GXY 0.00% $5.28 galaxy resources limited

Galaxy Resources - Sal De Vida, page-55

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    Sal de Vida - September highlights

    * First drill hole for production well completed with pump tests results yielding better than expected results with 25L per second flow rate, higher than DFS assumption.
    Second drill hole complete to 300m. Pump test for this hole expected September quarter.

    * A purpose built laboratory deployed to site in September quarter to provide real-time testing

    * Final approvals expected September quarter commence refurbishment of camp.

    * Project financing and off take agreements to become a reality by months end (purely personal speculation)



    news, news, news ....


    GL
 
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