Galena lauds 'truly world class' Abra

GALENA Mining has outlined a high-grade resource at what it claims is the “truly world class” Abra project in Western Australia.

Galena lauds 'truly world class' Abra Galena lauds 'truly world class' Abra Galena lauds 'truly world class' Abra Galena lauds 'truly world class' Abra Galena lauds 'truly world class' Abra

Core at the Abra lead-zinc project

The 11.2 million tonne resource grades 10.1% lead and 28 grams per tonne silver is subject of a prefeasibility study that Galena aims to complete in the second half of 2018.

The deposit starts at about 230m depth, with Galena highlighting the copper potential below the "core" zone of mineralisation lying between 300m and 750m depth, and traceable over 400m along strike.

Galena suggests lead's outlook from a producer's perspective is very good, with low stockpiles and increasing demand pushing the price up to a seven-year high

Primarily used in lead acid batteries - for applications in vehicles and solar power storage - Galena claimed Abra would have leverage to the expected ongoing electric vehicle revolution, saying "most of today's hybrid vehicles have lead ...

topics

loader