Galan Lithium Limited announced the maiden JORC (2012) reported Mineral Resource estimate for the Hombre Muerto West lithium brine project located in Catamarca province, Argentina. The resource estimate was completed by the Company's consultants SRK Consulting (Australasia) and was conducted by their Australian based team. The Inferred mineral resource estimate for Pata Pila and Rana de Sal is 1,080,775 tonnes of contained lithium carbonate equivalent (LCE) product grading at 946mg/l Li (with no Li cut off). Summary of Resource Estimate and Reporting Criteria: The mineral resource estimation was undertaken by SRK Consulting (Australasia) (SRK) and was based upon results from drill holes within the Pata Pila and Rana de Sal tenement holding at Hombre Muerto West for a total of 1,054 metres. See Table 1 for the assay summaries (PP-01-19 and RS-01-19) and Figure 1 for location of drill holes in the Western Basin tenements. The location of holes was mainly guided on the results of resistivity (Controlled Source Audio Magneto-Tellurics (CSMAT)) data. According to SRK, the maiden Hombre Muerto West Mineral Resource represents geologically well-defined zones of high-grade lithium mineralisation. It comprises of significant mineralised hydrogeologic domains. The units within the domains show some variation in thickness along strike and depth. Location & Tenure: The Hombre Muerto West Project is located on the western shores of the Hombre Muerto, a world- renowned lithium bearing salar, located in the Argentinean Puna of the high Andes mountains at an elevation of approximately 4 km above sea-level. The Project comprises two exploration permits, covering a total area of 3,843 hectares and lies adjacent to Livent Corporation, Galaxy Resources and POSCO's Sal de Vida projects. It is approximately 1,400 km northwest of the capital of Buenos Aires and 170 km west-southwest of the city of Salta (in a straight line). Geological Model: As part of the mineral resource estimation process, SRK conducted geological modelling (figure 2) of Pata Pila and Rana de Sal using the software packages GoCADTM (Paradigm, geological modelling) and GEMSTM (Geovia, geological modelling and section interpretation). The modelling used the following datasets: Resistivity and Conductivity profiles (CSMAT); Downhole geophysics (particularly gamma); Assays obtained from Alex Stewart International laboratory; Zelandez downhole data including total porosity and specific yield; and Lithological logs. Hombre Muerto West project areas are located along the western shores of the Salar. The Salar is a closed drainage basin, structurally controlled and bounded by normal faults. The drill holes were located upon alluvial fans that have prograded out onto the Salar. The younger alluvial fan deposits rest conformably upon the salar. All borehole drilling was by the diamond drill method, with an internal triple tube for core recovery. Core was sampled in 1.5m lengths and logged by a geologist. Water/brine samples were taken from multiple target intervals using packer, bailer and airlift tests (see table 1 for more details). Downhole geophysics were employed e.g. downhole geophysical profiling and borehole magnetic resonance. Geochemical analyses of brine were undertaken by ICP-MS in two independent accredited laboratories. The resource boundaries of the hydrogeologic wireframes were determined as follows: Vertical limits are constrained between top of basement and top of sand /base of alluvial cover; The western boundary is limited where the sand unit pinches out against basement; The eastern margin is constrained by the tenement boundary; The northern margin is constrained by a northeast-southwest very steeply dipping to the southeast fault, and The southern margin is constrained where the sand unit pinches out on shallow basement. In general, the style of geology has been assumed to be relatively flat to gentle basinward dipping stratigraphy with no preferred direction of mineralisation continuity. A block model was created to cover the extents of both licence areas and was confined by a wireframe model based upon the various lithologies. When choosing appropriate model cell dimensions of 250 (easting) by 250 (northing) by 5m (elevation), consideration was given to drill spacing, sample interval, the interpreted geometry and thickness of the hydrogeologic domains and the style of mineralisation. The main assay intervals for both holes are based on 72-hour airlift samples. As a result, no useful variography is possible from two averaged air lift samples. For Pata Pila, the air lift sample was obtained from interval 40 to 718.5m, and for Rana de Sal, the sample was obtained from 100 to 433m. Two simple packer samples were also obtained from the Rana de Sal drillhole over 32 to 122m. A simple Inverse Distance weighted (to the power value of 2) extrapolation was carried out, using an isotropic search that allowed all blocks coded with Sand, Gravel or Halite to be interpolated. The maximum extrapolated distance for Pata Pila is 2.57 km with an average distance of 1.3 km. For Rana de Sal, the maximum extrapolated distance is 1.1 km with an average distance of 0.6 km. A study by Houston et al., (2011)(#) showed that drill spacing of between 7 and 10km should be sufficient for Inferred resource definition. Therefore, the distance of 4.5 km between the two holes and maximum extrapolation distances of around 2.6 km are considered reasonable.