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Galan Lithium Ltd

Galan Lithium's drilling confirms exceptional lithium grades at Pata Pila

Preliminary assays indicate consistent grades in excess of 900mg/l lithium ‐ some of the highest grades reported to date from any Argentinian brine project.

Galan Lithium Ltd - Galan Lithium's drilling confirms exceptional lithium grades at Pata Pila
Multiple brine zones up to 258 metres in thickness encountered

Galan Lithium Ltd (ASX:GLN) has revealed exceptional preliminary assay results from its maiden drill hole at Pata Pila, which forms part of its Western Basin Projects on the Hombre Muerto salar in Argentina.

Western Basin Projects

The Pata Pila licence covers a large alluvial fan adjacent to Livent Corporation’s (NYSE:LVHM) tenure covering the western margin of the Hombre Muerto salar.

The drill hole intercepted several brine horizons varying from 25 metres to 258 metres in thickness and was completed at 718 metres after encountering basement at a depth of 713 metres.

Preliminary results from four samples returned consistent, high lithium grades greater than 900 mg/l (milligram/litre) with low impurity levels.

Field and laboratory test results, drill hole PP‐19‐01, Pata Pila 

These results are significant, being some of the highest‐grade results reported from any brine project in Argentina to date.

Further samples taken to the end of the hole also reported heavy brines with high specific gravity values ~1.20 and conductivities >200 mS/cm (millisiemens per centimetre).

Galan is planning to undertake double packer tests following downhole geophysics which is currently underway.

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Price: $0.20

Market: ASX
Market Cap: $26.3 m
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Galan Lithium makes new discovery at Candelas project in Hombre Muerto

Galan Lithium Ltd (ASX:GLN) advisor Clive Jones speaks to Proactive Investors about the company's new discovery at the Candelas Lithium Brine Project in Agrentina's Hombre Muerto region. Drilling is ongoing, and more detailed sampling and downhole geophysics will be undertaken.

on 13/2/19

2 min read