MNMRF - MONUMENTAL ENERGY CORP. SUBMITS JOINT RFI DOCUMENTS WITH ITS PARTNER LITHIUM CHILE TO THE CHILEAN GOVERNMENT IN RESPECT TO THE LAGUNA BLANCA LITHIUM BRINE-CESIUM SEDIMENT SALAR | Benzinga
VANCOUVER, BC, June 25, 2024 /CNW/ - Monumental Energy Corp. ("Monumental" or the "Company") (TSXV:MNRG) (FSE: ZA6) (OTCQB:MNMRF) is pleased to announce the latest Chilean Government update in the context of its Lithium Strategy. In April 2024, Chile, through its Ministry of Mines, announced the process for Chilean and foreign investors to express interest in developing projects to explore and/or exploit lithium from deposits located in Chile. Consequently, the Ministry of Mines approved the procedure in order to file for a Request for Information ("RFI") which is intended to express interest in developing the exploration, exploitation and processing of Salt Flats located in Chile. This RFI process will allow the Government of Chile to evaluate the conditions, mechanisms and requirements for granting special lithium operation contracts (CEOL).
Monumental, through its Chilean subsidiary, Monumental Minerals Chile SpA, announces that on June 17, 2024, it filed a RFI to express interest in the exploration and potential exploitation of its 'Project Laguna Blanca', located in the Laguna Blanca Salt Flat. The Company acknowledges the Chilean Government's prioritization of available areas of interest and confirms that the Laguna Blanca Salt Flat has not been categorized as a protected brine system, that consequently, is considered an eligible territory for this RFI process.
Appoints Daniel Weinstein from Chile to Advisory Board
With over two decades of legal experience in the mining and natural resources sector, Daniel has spearheaded mining-related transactions exceeding USD $22 billion across five continents, focusing particularly on Chile. His expertise covers critical industry aspects, from the commercial facets of the mining business to a deep understanding of the ever-evolving regulatory landscape.
Daniel joined Urzua Abogados in 2022 after a successful career of nine years (2004 – 2013) in renowned law firms in Chile and abroad, followed by another nine years leading the legal departments of prestigious companies, as Head of Legal for Chile and Peru at SNC-Lavalin (2013 – 2014); General Counsel at Quantum Pacific Exploration (2014 – 2017); ...