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Coffee with Samso: The business of lead - Galena Mining

In this episode Alex Molyneux demystifies the concept of the lead industry and tells the story of Galena Mining’s Abra project.

Galena Mining Ltd - Coffee with Samso: The business of lead - Galena Mining
Samso chats with Galena Mining chief executive officer Alex Molyneux

The business of lead has long been a mystery to me. I did not realise the extent the equity market has forgotten the lead sector.

It was my meeting with Galena Mining Ltd’s (ASX:G1A) Alex Molyneux recently that made me curious enough to invite him to a Coffee with Samso. I am very glad he accepted as he has brought a lot of information to the table.

In this session of Coffee with Samso, Alex Molyneux has demystified the concept of this industry. Alex has made me think that we may be missing out on a great opportunity to get into the lead sector.

There is a great amount of resource that is being shared. I encourage readers to take the time to watch and listen intently to his take on a rarely understood investment opportunity. Did you know that lead plays an important role in the EV story?

Galena Mining Ltd

(Source: Galena Mining)

Galena Mining Limited floated on the ASX in September 2017.

The company owns 100% of the Abra base metals deposit located in the Gascoyne Region of Western Australia. The Abra deposit was discovered in 1981 and remains one of the biggest undeveloped lead deposits in the World. Abra is within a granted mining lease.

​Galena completed a very successful drilling campaign in Q4 2017 with high-grade mineralisation intersected in every one of the 12 holes.

These results have allowed the estimation of a new 2012 JORC compliant resource in March 2018 of

11.2 million tonnes (indicated and inferred) at 10.1% lead and 28 g/t silver within 36.6 million tonnes (indicated and inferred) at 7.3% lead and 18 g/t silver.

Galena has completed a pre-feasibility study in September 2018 and is now on the pathway of a bankable feasibility study.

www.samso.com.au

Samso is primarily a consulting company that delivers digital information to the market in terms of creating organic content.
Samso simplifies your story to customers or investors. Samso creates organic content for you to engage your audience and BRAND yourself to them.
Samso provides bespoke research and presentation for clients to engage their customers or investors.
Organic content allows audiences to feel a real sense of sincerity when you share your business strategy, allowing your business to stand out among the sea of social media traffic.
Working with Proactive Investors Group allows exposing our insights to over 1.2 million monthly unique views internationally.
Samso has nearly 30 years of experience in developing business ideas and concepts in the Australasian region.
Samso has worked primarily in the mineral resources industry, capital markets and corporate finance. Noel Ong is the founder of SAMSO.

Quick facts: Galena Mining Ltd

Price: 0.295 AUD

ASX:G1A
Market: ASX
Market Cap: $111.28 m
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Full interview: Galena Mining ramps up surface infrastructure development at...

Galena Mining Ltd (ASX:G1A) managing director Alex Molyneux updates Proactive on increased surface infrastructure development activities at the Abra Base Metals Project in the Gascoyne region of WA. This forms part of a $15 million development works program. The work is being done prior to...

on 10/10/19

3 min read