Galan upgrades Hombre Muerto resource
Galan Lithium (ASX :GLN) has posted another significant resource upgrade on the Hombre Muerto brine project in Argentina. The maiden resources for the Pata Pila and Rana de Sal areas comprised 1.08Mt @ 946mg/L Li and the company comments that exploration upside exists for the remaining project areas. The Hombre Muerto total project resource compares favourably with other Latin American brine resources on the basis of grade and Mg/Li ratio, although is still lacking a bit in terms of resource size. A further increase in size would make this a world-class project.