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Galena Mining Ltd.
Summary
| Project: | Abra | |
|---|---|---|
| Deposit: | Abra | |
| Location: | Australia | |
| Commodities: | Lead-Silver | |
| Date: | 9/10/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 10-9-2018: Galena Mining Ltd. announces an Exploration/Drilling Update report for its Abra deposit at the Abra project. Drilling results incl. 16.2m @ 9.2% Pb, 44g/t Ag from 411.2m. GALENA MINING LTD. ("Galena" or the “Company”) (ASX: G1A) announces furth | |
| Resources: | (Resource, I+I): 36.6Mt @ 7.3% Pb, 18g/t Ag at project | |
| CP/QP: | [Overall Report]: Ed Turner (Internal) | |
| ABSTRACT: | GALENA MINING LTD. ("Galena" or the “Company”) (ASX: G1A) announces further highgrade lead and silver intersections from four holes drilled as part of its 2018 Infill and Resource Development Program. Managing Director, Alex Molyneux commented, “These results are very exciting because they confirm high-grade mineralisation extends 150m beyond the existing Resource model mineralised area. This bodes well for achieving our Resource development ambitions when we come to publish an updated Mineral Resource estimate.” Page 2 NEW DRILL-HOLE ASSAYS Intersections for assays for the four holes that have just been received (AB95 to AB98) are graphically represented in Figure 1 (below) and detailed in Appendix 1, together with drill collar locations in Appendix 2. Figure 1: 3D model of March 2018 Resource (5% lead cut-off wireframes) looking obliquely east, with new drill-holes AB95, AB96, AB97 and AB98 overlain Of the new holes, AB95 was drilled as an infill hole within the envelope of the current Mineral Resource (see announcement of 14 March 2018) (“March 2018 Resource”) and returned results as per expectations. Drill-holes AB96, AB97 and AB98 were drilled to test for shallow north western extensions to the Apron Zone outside of the March 2018 Resource. All of these drill-holes intersected high-grade lead mineralisation | |
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