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Galena Mining (ASX:G1A) produces first concentrate at Abra, WA

ASX News, Materials
ASX:G1A      MCAP $44.40M
13 January 2023 12:10 (AEST)

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Galena Mining (G1A) has produced first concentrate at the Abra base metals mine in the Gascoyne region of Western Australia.

The mine is 60 per cent held by Galena, with the remaining 40 per cent held by Toho Zinc.

The company has been focusing on its Abra mine, with practical completion of the plant achieved ahead of schedule on December 23 2022, closely followed by ore commissioning, which commenced on January 9.

The ore commissioning of the plant took place under the guidance of GR Engineering, with the aim of completion by the end of the month. This will include completion of punch list items and performance testing.

“Commissioning of the processing plant is progressing quickly and concentrate production shows initial process flow continuity,” Galena Managing Director Tony James said.

The Managing Director told investors the company will continue with commissioning through January, with the focus on achieving the plant’s processing design criteria in the first quarter of the 2023 calendar year.

Galena also aims to produce its first product shipment during this quarter.

Galena Mining was up 5.56 per cent, trading at 28.5 cents at midday AEDT.  

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