Galileo (ASX:GAL) flag scale nickel discovery

Galileo Mining RC drilling results confirm a sizeable nickel from the first of four holes with up to 0.59 per cent disseminated nickel sulphide north of the Callisto palladium discovery within the Company’s 100% owned Norseman project in Western Australia.

The large-scale mafic-ultramafic intrusion is interpreted to occur 100 metres north of NRC346 and is now a priority follow-up drill target.

The Company said a new nickel sulphide zone and mafic-ultramafic intrusion are believed to be a separate mineralised domain from Callisto.

“Today’s results confirm the amazing prospectivity of the ground we are exploring. In our first
regional exploration program since the discovery of Callisto we have identified
wide zones of disseminated nickel sulphide in a new geological setting,” Managing Director Brad Underwood said.

“This new area has the potential for a substantial nickel discovery associated with a large, interpreted intrusion a hundred metres to the north of NRC346.”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“The style of metal enrichment identified has higher nickel content than Callisto and lacks the PGE metals seen to the south.

“It also occurs within a discrete gabbroic rock unit and the Company believes this represents a
previously unknown intrusive nickel target within a newly identified and highly fertile mineral province.

“Historical exploration was guided by surface sampling which left most of the area unexplored as mineralisation does not outcrop due to the flat lying stratigraphy.

“Having discovered Callisto we are now in an excellentposition to effectively explore and discover the next generation of deposits that are blind to surface prospecting
techniques.

“Our target generation model has been validated by the current results and we will continue to aggressively explore all of the 278 km2 of tenements at our Norseman project.”

Price Action

The Company’s ASX-listed shares are $1.11 in morning trade.

Next Steps

RC and diamond drilling continCompany’sallisto, with the following assays expected in mid-November

Highlight Results

• Extensive 50-metre drill intersection from NRC346 containing
  higher-grade nickel intervals
• 50 metres @ 0.32% nickel from 95m (approximately 80 metres
  below surface) including 2 metres @ 0.50% nickel from 111m; 2 metres @ 0.59% nickel from 123m; 2 metres @ 0.56% nickel from 136m; 3 metres @ 0.46% nickel from 142m

About Galileo Mining

Galileo Mining is a resources company listed on the Australian Securities Exchange (ASX) under the code GAL. It is exploring its Norseman and Fraser Range projects for base metals in southeast Western Australia.

The Company has 100% ownership of its Norseman Project and has Joint Ventures with the Creasy Group over highly prospective tenements in the Fraser Range.

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