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Galena Mining Ltd.
Summary
| Project: | Abra | |
|---|---|---|
| Deposit: | Abra | |
| Location: | Australia | |
| Commodities: | Lead-Zinc | |
| Date: | 12/7/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-12-2017: Galena Mining Ltd. announces an Exploration/Drilling Update report for its Abra deposit at the Abra project. Drilling results incl. 55.7m @ 7.8% Pb, 1.6% Zn, 20ppm Ag from 396.6m. Galena Mining Limited (ASX: G1A) (“Galena” or the “Company”) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: E. Turner, A. Byass (Internal) | |
| ABSTRACT: | Galena Mining Limited (ASX: G1A) (“Galena” or the “Company”) is pleased to announce further broad and high-grade lead intersections have been received from drillholes AB71, AB72 and AB74 (Appendix 1). To date, assays have been received for four drillholes of the eleven completed and all show excellent, high-grade, consistent lead+silver mineralisation. These latest three drillholes deliver numerous high to very high-grade lead+silver intersections and support the revised geological interpretation and model. This high-grade focus at Abra has been deliberately applied by Galena. Including drill hole AB70, (ASX release 23 rd November 2017), which was more than 50 meters from any historic drill hole, all the drill intercepts are located between 50 and 150 metres from historic drilling. This confirms the model and highlights the extent of the system at Abra. Galena has now completed eleven holes, for 7,326m, of the twelve hole programme (see Appendix 2 for drill hole survey and Appendix 3 for drill hole pierce point plan). To date, results have been received for approximately 30% of the drilling. Drilling is expected to complete within a week with the core to be logged, cut and assayed. Upon receipt of remaining assays the Company will produce a JORC Mineral Resource estimate early in 2018. | |
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