trending Market Intelligence /marketintelligence/en/news-insights/trending/IGo0GeAQRgnsIuM6SdGetA2 content esgSubNav
In This List

Millennial expands lithium-prospective holdings in Argentina

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms

Blog

Insight Weekly: US stocks hit grim milestone; top European banks tumble; TMT IPOs plunge

Video

Gold and Copper Summit 2022: Overview of Global Gold Markets in 2022 and Beyond


Millennial expands lithium-prospective holdings in Argentina

Millennial Lithium Corp. said Feb. 2 that it secured an option to buy a 100% interest in the Pocitos West project in Argentina, which covers 15,857 hectares of prospective lithium brine concessions.

Under the definitive option deal, Millennial can exercise the option within three years by making payments totaling US$4.5 million.

One of the vendors of Pocitos West is a non-arm's length party of the company.

The property is located 40 kilometers due west of Millennial's flagship Pastos Grandes project, where recent drilling confirmed significant lithium brines from surface to depths of 400 meters.