Galan Lithium Limited (ASX: GLN) has shared an update on its Hombre Muerto West (HMW) lithium brine project in Catamarca Province, Argentina. Their recent efforts have focused on project construction, Phase 2 DFS, and exploration activities. The fourth long-term pumping test (PBRS-03-23) yielded outstanding results, with an impressive lithium grade of 981 mg/L, the highest recorded in the Hombre Muerto Salar.
Pond construction for HMW Phase 1 has been confirmed as feasible, and the existing pilot plant continues to produce 6% Li lithium chloride samples, supporting off-take negotiations. All six initial Phase 1 brine production wells are now successfully constructed. In exploration, drilling in the newly consolidated Catalina Area has shown promise, confirming the continuity of a highly fractured geological domain at 300 meters depth. A 72-hour airlift test demonstrated significant permeability potential, achieving a flow rate of 6 L/s compared to previous averages of 1-3 L/s.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.