Galan Lithium

Grant of Highly Prospective Greenbushes Tenement in Western Australia – E70/4629

Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to announce the grant of an additional key tenement, E70/4629 targeting lithium-bearing pegmatites. The exploration licence has been granted for a period of 5 years to February 2029. The tenement is approximately 260 km south of Perth, the capital of Western Australia, and less than 30 km south of the Greenbushes pegmatite at the Greenbushes Mine (Talison Lithium). The area covers roughly 43 km2 and expands Galan’s 100% owned tenement package to a total area of 315 km2.


  • Newly granted tenement (E70/4629) located less than 30 km south of Greenbushes mine
  • Importantly, tenement contains the historic tin workings associated with lithium-bearing pegmatites
  • A re-interpretation of historical geophysical data acquired by Galan indicates that the Donnybrook-Bridgetown Shear Zone extends into E70/4629 and may be responsible for the emplacement of pegmatites.
  • Processing of previous airborne geophysical data provides initial exploration targets
  • Maiden exploration campaign, including hand sampling and ground, geophysics set for H2 2024 over this highly prospective tenure
The Company is excited to commence exploration activities on the newly acquired tenement, leveraging our previously acquired data set of high-resolution radiometric and magnetic geophysical data from the airborne geophysical campaign flown in March 2022 (refer ASX Announcement dated 24 March 2022). Currently, the Company’s primary targets are historic tin workings in the Smithfield pegmatite area in the eastern portion of the tenement. These historic workings provide valuable geological insights and indicate potential spodumene mineralisation patterns within the region. Tin and tantalum are often associated with lithium-bearing pegmatites, and alluvial tins were the precursor to the Greenbushes Mine. Galan’s initial exploration activities will include geologic mapping, soil sampling and rock chipping, as well as ground geophysical surveys set to commence later this year.

Commenting on this important milestone, Galan’s Managing Director, Juan Pablo Vargas de la Vega said ”The grant of this key exploration licence is an important pillar of Galan’s exploration and evaluation activities at Greenbushes South. The tenure is highly prospective and its geological setting gives us the confidence to commence a maiden field campaign at the earliest opportunity. We look forward to updating the market as we advance the project.”

Figure 1: Location of Galan’s 100% owned Western Australian tenements and newly granted E70/4629

Figure 2: Aeromagnetic image showing the new tenement hosting a north-northeast trending structure that passes near the historic Smithfield pegmatite field.


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.

GLN:AU
Galan Lithium

Galan Lithium Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Galan Lithium

Galan Lithium


Keep reading...Show less

Developing high-grade lithium brine projects in Argentina

A battery with Australia flag.

4 Best-performing ASX Lithium Stocks of 2025

Global demand for lithium presents a significant opportunity for Australia, which is home to many ASX lithium mining stocks as the world's top lithium producer.

Australia’s abundant lithium reserves and strong mining sector, position the country as a key player in the battery value chain into the 2030s. However, rapid electric vehicle (EV) market growth projections drove increased lithium mining rates, leading to a global surplus.

Against that backdrop, Australia’s lithium sector faced headwinds in Q1 2025 due to falling global lithium prices and continued market oversupply.

Keep reading...Show less
A sack of US money.

California Touts US$540 Billion Salton Sea Lithium Discovery

Scientists have discovered an estimated US$540 billion worth of lithium beneath California’s Salton Sea, a finding that could reshape the global energy market and reduce US reliance on foreign lithium supply.

The Salton Sea, located in Southern California’s Imperial County, has long been considered an environmental concern due to its receding shoreline and rising air pollution.

Now, researchers funded by the US Department of Energy have confirmed the area holds approximately 18 million metric tons of lithium — far more than previous estimates of 4 million metric tons.

Keep reading...Show less
Lithium periodic symbol and Canadian flag.

Top 5 Canadian Lithium Stocks of 2025

The lithium market continued to battle headwinds during the first quarter of 2025 as residual oversupply weighed on prices, pushing them to a four year low.

Weaker-than-expected demand to start the year also added pressure to the oversupplied market, resulting in the lithium carbonate CIF North Asia price to fall below US$9,550 per metric ton, its lowest point since 2021.

Analysts have suggested the persistent downturn is the signaling of a market bottom. This theory is further supported by a projected production reduction that will help absorb market oversupply.

Keep reading...Show less
Green blocks with leaves on them push purple blocks with "CO2" written on them.

Funding the Energy Transition: The Role of Public and Private Finance in Building Supply Chains

The energy transition demands substantial funding as participants look to build out infrastructure and supply chains, but experts say new solutions are emerging to help navigate this landscape.

During the "Financing the Energy Transition" panel at the Benchmark Summit, participants discussed the role of government and public sector investment, as well as the outlook for Canada's electric vehicle (EV) supply chain.

Moderated by Adam Webb, head of battery raw materials at Benchmark Mineral Intelligence, the discussion at the Toronto-based event opened with a snapshot of Canada’s EV battery supply chain buildout.

Keep reading...Show less
International Lithium Chairman and CEO John Wisbey.

International Lithium Plans PEA on Rubidium Resource at Raleigh Lake Project, CEO Says

John Wisbey, CEO of International Lithium (TSXV:ILC), discusses the company's strategic sale of its Irish lithium property, progress on the Raleigh Lake lithium-rubidium project in Canada and expansion efforts in Zimbabwe.

Galan Lithium

Galan Lithium Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×