- Galan Lithium (GLN) has reported “outstanding” initial well test results from its Hombre Muerto West (HMW) lithium project in Argentina
- The company is busy conducting a pump testing program across two well zones which will support a definitive feasibility study for the HMW project
- Various testwork has so far returned high lithium grades, porosity results of between 10.1 and 21 per cent, and favourable conditions for high volume brine production
- Managing Director JP Vargas de la Vega says the outcomes are “paramount to the project DFS foundations” and further validate the world-class nature of the HMW resource
- Galan shares are up 1.53 per cent to trade at $1.00 at 12:12 pm AEST
Galan Lithium (GLN) has reported “outstanding” initial well test results from its Hombre Muerto West (HMW) lithium project in Argentina.
The company is undertaking a pump testing program to be incorporated in an upcoming resource/reserve model which will form part of a definitive feasibility study (DFS) for the HMW project.
A series of hydraulic tests have been performed at the first pumping well, PPB-01-21, within the Pata Pila zone.
Galan said the aquifer response during a 72-hour constant rate test indicated favourable conditions for brine production, with expected flow rates of between 15 and 20 litres per second at Pata Pila.
During the test, 14 brine samples were collected and analysed for lithium. Chemical results confirmed a high-grade brine resource with an increasing lithium grade that stabilised at 910 milligrams per litre.
The company also received data from the first batch of 20 samples taken from a diamond drill hole at Pata Pila. Porosity testing returned values ranging between 10.1 and 21 per cent with an average specific yield value of 14.1 per cent.
SRK geologists have already selected a second batch of samples to be analysed. These samples come from the Pata Pila and Rana de Sal zones.
Managing Director JP Vargas de la Vega said the company was pleased with the outcomes from the three-day pumping test at the first Pata Pila well.
“High lithium grades, porosity and brine flow rates are a powerful combination for driving operational efficiency and economic performance,” Mr Vargas de la Vega said.
“These outstanding hydrological outcomes are paramount to the project DFS foundations and further validate the world-class nature of the lithium brine resource we hold at HMW.”
Galan expects the pumping tests at PPB-01-21 to be completed on July 30. These pumping tests are planned to be conducted across another three wells, with one more at Pata Pila and two wells at the Rana de Sal zone.
Galan shares were up 1.53 per cent to trade at $1.00 at 12:12 pm AEST.