Greenbushes South Field Work Update

Greenbushes South Field Work Update

Highlights:

  • Galan has completed reconnaissance field work including preliminary sampling and mapping of the Greenbushes South Lithium project
  • Mapping indicates the major geological structure hosting the world class Greenbushes LCT pegmatite transects the current holdings
  • Soil and rock chip samples show continuation of anomalous levels of pathfinder elements associated with Greenbushes Li-Ta-Sn mineralisation
  • Initial sampling transects provide context for targeted sampling and future localised geophysical assessments.

Galan Lithium Limited (ASX:GLN) (Galan or the Company) has recently completed its first exploration sampling and mapping work at the Greenbushes South Lithium project (joint venture between GLN (80%) and LIT (20%)).

As previously announced, a review of historical data setsindicated a well-defined footprint of anomalous concentrations of pathfinder elements surrounding the Greenbushes mine and along its host structure. This led to an initial reconnaissance field visit being conducted by Galan last month which included preliminary field mapping and hard rock / soil sampling.

A major goal of the field mapping was to identify and map the surface expression of the DonnybrookBridgetown Shear Zone (DBSZ) that hosts the Greenbushes deposit. The DBSZ is a steeply dipping, N-S trending, shear zone associated which is primarily associated with syntectonic emplacement of the lithium bearing pegmatites of the Greenbushes mine to the north. This major geologic feature is recognised in geophysical data and the recent mapping helped identify its surface expression through the Greenbushes South project.

Additionally, 25 soil samples and 15 rock chip samples were taken perpendicular to strike of the DBSZ. Assays of soil and rock chip samples taken from near the DBSZ surface expression have arsenic (As) concentrations up to 574 ppm, up to 16 ppm antimony (Sb) and up to 12 ppm of tin (Sn). Additional samples taken from previously mapped pegmatite outcrops have concentrations of up to 27 ppm of tin (Sn).

This data, combined with the historical data, indicate that the DBSZ and its associated geochemical footprint continues along strike from the Greenbushes Deposit into the project area. These initial samples serve as a positive sign for future targeted soil and geophysical surveys along the DBSZ to help identify potential blind pegmatite bodies. Plans for further soil and rock chip sampling are underway.

Click here for the full ASX release.

Galan Lithium Limited Reports Quarterly Activities for the Period Ended 31 March 2021

The Board of Galan Lithium Limited (“Galan” or “the Company”) is pleased to provide this Quarterly Activities Report for the quarter ended 31 March 2021 and thereafter. The main focus for the quarter was the completion of the laboratory test work for its low carbon footprint brine evaporation process at its flagship Hombre Muerto West (“HMW”) project located in the South American Lithium Triangle in Catamarca, Argentina.

HIGHLIGHTS

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Galan Lithium Added to the MSCI Global Index

Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to announce that it has been added to the MSCI (Morgan Stanley Capital International) Australia Micro-Cap Index.

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Feasibility Foundation Work to Commence for Hombre Muerto West

Highlights:

  • Galan to commence foundation works for Hombre Muerto West (HMW) project to accelerate commencement of Feasibility Studies
  • SRK Consulting (Australia) to commence resource to reserves work
  • WPS Group (their team includes ex SQM hydrogeologist) appointed to support hydrogeological model at HMW
  • Ad-Infinitum preparation work has commenced on the Feasibility Study for the design of the lithium carbonate plant and a revised design of the evaporation ponds system
  • Commencement of aerial topography survey and design early works imminent
  • Greenbushes South JV field work commenced

Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to announce that it has commenced early foundation works for its feasibility study at its flagship Hombre Muerto West (HMW) project located in the South American Lithium Triangle in Catamarca, Argentina. It has also kicked off fieldwork associated with the Greenbushes South JV (GLN 80%- LIT 20%).

Galan’s Managing Director Juan Pablo (JP) Vargas de la Vega said: “It is all hands-on deck for the essential preparation of further geological data required to perform the Feasibility Studies for the Hombre Muerto West Project. Our commitment remains focused on getting HMW online as soon as possible. The work being undertaken by our consulting team of specialists will further strengthen the project by optimising our methods and increasing the confidence in our results to date.

