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Galan Lithium Ltd.
Summary
| Project: | Candelas | |
|---|---|---|
| Deposit: | Candelas | |
| Location: | Argentina | |
| Commodities: | Lithium | |
| Date: | 4/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-4-2019: Galan Lithium Ltd. announces an Exploration/Drilling Update report for its Candelas deposit at the Candelas project. Drilling results incl. 143.0m @ 784mg/l Li, 2144mg/L Mg, 565ng/L B, 8240mg/L K from 311m. Galan Lithium Limited (ASX:GLN) (Gala | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Luke Milan (Independent) | |
| ABSTRACT: | Galan Lithium Limited (ASX:GLN) (Galan or the Company) has now received final assays from its third drillhole (C‐03‐19) at the Candelas lithium brine project located in Catamarca province, Argentina. The drillhole is located approximately 2.5kms south of the maiden drillhole (C‐01‐19, figure 1) which provided outstanding results including an intercept of 192m @ 802 mg/l Li with low impurities (ASX announcement 11 March 2019). Following downhole geophysical logging several packer tests were performed and samples collected and sent for analyses. Field tests and logging indicated a substantial intercept of brine where assays confirmed an exceptional intercept of 143m @ 784 mg/l Li from 311m to 454m. Furthermore, impurity levels continue to return low values with Mg:Li ~2.70 similar to those observed at the nearby Livent’s (NYSE:Fenix and Galaxy Resources’ (ASX:GXY) Sal de Vida operations. | |
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