Total
0
Shares
Galan Lithium (ASX:GLN) - MD, Juan Pablo Vargas de la Vega
MD, Juan Pablo Vargas de la Vega
Source: Galan Lithium
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Galan Lithium (GLN) receives government permits from the Ministra – Ministerio de Mineria (Mine Minister) to advance its Hombre Muerto West (HMW) project in Argentina
  • The granting of these permits are essential for the company to build its stage one pilot plant and new camp accommodation at the lithium brine project
  • Galan says the permits are critical to feasibility work and it’s eager to enter “an exciting new phase as we cement the development phase of our flagship project”
  • Company shares are up 9.52 per cent to trade at $1.38

Galan Lithium (GLN) has received government permits from the Ministra – Ministerio de Mineria (Mine Minister) in Argentina’s Catamarca province.

These permits are essential for Galan to build its stage one pilot plant and new camp accommodation at its flagship Hombre Muerto West (HMW) lithium brine project which lies within the Hombre Muerto West salt flat in the South American Lithium Triangle.

The permit approvals follow the company progressing feasibility work which involved completing the first of its small scale evaporation ponds at HMW. Galan is now measuring evaporation rates which are essential for the feasibility study.

Managing Director Juan Pablo (JP) Vargas de le Vega commented on the government permit approvals.

“These permits were critical path items for the robustness of the HMW feasibility study and the pace at which it now moves forward,” Managing Director Juan Pablo Vargas de le Vega said.

“Galan wishes to extend its heartfelt thanks to the Minister and the Government for the grant of the permits in these trying times. Our company is entering an exciting new phase as we cement the development phase of our flagship project in Argentina.”

Now the permits have been granted and the entire Galan project team has mobilised to Argentina, the company will advance the pilot plant and new camp construction activities.

In addition to HMW, Galan Lithium is progressing a scoping study for the Candelas project and expects study results before the end of the year.

Company shares were up 9.52 per cent to trade at $1.38 at 11:46 am AEDT.

GLN by the numbers
More From The Market Herald
Renegade Exploration (ASX:RNX) -Chairman, Robert Kirtlan

" Renegade Exploration (ASX:RNX) enters JV agreement with Burke Copper

Renegade Exploration (RNX) has entered a joint venture transaction with Burke Copper.
Biogene Technology (ASX:BGT) - CEO, Richard Jagger

" Bio-Gene Technology (ASX:BGT) signs research deal with University of Florida

Bio-Gene Technology (BGT) has signed a research agreement with the University of Florida, advancing its program to phase two.
Greenland Minerals (ASX:GGG) - Former Managing Director, John Mair

" Greenland Minerals (ASX:GGG) appoints new managing director following uranium ban

Greenland Minerals (GGG) has appointed a new managing director, Daniel Mamadou, following Greenland’s recent ban on uranium.

" Kuniko (ASX:KNI) identifies new drill targets following assays

Kuniko (KNI) has announced its first geochemical soil sample assays from the Skuterud cobalt project in Norway have provided encouraging results.