For thousands of other reports visit RSC's Mineral Intellingence Map
Galan Lithium Ltd.
Summary
| Project: | Candelas | |
|---|---|---|
| Deposit: | Candelas | |
| Location: | Argentina | |
| Commodities: | Lithium | |
| Date: | 4/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-4-2019: Galan Lithium Ltd. announces an Exploration/Drilling Update report for its Candelas deposit at the Candelas project. Drilling results incl. 192.0m @ 122mg/l Li, 373mg/L Mg, 348ng/L B, 1867mg/L K from 470m. Galan Lithium Limited (ASX:GLN) (Galan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Luke Milan (Independent) | |
| ABSTRACT: | Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to announce that field measurements indicate that the upper levels of a brine bearing aquifer have been encountered in the third drillhole, C-03-19, at the Candelas Lithium Brine Project located on the Hombre Muerto salar in Argentina. The brine was intercepted from depths of approximately 280 metres to the current depth of ~309m and is located approximately 2.5kms southeast of the maiden drillhole which provided outstanding results including an intercept of 192m @ 802 mg/l Li with low impurities (ASX announcement 11 March 2019). The geological sequence largely replicates that observed in the maiden drillhole incorporating a thick layer of ignimbrite lying below surficial alluvial cover. The hole then encountered a sequence of sands and clays hosting salty waters which then, at ~280m, turned to brines hosted within a permeable breccia-conglomerate. Conductivity measurements from brine samples exceeded the 200 millisiemens/cm limits of the field recording instrument whilst specific gravity was recorded at 1.13 g/cm3 . Brine temperatures are below 20° c confirming that the aquifer intercepted in the second drillhole, where aquifer temperatures reached in excess of 55° c located ~7km to the south, has likely been diluted with localised hydrothermal waters. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report