Galena and Toho confirm transaction

GALENA Mining has welcomed Toho Zinc and its money to the Abra lead project in Western Australia, with the A$90 million transaction that’s set to see the Japanese company hold a 40% stake now said to be completed.

Galena and Toho confirm transaction Galena and Toho confirm transaction Galena and Toho confirm transaction Galena and Toho confirm transaction Galena and Toho confirm transaction

A mine is now on its way at Abra, Western Australia

Toho has put $20 million into the joint venture company Abra Mining, with another $10 million on its way once the definitive feasibility study is completed - still expected to be mid-year.

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