Galan Lithium Extends Third Candelas Hole

THE DRILL SERGEANT: Galan Lithium (ASX: GLN) announced completion of drilling, casing and sampling of the third drillhole (C‐03‐19) at the company’s Candelas lithium brine project located in Catamarca province, Argentina.

The drillhole is located approximately 2.5 kilometres south of the maiden drillhole (C‐01‐19, figure 1) that included results such as 192 metres at 802mg/l Li with low impurities.

Galan Lithium carried out downhole geophysics following its initial termination of the drillhole, results from which indicated that highly conductive and high Specific Gravity (SG) brine was still being encountered to the bottom of the hole.

The company decided to deepen the hole to a final depth of 454m.

Several packer tests were performed using the downhole data as guidance which indicated a preferred section from 313m to 454m with conductivities in excess of 200mS/cm and SG readings approximately 1.19g/cm3.

The hole was then cement cased to 315m and left open to the bottom of the hole within the brine section.

“Final samples have now been undertaken with results expected in the next fortnight to allow for the Easter break,” Galan Lithium said in its ASX announcment.

The company has now commenced drilling drillhole 4 (C‐04‐19), around 3km south of C‐03‐19 and 5.3km south of drill hole C‐01‐19 on CSMAT Line 3.

 

Website: www.galanlithium.com.au