
May 17, 2023
GALENA MINING LTD. (“Galena” or the “Company”) (ASX: G1A) advises that the Abra mine has set several daily production records this week during production ramp-up, which has exceeded the expected daily targets for steady state production (“Nameplate”). The mine and plant have operated continuously at increasing production levels since resuming on 3 May after the stoppage due to the previously disclosed significant rainfall event.
On 15 May the underground mine delivered 4,030 tonnes (1.47Mtpa equivalent) to the ROM pad, the crusher achieved a daily throughput of 4,137 tonnes (1.51Mtpa equivalent) and the mill processed 3,674 tonnes (1.34Mtpa equivalent) on the same day. Whilst short-term at this stage, these levels compare favourably to our previously stated annual production targets, which are based on 1.30Mtpa.
The mine remains on track to achieve its May production plan and the next concentrate shipment (approximately 5,000t) is scheduled for 25-28 May, with over 3,000t of concentrate stocks produced month to date.
Managing Director, Tony James commented, “It’s pleasing to see Abra respond after the stoppage. These daily production rates show that the mine has the instantaneous capacity to deliver on its production targets. The next step is to deliver these levels of performance on a consistent basis as we continue to transition to steady-state as quickly as possible”.



The Board of Directors of Galena authorised this announcement for release to the market.
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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