Galan Lithium confirms 160 metres of brine in latest drilling at Candelas in Argentina
Initial field testing has indicated a brine section with specific gravity up to 1.13 and conductivity of more than 200 mS/cm.
Company
Galan Lithium Ltd
ASX:GLN
Galan Lithium Ltd is a lithium exploration and development business. The company’s flagship assets comprise two world-class lithium brine projects, HMW and Candelas, located on the Hombre Muerto Salar in Argentina, within South America’s ‘lithium triangle’. Galan is also exploring at Greenbushes South in Western Australia, approximately 3 km south of the Tier 1 Greenbushes Lithium Mine.
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Galan Lithium receives second stage drilling permits
This is another important step on the path towards a maiden lithium brine JORC resource.
Galan Lithium confirms consistent brine coverage over large northern area of Candelas Lithium Brines Project
Conductivity measurements on brine samples taken from Galan’s fifth drill hole at Candelas have indicated high conductivity.
Investments and investor services
RIU Sydney Resources Roundup next week focuses on juniors and mid-caps
The event from Tuesday to Thursday will feature more than 70 presentations along with a large exhibition area.
Galan Lithium confirms high grade brine at Candelas with low impurities
The results to date confirm that a potentially substantial volume of high quality, low impurity lithium bearing brine exists over a large area.
Galan Lithium confirms brines over 2.5 kilometres of strike at Candelas
The company has started a fourth drill hole 35 kilometres south of the third hole.
Galan Lithium identifies conductive brines over 154 metres at Candelas Lithium Brine Project
High conductivity levels ranged from 183 to more than 200 mS/cm with geophysics and further sampling being undertaken.
Galan Lithium secures $4 million for lithium drilling in share placement , shares up 13%
Shares are trading up 13.8% to 37 cents at 12.49pm, well above the issue price.
Galan Lithium up 30% on discovery of highly conductive brines in third hole at Candelas
Sample and geophysical profiling of the second drill hole has also been completed.
Galan Lithium non-executive director buys shares on-market
Recent geophysics and now drilling indicate the potential of Galan’s Candelas project to host a substantial volume of lithium brine.
Galan Lithium managing director buys shares on-market
Juan Pablo Vargas de la Vega is the second director this week to demonstrate confidence in the company’s lithium strategy.
Galan Lithium director shows confidence in lithium strategy with on-market purchase
Terry Gardiner has today acquired 100,000 shares and now holds almost 5.196 million in direct and indirect interests.
Galan Lithium’s preliminary field tests indicate aquifer potential at Candelas Lithium Brine Project
Recent geophysics and now drilling indicates the potential of the Candelas project to host a substantial volume of brine.
Galan Lithium confirms high lithium grade at Candelas; second drill hole underway
Exceptional intersection of 192 metres at 802 mg/litre lithium from the maiden drill hole at the Candelas Lithium Brine Project.
Galan Lithium enters trading halt pending drilling update
The company’s recent drilling confirmed exceptional, high-grade lithium-bearing brines at the Candelas Lithium Brine Project in Argentina.
Galan Lithium’s maiden drill hole hits 166 metres of lithium bearing brines at Candelas in Argentina
Recent geophysical data and drilling indicated the potential for the project to host a substantial volume of lithium brine.
Galan Lithium’s drilling confirms thick lithium-bearing brines at Candelas, shares jump
Impurity levels are low; comparable with high-quality brines currently being mined at Hombre Muerto.
Investments and investor services
RIU Explorers Conference next week has packed program of presenters
The event will attract “the who’s who of the junior and mid-cap market CEOs” and will have a “bustling exhibition area”.
Galan Lithium halts shares ahead of maiden lithium brine assays
Notably, preliminary observations already confirmed a substantial intersection of brine.
Galan Lithium drills brine in maiden hole at lithium project
The intersected brine has now been dispatched to a lab for lithium assaying.