Galena Mining Limited (ASX: G1A) has identified broad and high-grade lead intersections from two drillholes at its Abra lead-silver-copper-gold-zinc deposit in the Gascoyne region of Western Australia.
To date, assays have been received for four drillholes of the eleven completed and the copamny says all show excellent, high-grade, consistent lead+silver mineralisation.
Galena CEO Ed Turner said The latest three drillholes have delivered numerous high to very high-grade lead+silver intersections and support the revised geological interpretation and model.
He said focus on high-grade areas at Abra has been deliberately applied by Galena. Including drill hole AB70, which was more than 50 meters from any historic drill hole, all the drill intercepts are located between 50 and 150 metres from historic drilling.
“This confirms the model and highlights the extent of the system at Abra,” Mr Turner said. Galena has now completed eleven holes, for 7,326m, of the 12 hole programme.
To date, results have been received for approximately 30% of the drilling. Drilling is expected to complete within a week with the core to be logged, cut and assayed.
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Upon receipt of remaining assays the ompany will produce a JORC Mineral Resource estimate early in 2018.
Mr Turner said Galena has a geologically controlled, high-grade model for Abra which is being supported by the results of wide-spread, targeted drilling conducted to date.