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Galan Lithium Limited Reports Quarterly Activities for the Period Ended 31 March 2021

The Board of Galan Lithium Limited (“Galan” or “the Company”) is pleased to provide this Quarterly Activities Report for the quarter ended 31 March 2021 and thereafter. The main focus for the quarter was the completion of the laboratory test work for its low carbon footprint brine evaporation process at its flagship Hombre Muerto West (“HMW”) project located in the South American Lithium Triangle in Catamarca, Argentina.

HIGHLIGHTS

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Data Review Enhances Prospectivity at Galan’s Greenbushes South Lithium Project

Highlights:

  • CSIRO’s historical datasets show prospectivity for Galan’s Greenbushes South Lithium Project
  • Historical laterite geochemistry data collected prior to mining at Greenbushes
  • Elevated abundances of pathfinder elements display a well-defined anomaly adjacent to Greenbushes South
  • Dispersion of elements into the laterite profiles include arsenic, tantalum, tin and antimony among others
  • Galan to commence sampling and mapping at Greenbushes South next month

Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to announce that it has completed a review of historical CSIRO data which enhances the prospectivity of its Greenbushes South Lithium project.

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High-Grade Maiden Lithium Resource Exceeds Expectations

Highlights:

  • Maiden Inferred mineral resource for Pata Pila and Rana de Sal of 1.08Mt of contained lithium carbonate equivalent (LCE) @ 946mg/l Li (no cut off) at the HMW project.
  • Resource estimate significantly exceeds Galan’s expectations of grade, impurities and size
  • Galan’s total combined mineral resource increased by 158% from 685kt LCE @ 672mg/l Li to 1.77Mt LCE @ 837mg/l Li
  • Potential for further resource estimates from Portofino option concessions to be assessed
  • Exploration upside exists for the remaining HMW concessions
  • Results strongly complement the Candelas Scoping and Pre-Feasibility Study with project synergies now being reviewed and upgraded
  • The Galan projects represent one of the highest grade/lowest impurity resources within Argentina

Galan Lithium Limited (ASX:GLN) (Galan or the Company) is very pleased to announce the maiden JORC (2012) reported Mineral Resource estimate for the Hombre Muerto West lithium brine project located in Catamarca province, Argentina. The resource estimate was completed by the Company’s consultants SRK Consulting (Australasia) and was conducted by their Australian based team.

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Australia's Cannabis Export Market: Facts to Know

The legalisation of medicinal cannabis in Australia, along with the decriminalisation of cannabis in the Australian Capital Territory, is creating opportunities for the export market.

But what types of cannabis products are being exported from Australia and where are they going?

Read on for a look at Australia's cannabis export market, including how it started up, where the country sends its cannabis products and what could be next as the nation's marijuana space develops.

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Elizabeth Gold Project Drilling Update

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The 2021 drilling campaign began on June 5 th . Five diamond drill holes have been completed to date for a total of 774 metres. Drill hole EZ-21-04, drilled on the Northern extension zone of the South West vein, has intersected a wide zone of quartz veining (approximately 4.2-metres), from 121.8-126.0 m, with visible gold evident over approximately one metre (see Figure 1). Additional quartz veining with visible gold has been identified in diamond drill hole EZ-21-02.

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Galaxy Resources Limited Announcement

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Lake Resources Managing Director: Definitive Feasibility Study for Kachi Lithium Project is Underway

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Lake Resources Managing Director: Definitive Feasibility Study for Kachi Lithium Project is Underway youtu.be

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Rio Tinto opens new scandium plant in Canada

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Rio Tinto confirms Peter Cunningham as Chief Financial Officer

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Peter was previously Group Controller and has held a number of senior financial and non-financial leadership positions across Rio Tinto in Australia and the UK. In a career spanning 28 years with Rio Tinto, he has held roles including Global Head of Health, Safety, Environment & Communities; Head of Energy and Climate Strategy; and Head of Investor Relations. Prior to joining Rio Tinto, Peter qualified as a chartered accountant.

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