
May 15, 2022
GALENA MINING LTD. (“Galena” or the “Company”) (ASX: G1A) is pleased to announce that the construction progress at its Abra Base Metals Mine (“Abra” or the “Project”) has reached 63% complete on 30 April 2022. Construction achievements during the month include completion of the first 1,000m of decline development and the commencement of the mining the first underground diamond drill chamber. Both GR Engineering Services Ltd. (“GR Engineering”) and Contract Power Australia Pty. Ltd. have made excellent progress at the processing plant and the power station sites.
Managing Director, Tony James commented, “During April we were fortunate to have only 10 COVID-19 isolation cases on site, which has had limited impact on construction works. It’s a credit to the site team on how they have navigated the pandemic-related challenges to date. By the end of April, the decline has reached the 1,380mRL level which is now 67m vertically above the orebody. It's also pleasing to see the development of the first underground diamond drilling drives.
At the processing plant a total of 1,527m3 (61%) of concrete has been poured on track to reach overall design volume of 2,500m3 on schedule. The construction of the fine ore bin is nearing completion and structural steel arriving on site is being installed".
Figure 1 – Lifting of the primary jaw crusher and fine ore bin top into position.
Figure 2 – Shows work progress on site from November 2021 through to April 2022.
Update on Abra Project progress
Overall progress continues to remain in line with Project schedule for the production critical areas of mining and processing. The processing plant engineering, procurement and construction has reached 68% complete by project spend. Underground development continues to be ahead of plan and the first underground drilling drives have been mined. In bulk earthworks, the tailings storage facility (“TSF”) work was suspended whilst a technical review was completed on the proposed TSF design, investigating the material suitability and availability for dam wall construction. A revised TSF has been designed and works have been awarded and for resumption in the second half of May for completion well in advance of plant commissioning. The final works package associated with the remaining non-processing infrastructure, which is not production critical has been finalised and that work has commenced. This includes the remaining buildings and the drill-core processing and storage facility. Owners' costs and contingencies remain under budget.
Click here for the full ASX Release
This article includes content from GALENA MINING LTD. (ASX: G1A), licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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