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Galan Lithium Ltd.
Summary
| Project: | Hombre Muerto | |
|---|---|---|
| Deposit: | Rana de Sal | |
| Location: | Argentina | |
| Commodities: | Lithium-Magnesium | |
| Date: | 1/15/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-1-2020: Galan Lithium Ltd. announces an Exploration/Drilling Update report for its Rana de Sal deposit at the Hombre Muerto project. 72 hour air lift test sample returned 1010 mg/l Li over a >330m interval. Galan Lithium Limited (ASX:GLN) (Galan or the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Luke Milan (Not stated) | |
| ABSTRACT: | Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to announce another outstanding lithium assay result from its Rana de Sal tenement. This result confirms 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). The Rana de Sal 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). An airlift test of 72 hours was performed retrieving brine from between the intervals of 100m to 433m. This provides an average grade for the drill hole, which encountered mostly sands which make up the brine bearing aquifer. The aquifer is estimated to total approximately 330m in thickness. The next phase of test work will be to more accurately determine the flow rates from the aquifer. | |
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