TTK® Gold Mining Company is a standard and licensed gold and silver mining company that will be based in the Boise Basin in Boise County Idaho, USA but we will own. Our business goal as a gold mining company is to become the number one choice of jewelry making companies and other companies that make use of gold and silver in the United ...
Abra, and possible extensions to Abra, is the main focus of Galena, but the regional tenement package has excellent potential for Copper Gold deposits as well as further lead zinc silver deposits. The regional exploration targets and prospects include Woodlands, Manganese Range and Quartzite Well.
Cangrejos is a large scale robust project that is expected to have a 16 year mine life Note: By products and equivalents calculated using $1,300 per ounce gold, $3.25 per pound copper, $11.00 per pound molybdenum and $19.00 per ounce silver.
The 60% owned Galena Complex is located in Idahos prolific Silver Valley, a district famous for producing silver, lead, zinc and copper from such well known operations as the Bunker Hill, Sunshine and Lucky Friday mines. A joint venture with Eric Sprott was announced in late 2019 for 40% interest of the property.
The veins principally contain silver, lead, copper and zinc in relatively simple mineralogy. Silver is the primary economic metal at the Galena Mine. Historically, the silver copper veins, containing argentiferous tetrahedrite have been the focus of production at the Galena. The silver copper ratio averages 30 to 35 ounces per percent copper.
The La Arena gold copper project, which is being developed by Rio Alto Mining, is located approximately 480km north northwest of Lima in La Libertad region, northern Peru. It is a two staged development project comprising the development of an oxide gold project in the first phase and a copper gold sulphide project in the second phase.
Galena Mining has found success with its first ever hole drilled specifically to target the interpreted copper gold zone at its Abra Base Metals Project in WA. The AB195 drill hole was carried out as part of the Abra Drilling Program, which saw 57 diamond core drill holes completed across 2020.
The Galena Complex is benefiting from the Recapitalization Plan that commenced in October 2019 as evident from the significant year over year production increase in Q4 2020.
Galena Mining identifies new gold and base metals targets at Abra project The company is progressing with development plans for the project, which is ready to move to main procurement, construction and underground mine development phase pending further financing. Drilling is also planned for the companys nearby Jillawarra project