Galan Lithium’s maiden lithium brine resource for Hombre Meurto West ‘exceeds’ expectations

Galan Lithium maiden inferred mineral resource ASX GLN Hombre Muerto brine Argentina
Galan Lithium’s maiden resource for Hombre Muerto West totals 1.08Mt LCE at 946mg/l of lithium.

Explorer Galan Lithium’s (ASX: GLN) high-grade maiden resource at the Hombre Muerto West lithium brine project in Argentina’s Catamarca province has “exceeded” the company’s expectations.

Galan has revealed an inferred resource for the Pata Pila and Rana de Sal tenements of 1.08 million tonnes of contained lithium carbonate equivalent (LCE) at 946 milligrams per litre lithium.

The figure is believed to have “significantly exceeded” Galan’s expectations of grade, impurities and size.

It has also increased the company’s total combined mineral resource by 158% from 685,000t of LCE at 672mg/l lithium to 1.77Mt LCE at 837mg/l lithium.

Project synergies

Galan managing director Juan Pablo Vargas de la Vega said the results strongly complement scoping and pre-feasibility studies for the Candelas lithium brine project, with project synergies now being reviewed and upgraded.

“This inferred resource has exceeded [our] expectations significantly and further validates the high-grade, low-impurity nature of the Hombre Muerto West and Candelas projects,” he said.

“With the new combined resource of 1.8Mt of LCE and the flexibility of two solid projects, our strategy now is to advance towards commercial development and to demonstrate the economic product viability.”

In October, Galan announced a high-grade indicated maiden resource at Candelas’ North Zone of 684,850t of contained LCE with an average grade of 672mg/l at a 500mg/l cut-off.

Mr Vargas de la Vega said further work planned to better define the synergies of the mineral resources from Candelas and Hombre Muerto West will include additional drilling to provide better geological definition and mineralisation potential of project aquifers.

Portofino assets

Galan last month acquired an option to purchase the Del Condor and Pucara lithium brine assets at Hombre Muerto West from TSXV-listed Portofino Resources Inc.

The acquisition consolidated Hombre Muerto West with a continuous line of concessions stretching approximately 14km.

Mr Vargas de la Vega added the new assets could potentially boost its global lithium brine resources even further.