Permitting is in place to commence drilling. Canadian mining company MGX Minerals has signed a definitive option agreement to acquire 50 % of the shares in Chilean Lithium Salars , which has a 100 % interest in three lithium brine projects in Chile at Francisco Basin , Laguna Grande and Laguna Escondida . With drilling permission already in place for all three projects , contractors are due to start exploratory work immediately at the Francisco Basin site , while samples have been taken at Laguna Grande prior to work beginning using MGX Mineral 's rapid lithium extraction technology .
Canadian mining company MGX Minerals has signed a definitive option agreement to acquire 50 % of the shares in Chilean Lithium Salars , which has a 100 % interest in three lithium brine projects in Chile at Francisco Basin , Laguna Grande and Laguna Escondida . With drilling permission already in place for all three projects , contractors are due to start exploratory work immediately at the Francisco Basin site , while samples have been taken at Laguna Grande prior to work beginning using MGX Mineral 's rapid lithium extraction technology .