Galan Lithium diamond drills Hombre Muerto basin near Galaxy and Livent
Galan is named for the Cerro Galán volcano system near its Argentinian ground.
Company
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.
78 stories · page 3 of 4
Galan is named for the Cerro Galán volcano system near its Argentinian ground.
Canadian based international drilling company Major Drilling will carry out the campaign comprising five holes.
The lithium price faces a slow downward trend to 2022 as the market shifts into a supply surplus in 2019.
The company is exploring lithium brines within the lithium triangle region in Argentina.
The transaction aligns the chairman with shareholders and is a vote of confidence in the company.
The company has begun works in preparation for drilling in January 2019.
The company is preparing to advance exploration at its lithium brines project in Argentina’s Catamarca province.
The company is preparing to advance exploration at its lithium brines project in Argentina’s Catamarca province.
The two-day Technology and Low Emission Minerals Conference featured many of Australia’s emerging resource companies focused on sustainable operations and new energy minerals.
The conference will be held at the Westin Hotel in Perth next Tuesday and Wednesday, November 13 and 14.
The newly-discovered prospective areas represent a 24% increase in the company's total potential surface brine coverage bringing it to about 7,800 hectares.
Permitting procedures to conduct drilling over the project are well advanced to commence drilling in the current quarter.
Around 600 investors will spend time at the Sydney event on Tuesday or at the Melbourne event on Thursday.
Hardware & electrical equipment
GlobalData forecasts that demand for lithium will more than double to 58,300 tonnes in 2022.
The company's core asset is the Salar de Hombre Muerto Lithium Project in Argentina.
The company is exploring for lithium in an area with proven substantial resources.
Funds raised are to continue with pre-clinical research and development activities, fund human clinical trials and expand the management and advisory team.
Gleneagle Gold Ltd / Zelda Therapeutics Gold Ltd Sydney Investor Luncheon Presentation
Gleneagle Gold is in the final stages of its transition into the medical cannabis sector. Find out the next steps when Dr. Stewart Washer presents at Proactive's Spotlight CEO Sessions, 3 August. Register today!