Galena Mining Limited owns 100% of the Abra base metals deposit located in the Gascoyne Region of WA.
Galena was admitted to the Official List of ASX Limited on Tuesday 5th September and commenced trading on Thursday 7th September in a strongly oversubscribed IPO raising $6,000,000 before costs.
With a new 2018 JORC Resource Estimate announced on Wednesday 14th March:
High-grade resource of 11.2Mt (Indicated and Inferred) @ 10.1% lead and 28g/t silver
within 36.6Mt (Indicated and Inferred) @ 7.3% lead and 18g/t silver,
The Company will follow its strategy of targeting the proven high-grade mineralisation at Abra in a high-grade, low-capex development strategy to maximise shareholder value.