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Galena Mining moves Abra Base Metals Project into development phase after $100 million financing

Galena Mining Ltd (ASX:G1A) managing director Alexander Molyneux updates Proactive Investors on the company’s development work at its Abra Base Metals Project in Western Australia.
 
Molyneux said the definitive feasibility study for the lead and silver project was on track for release in mid-2019 and work on offtaking, engineering design and long-lead items had already begun. 
 
"Because we raised the equity early, we can move forward with a number of elements of the project development even before the DFS is out," says Molyneux.

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ASX:G1A
Market: ASX
Market Cap: $92.74 m
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Galena Mining's Alex Molyneux talks funding and new gold and base metals...

Galena Mining Ltd's (ASX:G1A) Alex Molyneux updates Proactive's Andrew Scott on debt financing discussions for its flagship Abra Project in Australia as well as outlining new gold and base metals drilling targets that've been identified. He says recent work has found gold mineralisation trends...

1 week, 4 days ago

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