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 finalising key engineering procurement and construction (EPC) and mining services contracts for the construction of plant and development of the underground mine.
The company has also announced that the Bank of America Corporation has become a new substantial holder with a 6.29% holding.