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Great Southern Copper takes over Monti lithium project in Chile
London-listed Great Southern Copper (GSC) has executed a binding term sheet for the Monti lithium project, located in the Salar de Atacama district of Chile. The Monti lithium project comprises 81 concession applications for a total combined concession area of 235 km2 in a district renowned as Chile's foremost lithium brine production area. The terms of the executed term sheet grant GSC full ownership rights of the Monti lithium project upon the issuance of concessions and the fulfillment of option payments. To initiate this agreement, GSC has completed an initial payment of $10 000 to the vendors. Over the next ... (full story)