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Galan Lithium Ltd

ASX:GLN

Australian based international mining company developing high grade lithium brine projects in the lithium triangle region of S America.

Overview

  • ASX listed lithium development company, one of the only advanced lithium development companies that remains independent.

  • Hombre Muerto Salar is based in the world eminent Lithium Triangle in Argentina.40% of the world’s annual production of lithium comes from brines in the Atacama and Hombre Muerto salars.

  • A$50m announced in August puts company in a strong position to advance the Hombre Muerto project.

  • Hombre Muerto West Project Large scale land package in proven salar; 14km by 1-5km to the the west of the Hombre Muerto salar neighbouring Livent Corp to the east.

  • HMW is currently comprised of seven concessions – Pata Pila, Rana de Sal, Deceo III, Del Condor, Pucara, Catalina and Santa Barbara.

  • Candela Project around 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 (Oct 2019). Like Hombre Muerto West has high grade and low impurity potential with a maiden resource at 672mg/l Li..

  • Greenbushes South JV This project is based in Australia and covers approximately 43km², approximately 15kms to the south of the Greenbushes mine.

  • Galan to acquire 80% of the Greenbushes South Lithium Project from Lithium Australia NL. The acquisition secures and consolidates a significant  package of exploration ground of 396km² for spodumene deposits

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Share Price

Reserves & Resources

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