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Galena Mining upbeat on results from 2020 drill program at Abra as development advances

Galena Mining Ltd's (ASX:G1A) (FRA:GM6) Alex Molyneux discusses with Proactive's Andrew Scott more broad high-grade lead-silver results in from their fifth and final batch of assays from the 2020 drilling program at the Abra base metals project in Western Australia. He also discusses high-grade results of up to 26.9 metres at 1.4% copper from the first targeted copper-gold hole at the project. The 77.28%-owned project is a globally significant lead-silver project, about 110 kilometres from Sandfire Resources Ltd’s (ASX:SFR) (FRA:S2Z) DeGrussa Project.

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Price: 0.305 AUD

ASX:G1A
Market: ASX
Market Cap: $141.17 m
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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