Galan Lithium Hits Further Brines With Third Hole

THE DRILL SERGEANT: Galan Lithium (ASX: GLN) has completed a third drillhole, C‐03‐19, at the company’s Candelas lithium brine project located southeast of the Hombre Muerto salar in Argentina.

Galan Lithium drilled the hole approximately 2.5 kilometres south of its maiden drillhole (C‐01‐19) that provided results including an intercept of 192 metres at 802mg/l lithium with low impurities.

“The geological sequence largely replicates that observed in the maiden drillhole comprising a thick layer of ignimbrite lying below surficial alluvial cover,” Galan Lithium Said in its ASX announcement.

“The hole then encountered a sequence of sands and clays hosting salty waters which then, at approximately 276 metres, turned to brines hosted within a permeable breccia‐ conglomerate and, from 398 metres, within fractured basement.”

Galan Lithium said it would now case the hole and conduct downhole geophysical logging and further sampling of the brine.

Once this has been completed, it anticipates moving the drill rig to a new location to undertake drilling of a fourth drillhole.

The company is also awaiting the permitting for further drillholes at Candelas beyond the initial five holes approved by the Catamarcan authorities.