Ormus Selling Lithium Deposits
at Salar de Maricunga

About the Project

In 2020 Ormus was appointed by Sociedad Legal Minera (Minera) to seek indicative offers for the license tenements of lithium deposits located 170 km (106 m) from the city of Copiapo, Atacama Desert, Chile.

The license brine tenements have an area of 4,200 hectares (10,378 acres) and are located inside the Polygon defined by Codelco for the Government in 2017, upon signature of Agreement Nº 2224/2017, authorizing public and private investors to explore and exploit Maricunga. The polygon is located on the southwest area of the Maricunga salt field, and today public and private sectors investors can request exploration and exploitation licenses. Codelco, Soquimich, COMINOR, Lithium Power International and many other firms own concessions in the polygon.

Salar de Maricunga is the second best salt field in the world in lithium content, only after Salar de Atacama. The salt field has an area of ≈3,045 km2 (≈752,436 acres) and is located at an elevation of ≈3,760 masl (≈12,336 ftasl). Chile has largest verified Li reserves, with a stock of over 7.5 million tons of the element, located within the Lithium Triangle.


Meet our team

Eduardo Frugone

Executive Director

CEO of Ormus SpA, Eduardo is a Chilean Fisheries Engineer , dedicated to high technology, involved in the nano technology industry. He represents EXAGON in Latam, an important  high-tech company. For more than 20 years, Eduardo has worked as a consultant in the fields defense, security and advanced technologies. He's s also CEO of TecnoMilitar SpA Chile, a company specialized in defense equipment and advanced security. He is fluent in Spanish and English.

Juan Francisco Abogabir

 Commercial Director

Juan is a Chilean Business Manager with over 35 years’ experience in corporate real estate and finance. He's served as advisor to multinationals in Chile, Peru and Argentina. Previously, Juan was CEO of RWRE, Vice-president of U.S. Equities Realty Chile, CEO and Regional Director at Colliers International and Regional Director of Mackenzie Hill. He developed the wealth management unit in South America for investment bank Kidder, Peabody & Co., in New York. Juan received a BA in Business Management from North Carolina State University and an MBA from Babson College. Fluent in Spanish and English.

Contact Us

You can reach us at any of the following emails, or click on the button.
jfa@ormus.cl | etfw@ormus.cl