ASX-listed, Argentina focused miner Galan Lithium Limited (ASX: GLN) has hit the highest lithium grades it has ever reported on any drill hole at its Hombre Muerto project.
Managing Director, Juan Pablo Vargas de la Vega said the latest “outstanding” lithium assay result from its Rana de Sal tenement confirms previous significant intercepts in drill data of high grade/low impurity lithium bearing brines from the Western Tenement project areas.
He told shareholders that a 72-hour air lift test sample returned 1,010 mg/l Li over a >330m interval confirming outstanding grade average for drillhole RS-01-19 at Rana de Sal.
The company will now undertake the next phase of test work which will allow it to more accurately determine the flow rates from the aquifer.
“We are delighted by these significant Rana de Sal results,” MR de la Vega said.
“On the back of the recent Pata Pila testing, we are very excited as we are now thinking of a potential new project that could be as important as the Candelas project.
The results will be reviewed by our team as part of our scoping and pre-feasibility studies shortly after the resource estimate for the Western Tenements is finalised.”
The data from Rana de Sal and Pata Pila will be used for the maiden resource estimate of the Western Tenements, which is expected during Q1 CY2020.
The Rana de Sal license covers large alluvial fan areas lying adjacent to Livent Corporation’s tenure, covering part of the western margin of the Hombre Muerto salar.