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Galan Lithium has appointed former SQM Hydrogeology Superintendent Alvaro Henríquez as its new Exploration Manager. Henríquez will be responsible for ramping up the company's exploration and development efforts at its battery metal projects in Australia and Argentina. He has more than two decades' experience in the mining sector and will join Galan from one of the world's largest lithium producers.

Galan Lithium believes it holds an “outstanding” set of well results after an initial pumping test at its wholly owned Hombre Muerto West lithium brine project in Argentina's Catamarca Province. The company says the bumper grade of greater than 910 mg/L will roll into a definitive feasibility study for the operation, earmarked for later this year for territory with a proven track record from its big-hitting neighbours.

Galan Lithium has taken a vital step at its Hombre Muerto West lithium brine project in Argentina after appointing engineering consultancy Hatch to run a feasibility study over the project. According to the company, the study is anticipated to be delivered towards the end of the new year and will firm up numbers from a previous scoping study.

ASX-listed Galan Lithium is steaming ahead with a suite of exploration works to feed into an upcoming DFS at its flagship Hombre Muerto West lithium brine project in Argentina where a 40 year mine life has been envisaged. Construction of evaporation ponds for a pilot plant aiming to generate high-grade lithium concentrate have now commenced, whilst a drilling campaign seeking to grow the existing resource base has intensified.

An updated lithium price assessment of Galan Lithium's flagship Hombre Muerto West lithium brine project in Argentina has delivered a pre-tax net present value of nearly US$2.2b, a whopping 120 per cent increase on the US$1b projected in a previous evaluation. Galan is now predicting an increase in annual EBITDA of over US$100m a year for the 40 year life of mine to an impressive US$287m a year.

Galan Lithium has tabled a stunning set of numbers in an economic assessment study that shows its Candelas lithium brine project in Argentina will make A$265m a year for 25 years for a net present value of A$1.7b at today's USD exchange rates. The economic evaluation of Candelas adds to Galan's nearby Hombre Muerto West lithium brine project where a 40 year mine life has already been envisaged.

Galan Lithium is probing deeper into its Greenbushes South project in WA's South West with a successful geophysical pilot study indicating possible pegmatites at depth. A soil sampling program is underway and conservation management plans have been submitted for a widened exploration program. The Greenbushes South lithium project is a joint venture between Galan Lithium who holds 80 per cent and Lithium Australia who has 20 per cent.

Galan Lithium is moving ever closer to commercialisation and becoming Argentina's next lithium producer. The company reported it has now received critical government permits that allow it to commence building Stage 1 of its pilot plant and new camp accommodation at its flagship Hombre Muerto West lithium brine project in South America's prolific ‘Lithium Triangle'.

Galan Lithium has added further lithium brine potential to its Hombre Muerto West project in South America's prolific ‘Lithium Triangle' with a newly drilled bore hole revealing previously unrecognised brine bearing aquifers. The company says the discovery could provide a boost to future resource estimates for the project that already boasts 2.3 million tonnes of lithium carbonate equivalent.

Galan Lithium has partnered with leading sustainable supply chain traceability provider, London-headquartered international group Circulor Ltd as the ASX-listed lithium development hopeful seeks to become a preferred source of lithium carbonate supply to global markets. It says the collaborative partnership with Circulor will look to establish full lithium traceability and carbon dioxide and environmental, social and governance tracking for its lithium brine assets in Argentina's “lithium triangle”.

ASX-listed Galan Lithium is ready to get the rods turning at its Hombre Muerto West project in South America's prolific “Lithium Triangle” following confirmation of the next round of drilling permits from the local government body in Catamarca, Argentina. The planned drilling is designed to assess new resources and maiden reserves at Hombre Muerto West.

Galan Lithium is set to grow its bank balance by whopping A$50m after receiving firm commitments from institutional and sophisticated investors for a placement that will see the company fast-track exploration and development works across its Hombre Muerto West and Candales lithium brine projects in Argentina's Salar del Hombre Muerto.

ASX-listed Galan Lithium has hit the go-button on a scoping study into the potential development of its Candelas lithium brine project in the Catamarca, Argentina, sector of South America's “lithium triangle”. Candelas lies south-east of and in the same fertile salt flat terrane as the Perth-based company's flagship Hombre Muerto West brine project, which was the subject of an impressive scoping study last year.

ASX-listed Galan Lithium is consolidating its position in South America's prolific “Lithium Triangle”, executing a binding option agreement with a private Argentinian landholder to earn a 100 percent interest in the Casa Del Inca III lithium brine tenement. The land package strategically abuts Galan's Hombre Muerto West project. A further 900 hectares is also available under the agreement.

ASX-listed Galan Lithium has continued its strong sharemarket rise this year on the back of impressive new results from testing aimed at showing it can produce high-purity battery grade lithium carbonate from its flagship Hombre Muerto West lithium brine project located in Catamarca, Argentina.

Galan Lithium's share price has touched an all-time high after a second look at its pond design determined it might be able to squeeze up to 25,000 tonnes of lithium carbonate equivalent annually out its Hombre Muerto West lithium brine project in South America's renowned Lithium Triangle, rather than the originally contemplated 20,000 tonnes per annum.