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Galan Lithium (ASX:GLN) constructing pilot plant ponds at HMW

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ASX:GLN      MCAP $117.7M
13 December 2021 11:56 (AEST)

Construction of evaporation ponds at HMW. Source: Galan Lithium

Galan Lithium (GLN) has commenced construction of the ponds for its pilot plant, which is part of its Hombre Muerto West (HMW) project in Argentina.

As planned, the ponds will be filled with HMW’s brine to continue with test work as part of the evaporation process, which is targeting high-grade lithium concentrations of six per cent lithium and low impurities.

Galan said the pond construction process is off to a good start and aims for the pilot ponds system to be operational in the first quarter of 2022.

Managing Director Juan Pablo (JP) Vargas de la Vega said he was pleased with the progress of the HMW project.

“We are very excited with the great progress we are making at HMW,” he said. “Our efforts and vision are solely focused on getting the project online and becoming a lithium producer as soon as technically possible.”

Galan also reported the construction of a new temporary camp at HMW is well advanced and expected to be operational in early January.

Once that’s completed, the company will have access to two functional camps to support ongoing activities. A larger and more permanent camp is expected to be completed sometime next year.

Additionally, a new rotary rig has started drilling at the Rana de Sal concession, with a second rig planned to arrive in early January 2022. The company may also bring in a third rig depending on the progress of drilling next month.

The company recently engaged Quantec Geosciences to undertake a geophysical survey at all the HMW tenements.

The new data is expected to complement Galan’s previous data sets with an aim to generate new drilling targets, as well as assisting the delineation of the brine extensions at the project.

Company shares were up 4.53 per cent to trade at $1.62 at 11:56 am AEDT.

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