
September 07, 2021
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
G1A:AU
Galena Mining CEO Tony James: On Track for Commercial Production in 2023 youtu.be Keep Reading...
The Conversation (0)
12 September 2022
Galena Mining
Galena Mining CEO Tony James: On Track for Commercial Production in 2023 youtu.be Keep Reading...
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."
12 December 2022
Abra Construction At 97% Complete – First Ore Stockpiled For January Processing
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 97% complete as of 30 November 2022. Processing plant commissioning is progressing quickly with practical completion... Keep Reading...
16 November 2022
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... Keep Reading...
13 November 2022
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... Keep Reading...
31 October 2022
Galena Mining Activities Report For Quarter Ended 30 September 2022
GALENA MINING LTD. (“Galena” or the “Company”) (ASX: G1A) reports on its activities for the quarter ended 30 September 2022 (the “Quarter”), primarily focused on construction of its 60%- owned Abra Base Metals Mine (“Abra” or the “Project”) located in the Gascoyne region of Western... Keep Reading...
3h
Silver's New Price Era: What Happens at US$50 and Beyond?
The price of silver is rallying close to its record high, up 62 percent since the start of the year as of October 8.The silver all-time high was US$49.95 per ounce, which it achieved on January 17, 1980. Now less than a dollar shy of that target, trading at the US$49.50 per ounce level, the... Keep Reading...
23h
Ted Butler: Silver's Bull Run — Price Drivers, Stocks, What's Next
Precious metals analyst Ted Butler discusses silver's recent price run and what's next. "The idea that this bull market is over is a fallacy. I would exercise caution, because I believe we're due a correction. But I'm very happy with silver's performance so far year-to-date," he said. Butler... Keep Reading...
07 October
What Was the Highest Price for Silver?
Like its sister metal gold, silver has been attracting renewed attention as a safe-haven asset. Although it continues to exhibit its hallmark volatility, many silver investors believe that a bull market is starting up for the precious metal. Experts are optimistic about the future, and as the... Keep Reading...
06 October
David Morgan: Silver's Rubicon Moment? US$50 in Sight, but Watch for Shakeout
David Morgan, publisher of the Morgan Report, shares his thoughts on silver as the white metal's price approaches US$50 per ounce. He believes silver may be approaching a "crossing the rubicon moment," but emphasized that its move comes amid a much broader transition in the financial system.... Keep Reading...
06 October
Southern Silver Initiates Drill Program at the Puro Corazon Mine on its Cerro Las Minitas Property, Durango, Mexico
Southern Silver Exploration Corp. (TSXV: SSV,OTC:SSVFF) (the "Company" or "Southern Silver") reports today that crews have mobilized in preparation for drilling on the newly acquired Puro Corazon claim, contiguous to its 100% owned Cerro Las Minitas project, Durango Mexico.The exploration... Keep Reading...
03 October
Silver Price Surges Above US$48, Approaches All-time High
The silver price kept surging on Friday (October 3), breaking US$48 per ounce. The white metal last reached this level in 2011, the same year it nearly hit US$50 for only the second time in history. Silver's first run to the US$50 level came in 1980, when the Hunt brothers attempted to corner... Keep Reading...
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00