Great Southern Copper has options over potential copper gold projects in northern Chile. Initial exploration should help the company to understand the prospects in the two areas before spending a more significant amount of money.
The cash raised will be split between the San Lorenzo and Especularita projects, with the former getting more than one-third of the cash, plus provide working capital.
A new left wing President, Gabriel Boric, has been elected in Chile and he says that he will block a controversial mining project, but Chile has a long history of being a stable place for minerals explo...