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Galaxy Resources Announces James Bay Drilling Delivers Further High Grade Results

02 Aug 2017  |  09:47:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: James Bay Drilling Delivers Further High Grade Results

Galaxy Resources announced further assays from its 2017 drilling campaign at the James Bay Project in Quebec, Canada. In late March 2017, the Company's James Bay team commenced a 31,000m diamond drilling campaign to extend and develop the existing resource at the James Bay Project in Quebec, Canada. 29,300m of drilling to date has been completed with the entire program expected to be completed by the end of August 2017. Assays have been received for a further 32 diamond holes for 6,450m of 47.6mm (NQ) core diameter drilling. Both resource infill and resource extension diamond (core) drilling has been conducted. The objective of this drilling is to improve and upgrade the resource classification of the existing resource to measured and indicated classifications.

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