Galan Lithium Ltd is an Australian based mineral exploration company established to generate shareholder wealth by identifying, acquiring and/or developing mineral projects.
The Company’s projects are located within the South American Lithium Triangle in the Hombre Muerto Basin, one of the most important and prolific salt flats in Argentina and indeed the world. The basin is known to have the lowest impurity levels of any producing Salar in Argentina and has been in production for over 20 years.
Several areas are targeted within the Project with the main focus being Candelas, in the south east margin of the basin. Both areas have direct access to the salar including areas shallowly covered by recent alluvium.
At Candelas, the target is an approximate 15km long deltaic channel, which is the main access channel for lithium charged waters from source rocks to the south of the basin. The Candelas area adjoins Galaxy’s Sal de Vida project to the south.
The Company is aiming to secure government permits to drill the project with the aim to estimate a maiden JORC resource as soon as practicable. In addition to the potential for near term production from the project, laboratory scale testing the potential to directly produce battery grade lithium carbonate will be prioritised with results assisting in the design and commissioning of a larger pilot plant. The Company will also utilise it’s in country experience to further expand its portfolio in the lithium brine sector.