Galena Mining

Abra Mine Reaches Ore

GALENA MINING LTD. (“Galena” or the “Company”) (ASX: G1A) is pleased to announce that the underground development at its Abra Base Metals Mine (“Abra” or the “Project”) has reached the Abra orebody. Commissioning has commenced in several key areas of the processing facility and the Power Station (Pacific Energy) completed full integration of the hybrid gas/solar/battery energy storage system (BESS) power station on 10 November. The project remains on track for first concentrate production in Q1 2023.

Managing Director, Tony James commented, “Reaching first ore underground delivers another significant step in bringing the Abra project on-line. The first cut in the portal was taken in October 2021, and now 2,949m later and 250m below surface we have reached the orebody. Special acknowledgement needs to be given to Byrnecut and the Abra mining team for achieving this milestone, and everyone involved should be very proud of what they have achieved. It’s also important to acknowledge Pacific Energy and the Abra project team for the faultless commissioning of the power station and completing the full integration of the solar system”.

First ore heading underground has been reached on the 1300mRL access drive. Project to date (PTD) underground development to this point in time was 2,949m and first ore is 250m below the surface. Figure 2 below shows the mine development completed to the end of October 2022. The second underground development Jumbo has commenced at Abra in line with multiple headings being established and underground development is expected to increase accordingly. Underground grade control drilling continues and the 6m diameter return airway shaft drilling has been completed in November through to the surface.

On 20 October, the site changed over to mains power station with the commissioning of the Pacific Energy hybrid 10MW gas/solar/BESS power station. On the 10 November the system was fully integrated with the successful integration of the 6MW solar panels. The mine and general site infrastructure is running on mains power and plant commissioning to date includes the energisation of the crushing/screening sections.


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.

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Galena Mining Director & CEO Tony James

Galena Mining

Galena Mining CEO Tony James: On Track for Commercial Production in 2023youtu.be

Galena Mining (ASX:G1A) announced that construction at its Abra base metals mine is already 78 percent complete as of July 31, 2022. CEO Tony James said the company has done a great job building the project.

James commented, “The project's 80 percent complete. I think a lot of people have been just sitting and watching how we would perform this year, a perceived difficult construction period. But we've done a great job, and people will suddenly realise that everything's on track.”

The Abra base metals mine is a high-grade lead-silver mine located in the highly prospective Edmund sedimentary basin in the Gascoyne region of Western Australia. The project is under full construction in 2022 and remains on target for first commercial production in January 2023.


The activities that have progressed include concrete works and structural steel installation, as well as the mechanical, piping and electrical fit-out stages. The flotation cells and drive mechanisms are currently in shipment and are expected to arrive by September. The mine’s regrind mill has been shipped from Germany to Melbourne.

In July 2022, Galena raised a AU$17 million buffer for Abra’s critical initial commissioning and ramp-up stages.

“We raised some money in late July, which serves as our reserve facility. It’s been put in place by the joint venture partners to look after our working cap and risk period, which is the first initial commissioning period of the project. We don't believe we need to raise any more money at this stage.”

“I think we've done a great job building this project, I think we're on top of our risk profile. And this project is going to go ahead. We'll start producing concentrate in January and start supplying the market. We're very confident.”

Watch the full interview of Galena Mining CEO Tony James above.

Disclaimer: This interview is sponsored by Galena Mining (ASX:G1A). This interview provides information which was sourced by the Investing News Network (INN) and approved by Galena Mining in order to help investors learn more about the company. Galena Mining is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Galena Mining and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

Galena Mining CEO Tony James said, “People have been just sitting and watching how we would perform this year, a perceived difficult construction period. But we've done a great job."

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