FAQ's

What is Placer Mining?
The extraction of heavy mineral from a placer deposit by concentration in running water. It includes ground sluicing, panning, shovelling gravel into a sluice, scraping by power scraper and excavation by dragline, dredge or other mechanized equipment.

Extracting the gold or other mineral from placers, wherever situated--in dry channels and in channels temporarily filled with water. The mineral may be found in deep channels, in navigable streams, or in estuaries or creeks and rivers where the sea ebbs and flows.

A form of mining in which the surficial detritus is washed for gold or other valuable minerals. When water under pressure is employed to break down the gravel, the term hydraulic mining is generally employed. There are deposits of detrital material containing gold which lie too deep to be profitably extracted by surface mining, and which must be worked by drifting beneath the overlying barren material. The term "drift mining" is applied to the operations necessary to extract such auriferous material.

What is heap leach process?
A process used for the recovery of copper, uranium, and precious metals from weathered low-grade ore. The crushed material is laid on a slightly sloping, impervious pad and uniformly leached by the percolation of the leach liquor trickling through the beds by gravity to ponds. The metals are recovered by conventional methods from the solution.

Is the Tablachaca River Placer Project a key project for Galena?
The Tablachaca River Placer Project represents a pure cash flow opportunity for Galena. Management believes that Tablachaca will provide important cash flow to support Galena’s treasury, to help us advance our other exploration projects, while minimizing burn rate.

How many drill programs are currently running or scheduled for Galena?
Currently (as of June 9th, 2008), Galena has two active drill programs (Maria and Melissa) with a third to be commencing on our Mercedes property. Galena has also finished a 9 hole drill program on our Maureen property, assay results are expected mid June 2008.

Is Galena open to looking at Merger and Acquisitions opportunities?
Galena management is open to looking at all opportunities that will create shareholder value. It is management’s belief that when markets are turbulent, opportunity becomes available.

Does Galena plan to Joint Venture any of its projects?
Galena management is open to looking at all opportunities that will create shareholder value. It is management’s belief that when markets are turbulent, opportunity becomes available.

Is Galena planning on being in production in the near term?
It is Galena management’s clear focus to have our property assets in production as soon as possible. Galena is moving forward on our Tablachaca River Placer Project located in Peru. Galena management will be also looking at potential near term production on our Mexican projects.