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Galan Lithium - New Pegmatite Discovery at Greenbushes South Project


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.

For more information, download the attached PDF.

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