Galan scores an early slam-dunk, spotting 18 new lithium drill targets in WA

Galan Lithium has processed recent airborne radiometric, magnetic and DEM survey data for its Greenbushes South JV project, flagging 18 new key target zones for lithium pegmatites.

Plus, mapping and sampling of the first target site (GS11) discovered an approximately 200m x 40m outcropping pegmatite lens with similar mineralogy to the pegmatites at the Tier 1 Greenbushes Lithium Mine just 15kms away.

Soil samples and rock chips from GS11 have been sent for geochemical assay, and Galan Lithium (ASX:GLN) says further fieldwork on that site and other key targets is scheduled from July.

18 new targets to test

A total of 12 pegmatite targets were generated within Galan’s granted E70/4790 tenement, and an additional 6 pegmatite targets within the company’s pending tenements.

Once work on GS11 is complete, Galan plans to complete further follow-up soil and rock chip sampling work on other targets along the Donnybrook-Bridgetown Shear Zone (DBSZ) – the major structure that hosts the mineralisation.

The company has also received the final revisions from the Department of Biodiversity, Conservation and Attractions (DBCA) for the Conservation Management Plan (CMP) for its planned Q3 2022 exploration activities on the pending Greenbushes South tenements.

The DBCA has indicated that subject to the final revisions of the CMP, the pending tenements will then be submitted for ministerial approval to undertake these low-impact exploration activities.

This article was developed in collaboration with Galan Lithium Limited, 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.