[Video Enhanced] Monumental Minerals (MNRL.V) Founder Max Sali Talks to GSN About Lithium in Chile

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[{"type":"text","content":"[Video Enhanced] Monumental Minerals (MNRL.V) Founder Max Sali Talks to GSN About Lithium in Chile\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n September 14, 2022 - TheNewswire - Global Stocks News -\n \n \n Monumental\nMinerals\n \n \n (TSXV:MNRL) (FSE:BE5) (OTC:MNMRF) is\ndeveloping raw materials for the global energy transition.\n \n \n \n \n Its mineral portfolio includes the Laguna Blanca\nLithium Brine and cesium project located in Chile and the Jemi HREE\nproject in Mexico.\n \n \n \n \n On August 22, 2022 Monumental signed\n \n \n \n \n an LOI with Lithium\nChile to acquire a 50.01% interest in the Salar de Turi\nProject\n \n \n \n \n , located within the famed\nLithium Triangle.\n \n \n \n \n Upon completion of a definitive agreement, the Salar de\nTuri project will be added to MNRL’s portfolio.\n \n \n \n \n Recent Laguna Blanca sediment samples returned values\nof 1450 ppm lithium, and 690 ppm cesium. Cesium – a specialised\nindustrial lubricant - sells for about $100/gram, making a single\nwheelbarrow of Cesium worth $12 million.\n \n \n \n \n On Sept 12, 2022 Monumental Minerals Founder and\nDirector, Max Sali, spoke with GSN’s Guy Bennett about his\ninvestment and development strategies.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n “I don't do things I don't know,” explained Sali,\n“For me, it comes down to mining”.\n \n \n \n \n “Advantage Lithium was the first company I\nco-founded.  It sold for $69 million,” continued Sali, “If you\nlook at the value of the stock received, that transaction is now worth\nabout $400 million. So, I wanted to get back into the lithium\nsector”.\n \n \n \n \n “Defense Metals was the second company I founded.\nThere is a great possibility that following the upcoming PFS this\nproject could be a very economical mine and be put into\nproduction.”\n \n \n \n \n “Jamil Sader [Monumental CEO] and I have found some\nphenomenal assets in Chile.  Getting back into the space is good.\n If you look at our recent news, we had brine sample results from an\nauger hole, up to 405 milligrams per liter. That is following\nprecipitation.”\n \n \n \n \n Typically, rain or snow will dilute surface\nsamples.\n \n \n \n \n “Having that high grade of lithium con...

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