ASX:GLN

GALAN TO COMMENCE NEXT DRILLING PROGRAMME AT HOMBRE MUERTO WEST

Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to announce that, following the recent receipt of the next round of drilling permits from the Secretaria de Estado de Minería - Gobierno de Catamarca (the authority that approves drilling permits in Catamarca, Argentina), Galan will commence its next drilling programme over the Hombre Muerto West (HMW) project located on the Hombre Muerto salar in Argentina.


Highlights

  • Galan has received the next round of drilling permits for Hombre Muerto West
  • Drilling campaign to assess new resources and maiden reserves at Hombre Muerto West
  • Drilling will also test production well flow rates and lithium grade
  • Earthworks has commenced and drilling equipment on site

Preparatory works to access sites for drilling have now commenced within the Pata Pila and Rana de Sal concessions. Drilling equipment has already mobilised to site. This next round of drilling aims to confirm and expand current resources and to test the dynamics of brine flow rates, and lithium grade necessary to estimate a maiden Reserves Estimate to be used as part of HMW's Definitive Feasibility Study (DFS).

Galan's Managing Director, Juan Pablo ("JP") Vargas de la Vega, said:

"We are pleased to be able to return to HMW, this time to drill for Reserves. With our new funding, Galan will also test new undrilled areas aiming to firm-up and increase resources. We want to prove that HMW could have a productive well field to support potential production as part of the DFS."

The HMW project currently houses a high-grade, low impurity lithium brine resource of ~2.3Mt LCE @ 946mg/l Li.

The Galan Board has authorised this release. For further information contact:

Juan Pablo ("JP") Vargas de la Vega Terry Gardiner

Managing Director Non-Executive Director

Email: jp@galanlithium.com.auEmail: TGardiner@galanlithium.com.au

Tel: +61 8 9322 6283 Tel: + 61 400900377

GLN:AU
The Conversation (0)
Galan Lithium

Galan Lithium


Keep reading...Show less
Livium Ltd

Livium Awarded ~A$850k Grant by WA Government to Develop a Battery Recycling Facility

Livium Ltd (ASX: LIT) ("Livium" or the "Company") is pleased to announce that its wholly owned subsidiary Envirostream Australia Pty Ltd ("Envirostream") - which is leading Australia's battery recycling industry - has been awarded a -AS850k grant from the Western Australia ("WA") government. This funding will be used to support the development of Envirostream's battery recycling facility in WA, marking a significant milestone in Envirostream's efforts to build a nationwide solution for electronic waste ("e-waste") management.

Keep reading...Show less
Total Voting Rights

Total Voting Rights

In conformity with the Disclosure Guidance and Transparency Rules ("DTRs") of the Financial Conduct Authority (the "FCA"), CleanTech Lithium, an exploration and development company advancing lithium projects in Chile for the clean energy transition, announces that as at the date of this announcement the Company's issued share capital consists of 167,889,592 ordinary shares of 1p each with voting rights (the "Ordinary Shares").

Keep reading...Show less
Lithium Universe (ASX:LU7)

Entitlement Issue Prospectus

Lithium Universe (ASX:LU7) presents this entitlement issue prospectus.

Keep reading...Show less
Lithium Universe

Quarterly Report Highlights

Strong Preliminary Feasibility for Bécancour Lithium Refinery

Lithium Universe Limited (‘LU7’) is pleased to present its Quarterly Activities and Cash Flow Report.

Keep reading...Show less
Octava Minerals Limited

Exploration Update

Octava Minerals Limited (ASX:OCT) (“Octava” or the “Company”), a Western Australia focused explorer of the new energy metals REE’s, antimony, gold & nickel, is pleased to provide an exploration update on its Western Australian exploration projects.

Keep reading...Show less

Latest Press Releases

Related News

×