Galena Mining

Abra Construction At 92% Complete – Reaches First Ore Underground

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 92% complete as of 31 October 2022. Underground mine has reached the first ore (see ASX announcement 14 November 2022) and plant commissioning continues in several key areas with the project focussed on achieving first concentrate production in Q1 2023.

Managing Director, Tony James commented, “Reaching first ore underground is extremely rewarding for everyone involved in the project. To see for the first time what we have predicted and interpreted as the Abra orebody delivers a significant step forward for the project. Record development metres in October has taken the mine to the ore and we continue to establish key underground infrastructure with the completion of the 6m diameter surface rise that will be the primary return airway.”

Update on Abra Project progress

Overall progress continues to remain in line for Project completion, with first commercial production expected in Q1 CY2023. The processing plant engineering, procurement and construction has reached 97% complete. Structural steel has been completed in October and mechanical installations are at 96% complete. Piping at 80% and electrical at 71% complete continue to progress quickly.

Pacific Energy’s Hybrid 10MW LNG/solar power station completed full integration with the solar power supply, dry commissioning of the crushing and screening areas was completed in early November and first rock crushing is scheduled for late November. Grinding section dry and wet commissioning will commence in the second half of November and is planned for completion by mid-December. The remaining commissioning schedule is unchanged from the last update and is shown below in Table 1.

Mine decline development continued during October. A total of 311m was developed with the decline reaching 1,284mRL. October represents the highest individual development month since the first cut was fired in the portal in October 2021. The decline location is 266m vertically below the surface and is 29m vertically below the original top of the orebody (1313mRL). Underground drilling has now identified mineralisation as high as 1330mRL which is currently being reviewed for potential extraction. The 1300mRL ore access drive reached first ore in early November (See ASX announcement 14 November 2022).

The 1290mRL horizon is a significant work area for development as underground infrastructure for pumping, ventilation, second means of egress and power are all distributed from this level outwards into the development network. All this infrastructure is currently being established and will result in an increased focus on lateral development and lower decline development in the short term.


Click here for the full ASX Release

This article includes content from Galena Mining, 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.

G1A:AU
The Conversation (0)
Nathan Harte, silver bars.

Silver Demand Rising, We're Boosting Production Now | Avino Silver & Gold Mines' Nathan Harte

Nathan Harte, CFO of Avino Silver & Gold Mines (TSX:ASM,NYSEAMERICAN:ASM), discusses silver market trends, as well as the company's transition to a multi-asset producer.That transition is being driven by work at the La Preciosa mine in Mexico. Don't forget to follow us @INN_Resource for... Keep Reading...
Paul Andre Huet, silver bars.

Silver Cycle Just Starting, in Growth Mode Now | Americas Gold and Silver's Paul Huet

Paul Huet, CEO of Americas Gold and Silver (TSX:USA,NYSEAMERICAN:USAS), shares his thoughts on silver and antimony, outlining the company's contributions to both markets. "As far as we're concerned, we're at the very beginning of a silver cycle," he said. Don't forget to follow us @INN_Resource... Keep Reading...
Silver Interest Strong, Building Next Major Miner | AbraSilver Resource's Jeremy Weyland

Silver Interest Strong, Building Next Major Miner | AbraSilver Resource's Jeremy Weyland

AbraSilver Resource (TSX:ABRA,OTCQX:ABBRF) COO Jeremy Weyland discusses the company's next catalysts as it moves toward a final investment decision for its Diablillos project."At AbraSilver we have a robust, world-class silver project — there's really nothing like that out there. And Argentina... Keep Reading...
Dan Dickson, Endeavour Silver.

Bullish on Silver, Now it's Time to Execute | Endeavour Silver's Dan Dickson

Dan Dickson of Endeavour Silver (TSX:EDR,NYSE:EXK) shares his thoughts on silver supply and demand, as well as how his company is working to capitalize on the improved price."I'm bullish on silver, (and) I'm bullish on how people are going to invest in silver over the next little bit," he... Keep Reading...
Contango Silver & Gold: Updated MRE for Kitsault Valley Project, Upcoming Portfolio Milestones in 2027/2028

Contango's Kitsault: 2027/28 Milestones

Contango Silver & Gold (NYSEAMERICAN:CTGO,TSX:CTGO is progressing its project pipeline on time and on budget. The company has published an updated mineral resource estimate (MRE) for its fully owned Kitsault Valley project in BC's Golden Triangle as of September 2026, and is targeting to wrap up... Keep Reading...
Peter Krauth, silver bars.

Peter Krauth: Silver Mania Still Ahead, Don't Get Caught in Bear Trap

Peter Krauth, editor of Silver Stock Investor and Silver Advisor, weighs in on the state of the silver market and where he sees opportunity now. "The last couple of years belonged to silver. I think the next couple of years are going to belong to silver stocks," he said, noting that more... Keep Reading...

Interactive Chart

Latest Press Releases

Related News