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Argentina
Hombre Muerto West (HMW) Project

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 Location:
260 km NW from San Miguel de Tucuman, Argentina

  Project Contacts:
Level 3, 30 Richardson Street
PO Box 396 West Perth WA 6872
West Perth
Western Australia, Australia
6005
Phone  ...  Subscription required
Fax+61-8-9322-6398
EmailEmail
WebsiteWeb
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  • Overview
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  • Geology
  • Mining
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  • Production
  • Reserves
  • Costs & Financials
  • Personnel
  • Filings & News

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Overview

StagePermitting
Mine TypeIn-Situ
Commodities
  • Lithium
  • Potassium
Mining Method
  • Brine mining
Mine Life40 years (as of Jan 1, 2020)
November 1, 2021 - Galan Lithium Limited (ASX:GLN) has received the essential government permits from the Ministra – Ministerio de Mineria (Mine Minister) in Catamarca to build its Stage 1 pilot plant and new camp accommodation at its flagship Hombre Muerto West (HMW) lithium brine project located in the Hombre Muerto West salt flat in the South American Lithium Triangle. These permits were critical path items for the robustness of the HMW feasibility study and the pace at which it now moves forward.


Owners

Source: p. 1
CompanyInterestOwnership
Galan Lithium Ltd. 100 % Indirect

Contractors

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Deposit Type

  • Brine
  • Evaporite
  • Sediment-hosted


Summary:

The salar hosts a world-renowned lithium brine deposit. The lithium is sourced locally from weathered and altered felsic ignimbrites and is concentrated in brines hosted within basin fill alluvial sediments and evaporites.

The extents of the resource are approximately 2.75 km (easting) by 7.750 km (northing) by 1.2 m (vertical), giving a total volume of interest of ~25.5 km3.

Downhole geophysics and depthspecific data (i.e. specific yield and brine chemistry) were used to estimate the resource. Priority was given to 72 hour airlift samples.

Grades are relatively uniform with depth and lateral extent.


Mining Methods

  • Brine mining


Summary:

The brine extraction will be conducted through seven production wells. The raw brine will be pumped directly to the first pond of the evaporation ponds system. The total average raw brine flow required to feed the evaporation ponds system is 203 l/s.


Crushing and Grinding


Processing

Flow Sheet: Subscription required

Summary:

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Projected Production:

CommodityProductUnitsAvg. AnnualLOM
LCE Crystals kt 800
Lithium Carbonate t  ......  Subscription required


Reserves at November 17, 2020:

CategoryTonnage CommodityGradeContained Metal
Indicated 450 M cu.m Lithium 946 mg/L 426 kt
Indicated 450 M cu.m LCE 2,267 kt
Indicated 450 M cu.m Potassium 8725 mg/L 3,931 kt
Indicated 450 M cu.m KCl 7,496 kt

Commodity Production Costs:

CommodityUnitsAverage
Cash costs Li2CO3 USD  ......  Subscription required&nbs
Assumed price Li2CO3 USD  ......  Subscription required&nbs
* According to 2020 study / presentation.

2020 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscription required
Sustaining CapEx $M USD  ......  Subscription required
Pre-tax NPV @ 8% $M USD  ......  Subscription required
After-tax NPV @ 8% $M USD  ......  Subscription required
Pre-tax IRR, %  ......  Subscription required
After-tax IRR, %  ......  Subscription required
Pre-tax payback period, years  ......  Subscription required
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Heavy Mobile Equipment:

Mine Management:

Job TitleNamePhoneProfileRef. Date
....................... Subscription required ....................... Subscription required ....................... Subscription required Subscription required Dec 6, 2021
Subscription required - Subscription is required.


Corporate Filings & Presentations:

DocumentYear
Corporate Presentation 2022
Corporate Presentation 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
Subscription required - Subscription is required.

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