Monti Lithium project grows by 40% with new concession filing

Highlights:

• New exploration concession filings increase Monti Lithium Project to 33 100 ha.
• Salar de Atacama is Chile’s largest lithium brine producing district.
• Located in the prolific “Lithium Triangle” of Chile-Argentina-Bolivia.
• GSC’s concessions located near to Chile’s largest lithium producers.
• Chile is the world’s second largest producer of lithium.

Next steps:

• Over the coming months, GSC will conduct due diligence on the project and prepare plans for its exploration programmes.
• Work will include reconnaissance field trips to undertake surface sampling and mapping programmes.

Sam Garrett, Chief Executive Officer of GSC, said: “We have moved quickly to expand the company’s position within this significant lithium-producing jurisdiction. Our applications have strategically targeted areas where we believe the potential for lithium-rich brine fluid-flow into the Salar de Atacama basin is enhanced by large-scale geological structures.

“The Salar de Atacama is a Tier 1 lithium producing region and our concessions are located near the largest lithium producers in Chile, underscoring the great potential of this project. We look forward to advancing our exploration efforts at Monti and updating the market on our progress.

“Chile is the largest producer of copper and the second-largest producer of lithium globally. The two metals are critically important in the global drive for a green-energy future and as such we believe the new Monti Lithium Project is a perfect complement to our two copper projects in Chile.”

Read the article online at: https://www.globalminingreview.com/mining/31102023/monti-lithium-project-grows-by-40-with-new-concession-filing/