Greenbushes South (100% ownership)

Galan owns 100% of the tenement package that makes up the Greenbushes South Project which covers a total area of approximately 315 km2. The project is located ~250 km south of Perth in Western Australia. The project tenements are strategically located along the trace of the Donnybrook-Bridgetown Shear Zone, the geological structure that hosts the emplacement of the lithium-bearing pegmatite at Greenbushes Mine (Talison Lithium Pty Ltd -Tianqi Lithium Corporation/IGO Limited (51%) and Albermarle Corporation (49%)). Galan has developed several active targets through soil sampling, airborne geophysics, ground geophysics and field mapping. A target roughly 4.5km south of the Greenbushes Mine is currently being explored with diamond drilling commencing on 1 March 2023.