Strong Management, Bright Outlook


Montan Mining Corp. (TSXv: MNY) (FSE: S5GM) is positioned for growth in Peru through the acquisition and development of advanced and/or cash flow mining opportunities. Montan is backed by an experienced and high-energy management team with diverse technical, market and finance expertise and strengths and is supported by committed and sophisticated investors focused on building value for the long term.

The Company is engaged in the acquisition of an operational gold mine and operation ready CIP gold processing plant in the southern Peruvian mining district of Caraveli under a Binding Letter of Intent with Chazel Capital Inc. for the purchase of the Peruvian Company Cerro Dorado S.A.C. from Chazel (please refer to News Release dated November 1, 2016). Cerro Dorado holds an option and permits to operate the Rey Salomon gold mine with 2km of underground development, 32 identified veins, and a 60 tonnes per day carbon-in-pulp processing plant permitted for up to 100 tonnes per day. The mineral property under option by Cerro Dorado is comprised of 4 concessions totalling 1,172 hectares located in the department of Arequipa, province of Caravelí, Peru.

Stock Chart

Share Structure

51,677,625 shares I/O (Nov. 1, 2016)

11,197,844 warrants (@ $0.15 weighted average strike price)

3,845,000 options (@ $0.10 strike price)

65,720,469 F/D


Montan Mining Corp.
1400 - 1111 West Georgia Street
Vancouver, BC, Canada V6E 4M3


Ian Graham
CEO and Director
Ph: + 1 604 671 1353

Peru / South America:

Luis Zapata
Executive Chairman
Peru: + 51 980 782 111
Canada: +1 604 358 1382

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The technical information on this website has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Mr. Dean Pekeski, P. Geo., of Kraven Geological Inc., a Qualified Person.


Mr. Ian Graham, B.Sc. (Hons), Geology - CEO and Director

Mr. Graham is an accomplished mining professional with over 20 years of experience in the development and exploration of mineral deposits, mostly gained with the major mining companies Rio Tinto and Anglo American. Formerly Chief Geologist with the Project Generation Group at Rio Tinto located in Vancouver, Mr. Graham has been involved with evaluation and pre-development work on several projects in Canada and abroad including the Diavik Diamond Mine (Northwest Territories, Canada), Resolution Copper (Arizona, USA), Eagle Nickel (Michigan, USA), Lakeview Nickel (Minnesota, USA) and Bunder Diamonds (India). Prior to his work with Rio Tinto, Ian held exploration geologist roles with Anglo American. Ian graduated from the University of Natal (now Kwa-Zulu Natal) in Durban, South Africa with a B.Sc. in Geology and Applied Geology (1984) and B.Sc. (Hons) in Geology (1985).

Mr. Luis F. Zapata - Executive Chairman

Mr. Zapata was previously Partner and Head of Capital Markets at Seminario SAB, Peru’s largest independent brokerage firm. Prior to that, he was Head of Latin America Institutional Equity Sales at Canaccord Genuity. Mr. Zapata has structured, financed or participated in over $500M of equity raises for natural resources companies with a focus on connecting Latin American assets with Canadian and global public market financing and listing vehicles. Mr. Zapata is a frequent media commentator on the resource sector in Peru and a dual Canadian/Peruvian citizen fluent in English and Spanish.

Vadim Dubchak, CFA - Interim CFO

Mr. Dubchak is a mining finance professional with over nine years of diversified experience in the natural resource sector. Most recently he worked with the gold development company Astur Gold Corp. in a Corporate Development role. Mr. Dubchak also previously worked for a boutique portfolio management firm and a merchant bank focused on the resource sector. Prior to that he held an accounting position for a group of four public mining companies located in Vancouver. He is a Chartered Financial Analyst and holds an Honours Bachelor’s Degree in Economics from the University of British Columbia.

Greg Hall - Director

Mr. Hall is an independent business advisor to the mining industry. For over 30 years, Mr. Hall has focused on significant international exploration, development, and mining ventures, and all aspects of their structuring and finance. He is currently President of Water Street Assets Inc. and Director of Prophecy Development Corp. Mr. Hall was previously a director of Silvercorp Metals Inc., China’s largest primary silver producer and one of the lowest cost silver producer among its industry peers. Other former appointments include: Director at Haywood Securities; Vice-President, Canaccord Genuity; and Senior Vice-President of Leede Jones Gable. Mr. Hall is a graduate of the Rotman School of Management, University of Toronto, SME Enterprise Board Program, and a Member of the Institute of Corporate Directors.

Sam Wong, CA - Director

Mr. Sam Wong is currently the Chief Financial Officer of Dynasty Metals & Mining Inc. and Chesapeake Gold Corp. He was also previously the Chief Financial Officer of Goldgroup Mining Inc., where he significantly decreased the cost and level of debt through various cost cutting and restructuring initiatives. Prior to that position, Mr. Wong was the Corporate Controller at Luna Gold Corp. where he oversaw the finance division during Luna’s transition from development through to commercial production. Mr. Wong is a Chartered Accountant and articled at Deloitte & Touche LLP in Vancouver, BC where he specialized in assurance and advisory for mining companies.

Mr. Jose Luis Garcia Yrivarren - VP Operations in Peru

Mr. Jose Luis Garcia Yrivarren was previously employed at Peru’s largest private gold processing company, a firm that produced 79,966 ounces of gold in 2014 through its gold milling facility located in the Chala district. During his tenure, Mr. Garcia was responsible for the organization and formalization of mineral feed purchases as well as overseeing the business’ mineral supply chain which is secured through satellite receiving stations dispersed among the established gold production districts in southern Peru. In his former role, Mr. Garcia assisted in achieving a 300% gold production increase, as well as improving average feed grade from 0.53 oz per ton (“oz/tn”) to 0.79 oz/tn gold. Mr. Garcia also helped shorten the feed assay and mineral supply payment process, reducing wait time for miners and rendering the process more efficient and transparent. Mr. Garcia was also responsible for helping miners through the formalization process. Mr. Garcia helped maintain rigorous safety standards which among other things reduced the average number of transport accidents from five per year to one per year during his tenure. Mr. Garcia is a graduate of the University of San Martin (B.A Econ) and holds a Diploma of Finance from ESAN, Peru’s most prestigious business school.

Ms. Jenna Hardy, B.Sc., M.Sc., MBA, P.Geo. - Advisor

Ms. Jenna Hardy has over 20 years of professional experience in the mining industry consulting for public and private companies as principal of Nimbus Management Ltd. For ten years (1993 – 2004) Ms. Hardy was Manager of Health Safety Environment (“HSE”) for Pan American Silver Corp. During her tenure there, in Peru the Quiruvilca Mine received national (1997 & 1999) and international (2000) environmental awards. Ms. Hardy has extensive Latin American experience: she has consulted with Capstone Mining Corp. (2004 – Present) on environmental/regulatory issues related to the re-activation of an historic past-producer including nine expansions/modifications to operational permits at the Cozamin Mine, a 3300 TPD underground polymetallic operation in Zacatecas, Mexico; and Argentex Mining Corp. (2010 - 2013) where she was lead Director for environmental and regulatory compliance activities at the Pinguino polymetallic deposit, Santa Cruz, Argentina. Work at Argentex supported a C$7.5M equity investment by the International Finance Corporation (“IFC”). Ms. Hardy has a B.Sc. in Geology and M.Sc. in Economic Geology both from the University of Toronto and an Executive MBA from Simon Fraser University and is fluent in Spanish.