
February 26, 2023
Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to advise that the Program of Works (PoW) has been approved by the Department of Mines, Industry, Regulation and Safety (DMIRS) for the initial planned drilling activities at its 100%-owned Greenbushes South Lithium Project in Western Australia. Key Greenbushes South Project tenement, E70/4790, is located approximately 3 km south of the Greenbushes Lithium Mine (Figure 1).
Highlights:
- Program of Works (PoW) approved for maiden diamond drilling campaign at Greenbushes South Lithium Project in Western Australia.
- Drill pads built and ready, with drilling scheduled to commence this week.
- Key targets located only 4.5 km south of Greenbushes Mine open pit.
- Initial campaign of 2,500 metres set to test the first of several key targets identified within the project area.
- Further 550+ soil samples submitted to delineate new pegmatite targets within the project area.
- New ground geophysics underway over high trace element soil anomalies.
- Four large target areas identified over the Kirup Project to the north.
The initial campaign (approximately 2,500 metres drilling planned) is set to test the first of several key targets identified within the highly prospective Greenbushes South. Construction of requisite drill pads is complete and drilling is scheduled to commence on 1 March 2023.
Ground geophysics also commenced earlier this month on previously identified targets within E70/4790. These targets were defined by high concentrations of lithium and other trace elements in soil samples. The new ground geophysical results are expected later this quarter.
Additionally, a further approximately 550 soil samples have been collected and submitted for analysis. These soil samples were collected around the multiple new pegmatite outcrops identified across recent months and are expected to assist in targeting and delineating mineralisation beneath the subsurface.
The Kirup Project (E70/4777, E70/5680, and E70/4690) (Figure 2), located to the north of Greenbushes South, has undergone extensive target generation based on the processing of Galan’s aerial geophysics. Four (4) large target areas demonstrate strong prospectivity for blind lithium pegmatites. Field mapping and soil sampling are planned within these target areas.
Galan Managing Director, JP Vargas de la Vega, commented:
“Well done to the Galan team in advancing us to this exciting point. We look forward to testing our hypothesis, via this maiden drilling campaign, that significant lithium mineralisation exists south of the Greenbushes Mine. We are extremely encouraged by all data collected to date that demonstrates the strong potential for this to be the case. This includes having multiple observations of minerals associated with pegmatites only one metre below the sub-surface in the area we are about to drill.”
Figure 1: Drone photo over the drill target area
Figure 2: Galan’s Greenbushes South tenure
Click here for the full ASX Release
This article includes content from Galan Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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