Exciting what’s next for Galileo (ASX: GAL)?

Exciting what’s next for Galileo (ASX: GAL)?

August 29, 2022 0 By Rueben Hale

Eyes will be locked on upcoming results from Galileo’s Mining’s Callisto palladium discovery following heavy disseminated and stringer sulphide zones announced today.

Five diamond drill holes confirmed 1.25 metres of massive sulphides logged within a larger 29.1
metre zone of disseminated and stringer sulphides (162.5m to 191.6m in NRCD293).

Screenshot 2022 08 29 111033
Massive sulphide occurs within a broader disseminated sulphide interval from
154.9m to 191.6m.

Galileo Managing Director Brad Underwood suggested there is still much to learn with around 2000m of diamond drilling.

The Company is hoping for similar results considering there is no known mineralised outcrop and over five kilometres of prospective strike, creating =significant potential exists for additional discoveries at shallow depths.

“With an ongoing RC drill campaign of 10,000m [in addition to DD], we are very excited to be rapidly progressing this new West Australian mineral discovery,” Underwood said.

The Company’s share price has risen 32.32 per cent to $1.31.

About Galileo Mining:
Galileo Mining Ltd (ASX: GAL) is focused on the exploration and development of palladium, nickel, copper, and cobalt resources in Western Australia. GAL’s tenements near Norseman are highly prospective for palladium-copper-nickel sulphide deposits, as shown by the Callisto discovery. GAL also has Joint Ventures with the Creasy Group over tenements in the Fraser Range, which are prospective for nickel-copper sulphide deposits similar to the operating Nova mine. GAL’s Norseman Project contains a near surface laterite deposit with over 26,000 tonnes of contained cobalt, and 122,000 tonnes of contained nickel, in JORC-compliant resources.


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