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Galaxy Resources Provides James Bay Drilling Update - Extensive High Grade Mineralisation Continues

10 Aug 2017  |  09:34:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: James Bay Drilling - Continued High Grade Mineralisation

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. The entire program is expected to be completed by the end of August 2017. Earlier assay results (drill hole JBL17-19, 98.0m @ 1.62%, ASX, 2 August 2017) have confirmed the extent and continuity of spodumene mineralization. The earlier results have been re-confirmed elsewhere in the pegmatite swarm (drill holes JBL17-21, JBL17-36, JBL17-38 and JBL17-39) with the latest assays. Mineralisation remains open below and to the west of the currently drilled out resource.

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