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Galena Mining director makes on-market share purchase

Galena is progressing with the construction of the Abra Base Metals Project in WA’s Mid-West.

Galena Mining Ltd - Galena Mining director makes on-market share purchase
Construction work at the project is now 9% complete

Galena Mining Ltd (ASX:G1A) director Stewart Howe has backed the company with the purchase of 40,000 shares.

Howe now holds a total of 536,425 direct and indirect shares in the company.

Last week, Galena completed the box-cut for its underground mine at the Abra Base Metals Project in WA’s Mid-West.

This work by a third-party mining contractor means that the construction by Abra Mining Pty Limited (AMPL), the joint venture company for the project, is 9% complete.

Completed box-cut at Abra

Abra’s box-cut is about 190 metres long (north-south) to a depth of 25 metres and an average width of about 45 metres (east-west).

The southern wall that is the base of the box-cut is the location of the future main portal for the underground mine decline.

Quick facts: Galena Mining Ltd

Price: 0.23 AUD

ASX:G1A
Market: ASX
Market Cap: $92.74 m
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