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Galan Lithium Ltd.

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Summary

Project:

Hombre Muerto

Deposit:Rana de Sal, Pata Pila
Location:Argentina
Commodities:Lithium-Magnesium
Date:10/9/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:9-10-2019: Galan Lithium Ltd. announces an Exploration/Drilling Update report for its Rana de Sal, Pata Pila deposit at the Hombre Muerto project. All samples from maiden drill hole at Pata Pila return >900mg/l Li and Mg/Li <2.0. Galan Lithium Limited (AS
Resources:x
CP/QP:[Overall Report]: Luke Milan (Not stated)
ABSTRACT:Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to confirm that initial results from the maiden drilling program at Rana de Sal and Pata Pila, which form part of the Western Basin projects, located on the Hombre Muerto salar in Argentina, have intercepted several heavy brine bearing aquifers in both holes. The Rana de Sal and Pata Pila licences both cover large alluvial fan areas lying adjacent to Livent Corporation’s (NYSE: LVHM) tenure, covering the western margin of the Hombre Muerto salar. Drilling targeted highly conductive CSAMT (Controlled Source Audio-frequency Magnetotellurics) anomalies recorded from surveys previously completed in September last year (green lines in Figure 1), which are believed to represent the extension of Livent’s brine producing aquifer for their Fenix operation. Results from Pata Pila confirm the high grade nature with all samples returning lithium grades >900mg/l Li with low levels of Mg/Li at

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