Lithium Exploration in Chile
BMG Resources is an ASX-listed (BMG) minerals exploration company targeting lithium brine in Chile. Through its JV agreement with Chilean Lithium explorer Lithium Chile SpA, BMG is seeking to undertake exploration and development of three lithium brine projects covering 20,000 hectares, located in the world's best lithium district, the Salar de Atacama.
BMG’s portfolio of three projects, Salar West, Pajonales and Natalie are located within the “Lithium Triangle”, a region of the Andes encompassing parts of Northern Chile, southwest Bolivia and northwest Argentina, which is host to more than 50% of the world’s lithium resources and the largest and highest grade lithium brine deposits in the world. The Salar de Atacama is the world’s largest and purest active source of lithium.
Share Price
BMG $0.01
Delayed by 20 minutes
Source: ASX
Chilean Lithium
BMG's JV agreement in Chile covers three main projects - Salar West, Pajonales and Natalie all located in the Salar de Atacama, the highest grade, lowest cost lithium salar in the world.
Strategy
- Strategic imperative to secure value accretive opportunities
- Battery minerals - Lithium, Cobalt - identified as high priority targets
- Targeting highly prospective to advanced stage exploration opportunities
- Global jurisdictions with stable legal and regulatory regimes
Why Invest?
- Entry into the world's highest grade, lowest cost, Lithium district
- Strategic free carried interest in Cyprus Copper and Gold Project
- Experienced key personnel with a strong background across resources and non-resources industries