- CEO
- Samuel James Melville Garrett
- Full Time Employees
- 12
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 99 Gresham Street London GL United Kingdom EC2V 7NG
- IPO Date
- Dec 20, 2021
- Business
- Great Southern Copper PLC is a United Kingdom-based mineral exploration company specializing in the discovery and evaluation of copper, gold, silver, and lithium deposits. The company focuses primarily on exploring large-scale porphyry copper-gold deposits in Chile, operating through three key projects: the Especularita Project, the San Lorenzo Project, and the Monti Lithium Project. Especularita and San Lorenzo are copper-gold exploration sites within the coastal metallogenic belt of northern Chile, comprising extensive areas of exploitation and exploration concessions. The Monti Lithium Project is situated in the Salar de Atacama, a globally significant lithium-producing region. Great Southern Copper aims to generate shareholder value through exploration and potential development of these mineral assets, targeting copper, gold, silver, and lithium in a market pivotal to the clean energy transition. The company was founded recently with headquarters in London.
In the last two years, Great Southern Copper has made significant advancements including the acquisition of exploitation concessions at the Cerro Negro prospect, which contains the historical Mostaza Mine with confirmed high-grade copper-silver-gold mineralization. The company finalized a purchase option agreement in 2024 to acquire 100% ownership of Cerro Negro, advancing the project with drilling campaigns focused on resource expansion and exploration of new targets such as Viuda Negra. Great Southern Copper also completed a £2.5 million equity funding round in 2024 to support exploration activities, highlighting investor confidence amid challenging mining finance conditions. The company's strategic focus includes extensive drilling programs at Mostaza and other prospects, with notable recent drill results confirming high-quality copper and silver grades. This operational expansion and aggressive exploration strategy position Great Southern Copper as a key player in Chile's underexplored copper-gold belt.
Great Southern Copper operates two reportable segments: exploration activities in Chile and corporate operations based in the United Kingdom. Its exploration projects cover substantial land concessions with some granted and others in the process of being granted, reflecting ongoing asset development efforts. The company targets primarily large-tonnage, low-to-medium-grade porphyry copper-gold deposits alongside high-grade mineralization zones. Its operations support the global market's demand for copper and lithium, critical for infrastructure, electric vehicles, and energy storage technologies.
Overall, Great Southern Copper PLC is advancing its copper and lithium exploration portfolio through strategic land acquisitions, drilling programs, and capital raising initiatives focused on resource growth and sustainable mining practices in Chile's prominent mining jurisdiction. The company continues to progress towards defining commercial mineral resources and positioning itself in the specialty mining and metals sector with a focus on clean energy transition minerals.