Great Southern Copper PLC (LSE:GSCU) (GSC) has consolidated its concession area in the Salar de Atacama district of Chile with new exploration concession filings that increase the Monti Lithium Project to 33,100 hectares (ha).
Salar de Atacama is Chile's largest lithium brine-producing district with excellent infrastructure in place, said GSC.
Sam Garrett, chief executive, 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 to the largest lithium producers in Chile.”
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," added Garrett.