16 ORD STREET, LEVEL 2
WEST PERTH
Western Australia
Australia,
6005
Phone: +(618) 9215 1700
Fax: +(618) 9215 1799
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Company SummaryGalaxy is an industrial minerals company focusing on lithium production. Galaxy has completed a definitive feasibility study (DFS) which demonstrates that the Mt Cattlin Lithium / Tantalum project (Ravensthorpe, Western Australia) is commercially viable based on a processing rate of 1 million tonnes per annum over a 15 year mine life. Company NewsWednesday, November 18, 2009 Galaxy Resources (GXY) completed half of a 9,260m RC drilling program aimed at upgrading and extending resources at the Mt Cattlin Spodumene Project near Ravensthorpe in Western Australia. A new zone of lithium-bearing pegmatite mineralisation discovered to the northwest of the current resource was reported with best intercepts of 16m @ 1.35%Li2O in GX1054 and 9m @ 2.13%Li2O in GX947. Some extension of the resource to the south west is evident. Several holes intersected significant pegmatite mineralisation, including 5m @ 1.93% Li2O in GX926 and 4m @ 1.82% Li2O in GX925. In the east of the Mt Cattlin resource, infill and minor step out drilling returned best results including 9m @ 1.78% Li2O in GX968 and 9m @ 1.41% Li2O in GX969. News ReleasesThursday, November 19, 2009 Wednesday, November 18, 2009 Wednesday, November 18, 2009 Friday, November 13, 2009 Wednesday, November 11, 2009 Map Legend: Producer Past Producer  Development  Exploration |
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