THE DRILL SERGEANT: Galan Lithium (ASX: GLN) added to previous news with the announcement of another exceptional lithium assay result from the company’s Hombre Muerto lithium brine project in Argentina.
The latest result came, once again, from the project’s Rana de Sal tenement.
Galan Lithium claimed the result confirms previous substantial intercepts in drill data of high-grade/low-impurity lithium bearing brines from the Western Tenement project areas.
The Rana de Sal license covers large alluvial fan areas covering part of the western margin of the Hombre Muerto salar.
Galan Lithium performed an airlift test, that provides an average grade for the drill hole, of 72 hours duration retrieving brine from between the intervals of 100 metres to 433 metres.
The air lift test sample returned 1,010 milligrams per litre (mg/l) lithium over an interval greater than 330m to confirm an outstanding grade average for drillhole RS-01-19 at Rana de Sal.
The results are the highest lithium grade reported by Galan on any drill hole at Hombre Muerto.
The company indicated its next phase of test work will be to more accurately determine the flow rates from the aquifer.
“We are delighted by these significant Rana de Sal results,” Galan Lithium managing director Juan Pablo Vargas de la Vega said in the company’s announcement to the Australian Securities Exchange.
“On the back of the recent Pata Pila testing, we are very excited as we are now thinking of a potential new project that could be as important as the Candelas project.
“The results will be reviewed by our team as part of our scoping and pre-feasibility studies shortly after the resource estimate for the Western Tenements is finalised.”