Highlights:
-- Discovery of new outcropping pegmatite with 500m+ strike length; remains open along strike with geological mapping ongoing
-- New soil assays spatially associated with prior pegmatite discovery reveal up to 215 ppm Li; further soil and rock chip assay results pending
-- UltraFine+ assay method also confirms presence of anomalous pathfinder element concentrations (As, Cs)
-- Pilot ground geophysics program in process, consisting of passive seismic (HSVR), gravity and resistivity methods
-- Processed HSVR and gravity data outcomes expected in next few weeks
Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to provide an update on its ongoing exploration activities at the Greenbushes South Lithium Project (a joint venture between Galan (80%) and Lithium Australia Limited (ASX: LIT) (20%)) (Greenbushes South).
Geological mapping activities ongoing; large new outcropping pegmatite discovered
Geological mapping continues within Exploration Licence E70/4790. Recent new field discoveries include a pegmatite in three main outcrops spanning an area approximately 500m x 400m (see Figure 1). There are also strong indications that this pegmatite remains open and continues along strike. This builds on the previous pegmatite discovery (200m x 40m) announced in June (see ASX release dated 15 June 2022, First Pegmatite Lens Discovered at Greenbushes South). Detailed mapping and geochemical sampling are ongoing.
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