Millennial Lithium Enters Final Agreement to Acquire REMSA Land

Millennial Lithium Corp. (TSXV:ML) announced that it has entered into its final agreement with Salta Provincial Energy and Mining Company (REMSA) for the acquisition of 2,492 hectares of claims in the Pastos Grandes salar. The claims are contiguous with Millennials’ current landholdings in the area.
As quoted in the press release:

Completion of the acquisition will bring the Company’s holdings at Pastos Grandes to a total of 8,664 hectares.  The award of the REMSA Ground to the Company, and the terms of that award and acquisition, were disclosed in the Company’s news release dated August 24, 2017.  The process for entering into the Final Agreement was further detailed in the Company’s news release dated September 1, 2017.

Farhad Abasov, president and CEO of Millennial, commented:

We are very pleased to have finalized the agreement with REMSA. Our previous drill campaign in the southern section of our existing Pastos Grandes ground adjacent to the northern section of the REMSA ground will guide our intensive exploration and development program to commence next year. We are excited about the potential of this new ground and look forward to launching our technical programs on this ground.

Click here to read the full Millennial Lithium Corp. (TSXV:ML) press release.