Maiden Drill Program To Commence At Greenbushes South Lithium Project

Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to announce a maiden drilling program at the newly defined Fry’s Block located within its 100% owned Greenbushes South Lithium Project. Diamond drilling is scheduled to commence in late January 2023, pending receipt of program of works (POW) approvals.

Highlights:

• Maiden drill targets identified at Fry’s Block following extensive fieldwork, geochemical and geophysical data analysis
  
• Diamond drilling campaign to commence late January 2023 pending POW approvals
• Exploration program ongoing, including geophysics, soil sampling and target generation

Greenbushes is currently the largest hard-rock lithium mine in the world and has been in production since 1983. It is operated by Talison Lithium Pty Ltd, a private company now owned by joint venture partners Tianqi Lithium Corporation / IGO Limited JV (51%) and Albemarle Corporation (49%).

The five-hole diamond drilling program has been developed to test three interpreted pegmatite targets at the Fry’s Block Prospect on E70/4790. The shallow-angled drilling program follows recent successful fieldwork campaigns, including highly encouraging geophysics and soil sampling results (refer ASX announcements dated; 1 August 2022, 15 June 2022, 24 March 2022 and 15 November 2021).

Located approximately 3 km from the operational Greenbushes mine, the potential pegmatite targets at Fry’s Block are thought to be part of a more extensive, interfingering geologic system. Diamond drilling has been selected to capture the sample and geometry of the pegmatites, details of their magmatic histories as well as any potential irregularities in grade distribution.

Galan’s Managing Director, JP Vargas de la Vega, commented:

“We are very excited by the identified opportunity at the newly defined Fry’s Block which follows our extensive fieldwork, geochemical and geophysical data analysis. We now have three highly prospective targets, land access, a drilling contractor and ideal weather conditions ready for our maiden drilling campaign at our fully owned Greenbushes South Lithium Project. We expect these initial targets to be the first of many planned in one of the world’s most renowned lithium districts.”

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.