Monterey Minerals Inc. announced that it has signed a let er of intent (the "LOI") to purchase a uranium exploration land package consisting of seven properties from a group of private prospectors in Namibia (the "Vendors"). Monterey will acquire an 85% interest in seven prospecting licenses (the "Estate Uranium Properties") totaling 93,514 hectares located in the Erongo Province, Namibia.
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- Monterey Minerals Announces Transformative Letter of Intent to Acquire Seven Namibian Uranium Prospecting Licenses