PFS: September 2018

Not long to go now....

http://www.*.com.au/companies/news/...igh-grade-lead-and-silver-at-abra-202060.html

Galena Mining intersects more high grade lead

12:40 02 Aug 2018

Results will feed into the pre-feasibility study to be complete in September 2018.

Galena Mining Ltd (ASX:G1A) has drilled out further high-grade lead and silver intersections from its Abra Base Metal Project near Meekatharra in Western Australia.
Highlights include 28.3 metres at 8.9% lead and 52 g/t silver and 8.1 metres at 11.2% lead in the same hole.
Drilling aims to convert the current resource from the Inferred category to the Indicated category and is ongoing with two rigs in operation.
Assays remain pending for a further six holes.

Galena’s CEO Ed Turner said: ”These results add further confidence to our resource model and the thicknesses and grades are better than expected in several locations in particular the north west sector which includes mineralisation that is closest to surface and therefore likely to be mined in the first few years of production.
“Every hole completed in 2018 has, like in the 2017 drilling, intersected high-grade mineralisation and will therefore greatly assist with the ore block optimisation that is part of the pre-feasibility study.
“We look forward to releasing further results from this drilling program in the coming weeks and the results of a pre-feasibility study. This study will be completed in September 2018.”