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Galan Lithium Ltd.
Summary
| Project: | Hombre Muerto | |
|---|---|---|
| Deposit: | Pata Pila | |
| Location: | Argentina | |
| Commodities: | Lithium-Magnesium | |
| Date: | 1/13/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-1-2020: Galan Lithium Ltd. announces an Exploration/Drilling Update report for its Pata Pila deposit at the Hombre Muerto project. 72 hour air lift test sample returned 946 mg/l Li over a >670m interval. Galan Lithium Limited (ASX:GLN) (Galan or the Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Luke Milan (Not stated) | |
| ABSTRACT: | Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to announce further outstanding lithium assay results from recent sampling performed at its Pata Pila tenement. These results will assist in the continued estimation of lithium brine resources at the Western Basin of the Hombre Muerto salar in Argentina. The Pata Pila license covers large alluvial fan areas lying adjacent to Livent Corporation’s (NYSE: LVHM) tenure, covering part of the western margin of the Hombre Muerto salar (Figure 1). These results confirm previous significant intercepts in drill data of high grade/low impurity lithium bearing brines from the Western Tenement project areas (ASX:GLN releases 11 September, 9 October and 19 December 2019). An airlift test of 72 hours was performed retrieving brine from between the intervals of 40m to 718.5m. This provides an average grade for the drill hole, which is host to three main lithological units (sands, conglomerates and porous halites) that are the brine bearing aquifers that are estimated to combine to a total of between 350-400m in width. See ASX:GLN release 11 September 2019 for PP-01-19 drill logs. The next phase of test work will be to more accurately determine the flow rates from the aquifers. | |
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