Mining
Galan Lithium Limited (ASX:GLN) is an ASX-listed lithium exploration and development business. Galan’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’. Hombre Muerto is proven to host lithium brine deposition of the highest grade and lowest impurity levels within Argentina. It is home to the established El Fenix lithium operation (Livent Corporation) and the Sal de Vida (Allkem) and Sal de Oro (POSCO) lithium projects. Galan is also exploring at Greenbushes South in Western Australia, approximately 3 km south of the Tier 1 Greenbushes Lithium Mine.
Hombre Muerto West (HMW): A ~16 km by 1-5 km region on the west coast of Hombre Muerto Salar neighbouring Livent Corp. to the east. HMW is currently comprised of twenty one mining tenements. Geophysics and drilling at HMW demonstrated significant potential of a deep basin. In May 2023 an updated Mineral Resource estimate was delivered totalling 6.6 Mt of LCE. There still remains exploration upside for other areas of the HMW concessions that have not been included in the current resource estimate.
Candelas: A ~15 km long by 3-5 km wide valley-filled channel which project geophysics and drilling have indicated the potential to host a substantial volume of brine and over which a maiden resource estimated 685 kt LCE (Oct 2019). Furthermore, Candelas has the potential to provide a substantial amount of processing water by treating its low-grade brines with reverse osmosis, this is to avoid using surface river water from Los Patos River.
Greenbushes South Lithium Project: Galan now owns 100% of the mining tenement package that makes up the Greenbushes South Project that covers a total area of approximately 315 km2. The project is located ~250 km south of Perth in Western Australia. These mining tenements are located along the trace of the geological structure, the Donnybrook-Bridgetown Shear Zone that hosts the emplacement of the lithium-bearing pegmatite at Greenbushes. In March 2022 airborne geophysics were flown to develop pegmatite targets for the Galan’s mining tenements. Following on, in August 2022, a pegmatite associated with spodumene-bearing rocks was discovered at E70/4790. This mining tenement is approximately 3 km to the south of the Greenbushes mine.
KEY PEOPLE
RELATED STOCKHEAD STORIES
Mining
Galan starts pilot evaporation pond construction at Hombre Muerto West
Mining
Galan’s HWM project value jumps 120pc after update on lithium prices
Mining
Who made the gains? Here are the top 50 resources winners for November
Mining
Galan Lithium’s PEA returns robust economics for 25-year Candelas Lithium project
Mining
Barry FitzGerald: Time to refresh Garimpeiro’s imaginary, high-performing five-stock portfolio
Mining
Galan flags potential targets at Greenbushes South lithium JV
Mining
Galan secures thumbs up for Hombre Muerto West pilot plant
Mining
Galan drillhole unlocks pleasant surprise… more lithium brines
News
The Ethical Investor: Which ASX stocks made ESG moves this week?
Mining
Galan’s new lithium traceability partner could help it gain EU Battery Regulations approval
Stockhead TV
RockTalk: Emerging Lithium Triangle producers, downstream demand outlook and price impacts
Stockhead TV
90 Seconds With… JP Vargas De La Vega, Galan Lithium
Explainers
School of Rock: How to Read Lithium Results
Mining
High Voltage: ‘It’s easy being green’ as battle to secure battery-grade nickel intensifies
Mining
Beefed up Galan Lithium back in action with drilling to start at Hombre Muerto West
News
ASX Capital Raise Roundup: Arise, Sir Lithium
Mining