ASX:G1A

Galena to Increase Exploration at 100% Owned Jillawarra

GALENA MINING LTD. ("Galena" or the "Company") (ASX: G1A) announces that on conclusion of a detailed review of its 100% owned Jillawarra Project following the acquisition of the key Copper Chert tenement (see Galena ASX announcement of 29 June 2020), the Company has identified several priority targets and will commence drilling some of these targets in Q4, 2021.


The Company also plans to complete further airborne electromagnetic work which will increase the coverage area to approximately 50% including all the priority areas.

Managing Director, Tony James commented that in relation to the Jillawarra Project, "A detailed geological review of the entire Jillawarra tenement package has occurred following the acquisition of the Copper Chert area last year. Applying our greater understanding and knowledge we obtained from our Abra drilling program in 2020 we have been able to clearly identify some high priority targets at Jillawarra. Work on the ground will continue on four of these targets in the Woodlands Complex area this year and we have another three high priority targets that we also want to get busy on. This is an exciting period for the Edmund Sedimentary basin as Abra's development provides a foundation for the opening up of this brand-new mineral province in Western Australia. Along with Abra, the 100% owned Jillawarra ground will be a significant chapter in the development of this region".

HIGHLIGHTS:

  • Galena plans drilling in Q4, 2021 at priority Jillawarra base and precious metals exploration targets
  • Galena owns 100% of the Jillawarra Project which covers 508km2 of prospective Edmund Basin sediments across 60km of contiguous strike immediately to the west of Abra. The tenements cover the prospective Quartzite Well fault zone that contains the Abra deposit and the regional scale Woodlands Complex
  • Following a detailed review of the Jillawarra Project, Galena has identified 7 priority targets from the 25 prospective targets identified and plans to complete up to 3km of drilling and detailed electromagnetic targeting on 4 of those targets. The airborne electromagnetic work will take the coverage of the Jillawarra tenements to approximately 50% GALENA MINING LTD. ("Galena" or the "Company") (AS

Click here for the full ASX release

G1A:AU
The Conversation (0)

Galena Mining

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."

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." Keep Reading...
Mercado Minerals (CSE:MERC)

Mercado Minerals Provides Exploration Update on Copalito; Reveals New Vein Discoveries

Mercado Minerals Ltd. (CSE: MERC) ("Mercado" or the "Company") is pleased to report continued progress from ongoing exploration activities at its flagship Copalito Project ("Copalito" or the "Project"). The Company's technical team in Mexico has been actively mapping, sampling, and advancing... Keep Reading...
Person calculating with a calculator and examining silver bullion on a desk.

How Rick Rule Reinvested His Silver Gains: 5 Silver Stocks He Owns

Over the past year, the spot price of silver has surged past a 40 year record and into triple-digit territory, reaching a high of US$121 per ounce this past January.For silver investors who bought into the physical market when the price was low, this first leg of the silver bull market has... Keep Reading...
Silver bars and price chart.

Silver Institute: Market Heading for Sixth Straight Deficit in 2026

Silver surged past US$100 per ounce for the first time in January before retreating below the US$80 level, marking a volatile start to 2026 as the precious metal faces renewed investor appeal.In its latest annual outlook, published on February 10, the Silver Institute notes that the rally comes... Keep Reading...
Silver and copper bars with "5 Top Canadian Mining Stocks" text overlay.

Top 5 Canadian Mining Stocks This Week: Trinity One Surges 105 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Glencore (LSE:GLEN,OTCPL:GLCNF) said they will no... Keep Reading...

Interactive Chart

Latest Press Releases

Related News