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Galena Mining's Alex Molyneux talks funding and new gold and base metals targets at Abra

Galena Mining Ltd's (ASX:G1A) Alex Molyneux updates Proactive's Andrew Scott on debt financing discussions for its flagship Abra Project in Australia as well as outlining new gold and base metals drilling targets that've been identified. He says recent work has found gold mineralisation trends and associated key structures potentially controlling ingress of base and precious metals rich fluids into the deposit from depth. Galena has subsequently developed priority drilling targets specifically for gold and copper at Abra, which is in Western Australia's Mid-West.

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ASX:G1A
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Galena Mining looks ahead to further project construction after completing...

Galena Mining Ltd's (ASX:G1A) Alex Molyneux speaks to Proactive's Andrew Scott soon after announcing they've completed the funding package for the Abra Base Metals Project. It follows an agreement with Taurus Mining Finance Fund No2 LP for US$110 million in project financing debt facilities....

on 16/11/20

2 min read