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Galena Mining Ltd.
Summary
| Project: | Abra | |
|---|---|---|
| Deposit: | Abra | |
| Location: | Australia | |
| Commodities: | Lead-Silver-Copper | |
| Date: | 8/14/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-8-2019: Galena Mining Ltd. announces an Exploration/Drilling Update report for its Abra deposit at the Abra project. Drilling results incl. 23.9m @ 10.3% Pb, 23g/t Ag from 357.2m. GALENA MINING LTD. ("Galena" or the “Company”) (ASX: G1A) announces the | |
| Resources: | (Reserve, Prob.): 10.3Mt @ 8.8% Pb, 24g/t Ag at project | |
| CP/QP: | [Overall Report]: Don Maclean (Not stated) | |
| ABSTRACT: | GALENA MINING LTD. ("Galena" or the “Company”) (ASX: G1A) announces the successful conclusion of its 2019 project development drilling program at its Abra Base Metals Deposit (“Abra” or the “Project”) with additional high-grade assay results returned. Managing Director, Alex Molyneux commented, “Our largest drill program to date continues to successfully delineate additional high-grade lead and silver intersections at much higher density in the upper northwestern area of Abra. This will enable us to complete an updated Mineral Resource estimate with a higher confidence, supporting our target to convert Resources to Ore Reserves and continue to optimise our mine model.” Managing Director, Alex Molyneux went on to say, “With these assays, we once again intersected material copper mineralisation (3.2m at 2.3% copper) so we’re increasingly studying the potential nature and scale of the copper-gold zone at Abra. We also saw our highest grade ever significant silver intersection with 457g/t over almost five metres in hole AB121.” | |
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