THE DRILL SERGEANT: Galan Lithium (ASX: GLN) claimed discovery of a new outcropping pegmatite with 500m-plus strike length at the Greenbushes South lithium project in Western Australia.
Greenbushes South is a Joint Venture between Galan (80%) and Lithium Australia (ASX: LIT) (20%).
The company reported there are further strong indications that this pegmatite remains open and continues along strike and builds on the previous pegmatite discovery announced in June.
“Initial exploration outcomes at Greenbushes South have been excellent,” Galan Lithium managing director JP Vargas de la Vega said in the company’s ASX announcement.
“The team is understandably excited about the fact that airborne geophysical targeting has successfully driven our field mapping and sampling focus, and already led to multiple new sizeable pegmatite outcrops being discovered.
“It is also important to note that the discovered pegmatites have similar macroscopic mineralogy to those pegmatites described at the Greenbushes Lithium Mine to the north.
“Today’s results take us a step further.
“We now have confirmation of anomalous lithium concentration levels in the soil samples that were taken over the initial pegmatite discovery at the GS11 target zone.
“Geological mapping and geochemical sampling activities are ongoing.
“There are further soil and rock sample assays pending, including those to be submitted from our newest pegmatite discovery.
“We have also launched a pilot ground geophysics program to overlay our exploration targeting efforts at Greenbushes South.
“All of this work is driving us towards the key outcome of premium target locations for our initial drilling program.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE