GLN 0.00% 14.0¢ galan lithium limited

Imo much depends on how they expect the hydrothermals to...

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  1. 13,236 Posts.
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    Imo much depends on how they expect the hydrothermals to interact with the deeper strata and the shape and extent of this strata at depth.

    Ur diagram doesn’t suggest the basement might tilt up to the south towards Cerro Galan Drageur which may affect the ability of the hydrothermal to be additive to this lower deeper part of Candelas. Then again it might be concentrating the brines the further south one goes.

    That being said just what is coming down from Candelas and finding it’s way into this part of the acreage via permeability ?

    Is it telling they have an application in for more acreage at the southern end of Candelas. This might explain a slightly up dip southern basement into Cerro Galan

    Again we come back to the recon drill program and what the southern holes might bring.

    Again, it’s immature brine territory and there r significant variables that havnt been dealt with before in a drill program.

    To call the company for stupidity etc etc is a bit rich given these guys r in this to prove up a potential high grade brine model and one of the crucial aspects is just how these hydrothermals interact with the more traditional ignimbrite Li accumulation.

    Id actually like to see them drill well to the south post hole 3 to put us either in raptures or out of our misery with regards to the southern deeper resource.

    But then if they define a atrong northern reaource this will almost certainly offset any potential drop in the south. At the very least the deeper southern resource won’t help extraction costs but then as GLN said that increase is minimal.

    Gr
 
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