Galan drilling to target Greenbushes South lithium potential
Galan is mere days away from starting maiden diamond drilling at its Greenbushes South project just 3km south of the giant Greenbushes lithium mine in Western Australia.
It follows the company securing Program of Works approval for an initial campaign of 2,500m to test the first of several key targets.
Drill pads are already built and ready with drilling scheduled to begin later this week.
Galan Lithium (ASX:GLN) is already carrying out ground geophysics over high trace element soil anomalies and has submitted more than 550 soil samples collected around multiple new pegmatite outcrops identified in recent months.
The soil sampling results are expected to assist in targeting and delineating mineralisation beneath the subsurface.
Additionally, the company is planning to carry out field mapping and soil sampling over four large target areas which demonstrate strong prospectivity for blind lithium pegmatites at the Kirup project to the north of Greenbushes.
“We look forward to testing our hypothesis, via this maiden drilling campaign, that significant lithium mineralisation exists south of the Greenbushes Mine,” managing director JP Vargas de la Vega said.
“We are extremely encouraged by all data collected to date that demonstrates the strong potential for this to be the case.
“This includes having multiple observations of minerals associated with pegmatites only one metre below the sub-surface in the area we are about to drill.”
Greenbushes South starts just 3km south of Greenbushes – the world’s largest and highest grade hard rock lithium deposit owned by industry giants Albemarle, Tianqi and IGO (ASX:IGO).
The company first acquired an 80% stake in the project due to its prediction the project hosted the strike projection of the geological structure associated with Greenbushes.
It picked up the remaining 20% from minority partner Lithium Australia in December 2022.
Previous exploration has already discovered a pegmatite associated with spodumene-bearing rocks.
This article was developed in collaboration with Galan Lithium, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.