Galan Lithium Prepares for Further HMW Drilling
THE DRILL SERGEANT: Galan Lithium (ASX: GLN) has received permits for its next round of drilling from the Secretaria de Estado de Minería – Gobierno de Catamarca (the authority that approves drilling permits in Catamarca, Argentina).
Galan Lithium will soon commence its next drilling program over the Hombre Muerto West (HMW) project located on the Hombre Muerto salar in Argentina.
Preparatory works to access sites for drilling have now commenced within the Pata Pila and Rana de Sal concessions and drilling equipment has already mobilised to site.
The company explained that this next round of drilling aims to confirm and expand current resources and to test the dynamics of brine flow rates, and lithium grade necessary to estimate a maiden Reserves Estimate to be used as part of HMW’s Definitive Feasibility Study (DFS).
“We are pleased to be able to return to HMW, this time to drill for Reserves,” Galan Lithium managing director Juan Pablo (JP) Vargas de la Vega said in the company’s ASX announcement.
“With our new funding, Galan will also test new undrilled areas aiming to firm-up and increase resources.
“We want to prove that HMW could have a productive well field to support potential production as part of the DFS.”
The HMW project currently houses a high-grade, low impurity lithium brine resource of approx. 2.3 million tonnes lithium carbonate equivalent (LCE) at 946mg/l lithium.
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Email: admin@galanlithium.com.au