The Conversation (0)
July 27, 2021
Highlights
- Final investment decision (FID) made to complete full development of Abra Mine, with first production scheduled for Q1 CY2023
- Cash balance as at Quarter-end A$96.2M following final A$40M investment tranche received from Abra Joint Venture partner, Toho Zinc of Japan, and first US$30M drawn under the Taurus Project Debt Facilities
- Early stage / enabling construction works continued during the Quarter with a further 2% of the Project being completed, taking cumulative Project completion to 17%
- Achievement of 2020 Abra drilling objectives announced together with updated Mineral Resource estimate
- Managing Director role transitioned to Mr Tony James, a Mining Engineer with considerable project development and operational experience in Western Australia
GALENA MINING LTD. ("Galena" or the "Company") (ASX: G1A) reports on its activities for the quarter ending 30 June 2021 (the "Quarter"), largely focused on advancing its 60%-owned Abra Base Metals Project ("Abra" or the "Project") located in the Gascoyne region of Western Australia.
Click here for the full press release
G1A:AU
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
12h
Day One on the TSXV: TruSilver's Rig Heads for the Sturgis Target
Five years of surveys point to one heavy, conductive body beside the historic Walton Mine. ST-2026-01A is the first hole designed to test it.TruSilver Metals Corp. (TSXV: TAG) ("TruSilver" or the "Company") is pleased to announce that a diamond drill rig is mobilizing today to its 100%-owned... Keep Reading...
12h
Eyes on the East: Why Atlantic Canada's Exploration Boom is Gaining Momentum
Atlantic Canada has long sat at the edge of the country's mining conversation. Discoveries and improved mining environments in Nova Scotia, Newfoundland and New Brunswick are changing that. Renewed government focus, from Nova Scotia Premier Tim Houston’s January 2025 push for local natural... Keep Reading...
12h
TruSilver Metals
TruSilver Metals Corp. owns 100% of the Sturgis-Walton Silver Project in Nova Scotia, free of a net smelter return royalty (NSR), adjacent to the historic Walton Mine, where historical sources report mined ore head grades of 350-933 g/t silver (Ag).¹ Overlapping magnetic, gravity and... Keep Reading...
08 October
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...
07 October
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...
07 October
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...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00