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Atacama Resources International
Atacama Resources International is a Florida-based junior miner exploring cobalt, silver, and graphite across 3,000 acres in Ontario's Cobalt Camp.
Atacama Resources International
Atacama Resources International incorporated to acquire and explore mining properties in Ontario's Cobalt Camp and Kirkland Lake regions. The firm's claim footprint spans roughly 3,000 acres across the Atacama 1, 2, and 3 properties, sited in a district that the U.S. Geological Survey lists as a globally significant cobalt producing region (per USGS, 2023). Grant has led the company since its early-stage listing on the OTC Markets, where it trades under the ticker ACRL. The exploration strategy targets battery-metals — cobalt, silver, and graphite — the three inputs structurally linked to lithium-ion battery anodes and cathodes. Stage coverage is exclusively early-exploration. The firm has not disclosed a maiden resource estimate or completed a preliminary economic assessment. Its public filings describe ground-based geophysics, soil sampling, and drilling campaigns as the active workstreams (per ACRL filings, 2023). No off-take agreements or joint-venture partners are named in current disclosures. Atacama Resources operates as a lean micro-cap with no disclosed institutional backing, one named operating principal, and no reported adjacent vehicles — no philanthropy arm, no LP fund, and no membership in mining-incubator collectives. As of May 2024, the company amended its articles of incorporation to increase authorized shares, a move typical of junior explorers raising exploration-stage capital (per Nevada Secretary of State filings, May 2024). Structurally, Atacama sits as a pure-play exploration shell: no revenue, no NI 43-101 compliant resource, and full dependence on equity markets for drill-program funding. That posture lets it move claims through permitting and early fieldwork without the overhead of a producer, but makes it entirely subject to the junior-mining risk profile — speculative, illiquid, and bound to the battery-metals macro cycle.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Orlando
Corporate office
Orlando, FL, United States
Principals
Glenn Grant
President, CEO, and Director
Sector focus
Frequently asked questions
Who runs investment decisions at Atacama Resources International?
Glenn Grant, listed as President, CEO, and a Director, runs the company (per OTC Markets, 2024). Because Atacama is a junior exploration company with one named principal, operating decisions — including which claims to stake and which drill programs to pursue — effectively concentrate with Grant. No separate investment committee or external advisory board is disclosed in public filings.
What are Atacama's principal mining claims, and where are they located?
Atacama controls approximately 3,000 acres of mineral claims divided into three properties — Atacama 1, 2, and 3 — in Ontario's Cobalt Camp, near the historic Kirkland Lake mining district (per ACRL filings, 2023). The Cobalt Camp is a globally recognized source of high-grade cobalt and silver, and the U.S. Geological Survey has flagged the broader Ontario region as a strategically significant cobalt-producing corridor (per USGS, 2023).
Does Atacama have a published resource estimate compliant with NI 43-101?
No. The company has not yet released a maiden resource estimate or a preliminary economic assessment. Junior explorers typically need to complete multiple phases of drilling before commissioning a 43-101 technical report, and Atacama's current disclosures only reference geophysics, soil sampling, and scout-drilling workstreams. Until a compliant resource figure is published, the properties have no independently verified economic value.
What is Atacama's structural relationship with end-users or battery manufacturers?
There is no disclosed offtake agreement, joint venture, or strategic partnership with any battery manufacturer, automaker, or metals trader. The company operates purely as an exploration-stage vehicle, meaning its value proposition rests entirely on the exploration potential of its claims rather than any commercial relationship with downstream buyers.
How is Atacama Resources funded, and where does it trade?
Atacama Resources International trades on the OTC Markets under the ticker ACRL. As a pre-revenue exploration company, it funds operations through equity raises rather than debt or production cash flows. In May 2024, the company amended its articles of incorporation to increase its total authorized shares — a governance move consistent with junior explorers accessing capital for fieldwork (per Nevada Secretary of State filings, May 2024).
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