Auxico Resources announces acquition of 85% of El Benton Mine and adjacent Monte Verde concessions

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[{"type":"text","content":"Auxico Resources announces acquition of 85% of El Benton Mine and adjacent Monte Verde concessions\n \n \n (NewsDirect)\n \n \n \n \n Auxico Resources CEO Pierre Gauthier\njoined Steve Darling from Proactive to to discuss the company's\nlatest strategic move, as it has entered into a Memorandum of\nUnderstanding (MOU) to acquire an 85% equity interest in the mining\ntitle and rights to the El Benton Mine and adjacent Monte Verde\nconcessions.\n \n \n This acquisition marks\na significant development for Auxico Resources, as it provides them\naccess to a valuable mining asset with considerable potential. The El\nBenton Mine and Monte Verde properties collectively encompass\napproximately 739 hectares of land, strategically located in the\nProvince of Ñuflo de Chavez, Department of Santa Cruz, Eastern\nBolivia, and are situated just 200 kilometers from the city of Santa\nCruz.\n \n \n The El Benton Mine has a\nnoteworthy history, having been a past-producing operation with all\nthe necessary licenses to export tantalum and niobium concentrates.\n \n \n Auxico Resources is now poised to\nrevitalize this mine, with the aim of producing commercial niobium and\ntantalum concentrates. Additionally, the company intends to explore\nthe lithium potential of the property, aligning with the increasing\ndemand for lithium in various industries, especially as it plays a\ncrucial role in the global shift toward clean energy.\n \n \n Furthermore, Auxico Resources plans to\noptimize sorting processes to create concentrates of elements required\nfor the transition to clean energy, thereby capitalizing on the\ngrowing market for these essential materials.\n \n \n The acquisition\nof the El Benton Mine and Monte Verde concessions aligns with Auxico\nResources' strategy to expand its mining portfolio and contribute\nto the development of critical materials needed in a sustainable and\neco-friendly future.\n \n \n \n Contact Details\n \n \n \n Proactive\nCanada\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2569,"tagName":"div"}]

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