In January 2019, Galan accelerated work at its Candelas project conducting an eight dirll-hole campaign. Drilling primarily in the northern zone of the project unearthed some stellar numbers including 192 metres at 802 mg/l Li with very low impurities levels.
Sediment package includes perfect permeable hosts; coarse sands/gravels, breccia and conglomerate.
SRK (Australia) who were overseeing resouce definition, QA/QC controls etc deemed that Candelas could be a potential world class deposit.
SRK Consulting (Argentina) said in an ASX release on 13 February 2019 – “Preliminary field measurements and laboratory analyses on brine suggests that the Candelas Project ha the potential to become a world-class soluble lithium deposit hosted in a unique geological setting”.
A Maiden, Candelas North JORC resource of 684,850 tonnes of contained lithium carbonate equivalent (LCE) at 672 mg/l Li (based on a 500mg/l Li cut-off) was announced on 1 October 2019.
Candelas has suffice area for evaporation pods, processing infrastructure and has access to great, fresh process water.
Candelas: a ∼15km long by 3-5km 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 685kt LCE (Oct2019). Furthermore, Candelas has the potential to provide a substantial amount of processing water by treating its low-grade brines with reverse osmosis, this is without using surface river water from Los Patos River.