Global-Tech Green Energy and Minerals Limited Secure 3 More Exploration Licenses in Bolivia
The Canadian mining company, Global-Tech Green Energy and Minerals Limited, have announced that they have secured 3 more exploration licenses for their 2 Pastos Grandes projects which lie south of their 4 sites in Salar de Uyuni.
Global-Tech's initial expectations are for the exploration results to show further potential reserves of more than 1,000 metric tonnes of mid-to-high grade lithium brine.
Global-Tech, who already have supply deals with carmakers and battery manufacturers, are expecting these exploration results to be of 'huge significance' for future projects that they have planned for further projects in the region.
Charlton Holmes, Chief Executive Officer at Global-Tech Green Energy and Minerals Limited commented, "Our commitment to our existing projects in Bolivia is growing exponentially. The granting of 3 more licenses has strengthened our commitment even further. We anticipate to start the exploration projects within the first quarter of this year and we will release the results once available."
"We see these potential explorations being of huge significance to our overall output and capabilities in the region which will only increase once our anticipated results are proven," Charlton Holmes added.
Dependent on the results of the exploration, the company would aim to start commercially mining the locations before year-end, subject to receiving all the necessary permits in time.
For further information on this, and all other investor related news, please contact Mr. Rick Newstead, Global-Tech Green Energy and Minerals Limited's Investor Relations Director via [email protected].