grade gold and silver project in eastern Nevada, a region which has produced a bounty of silver and gold for more than one hundred years, and through the use of new technologies and new methods could do so once again.
Montego, a $11 million small market cap miner, could be sitting on as much as $1.2 billion in silver, a figure that could climb higher if silver prices rebound.