HomeFinTechGalan Lithium: Delivers “positive” initial results from Santa Barbara, Argentina

Galan Lithium: Delivers “positive” initial results from Santa Barbara, Argentina

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Galan Lithium Delivers “positive” initial results from Santa Barbara, Argentina

  • Galan Lithium (GLN) delivers “positive” results from its Santa Barbara concession within its Hombre Muerto West project in Argentina
  • The company’s first exploration diamond hole was drilled to 455 metres, delivering an extracted high average lithium brine grade of 829 milligrams per litre
  • Galan Exploration Manager Álvaro Henriquez says the results from Santa Barbara “exceeded expectations” in terms of brine chemistry, sedimentary thickness and permeable lithologies
  • Meanwhile, the company has now commenced the construction of a fourth brine production well at the project
  • GalanLithium is up 1.72 per cent and trading at $1.18 at 3:04 pm AEDT
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