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Galena Mining strengthens board with operational experience as Abra moves to development

New non-executive director Tony James has considerable underground operational and development experience.

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Galena’s board is evolving to ensure the best available skills are engaged

Galena Mining Ltd (ASX:G1A) has strengthened the operational capabilities of its board as its Abra Base Metals Project in WA moves into the development phase.

Tony James, who has considerable senior underground operational and development experience, has been appointed as a non-executive director.

This forms part of the continuing evolution of Galena’s board and management to ensure the best available skills are employed to advance the development of Abra.

READ: Galena Mining launches into Abra Base Metals Project DFS to follow-up “excellent” PFS

Chairman Adrian Byass said, “Galena’s Board and management are very much looking forward to benefitting from Tony’s top-level expertise and active input as we move forward at Abra.

“Tony’s willingness to join following his due diligence on Abra is a great demonstration of the robustness of assumptions behind the project development plans.”

Founding director resigns

The appointment of James coincides with the resignation of non-executive director Olly Cairns.

Byass said, “Olly Cairns was instrumental in the formation of Galena and part of the team which has created this successful emergent company.

“As a founding director from the IPO, Olly has been part of creating the culture and momentum that Galena enjoys.

“On behalf of the company I would like to thank him for his hard work, dedication and valued input, whilst wishing him the best for his future endeavours.”

Experience with other companies

James has previously served as managing director of various mining companies, including Carbine Resources Ltd (ASX:CRB), Atherton Resources and Mutiny Gold.

At Atherton, he achieved a favourable outcome for shareholders which culminated in a cash takeover by Auctus Minerals.

He led the implementation of a revised development strategy for Mutiny’s Deflector copper-gold deposit in WA prior to the merger with Doray Minerals Limited (ASX:DRM).

Operational experience

Prior to these director roles, James held a number of senior executive positions with international gold producer Alacer Gold Corp (TSE:ASR), including president of its Australian operations.

He also played a key role in Avoca Resources’ initial growth and success, leading the feasibility, development and operation of its Higginsvile Gold Mine.

The Abra project is a globally significant lead-silver project in the Gascoyne region of Western Australia, about 110 kilometres from Sandfire Resources NL’s (ASX:SFR) DeGrussa project.

Quick facts: Galena Mining Ltd

Price: 0.185 AUD

ASX:G1A
Market: ASX
Market Cap: $71.33 m
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