Announcement Date: 2022-03-21
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Galileo Mining Ltd.
Project name: Galileo
Location: Australia
Commodities: Palladium,Platinum,Copper,Nickel
Highlight: Drilling results incl. 15m @ 0.34g/t Pd, 0.1g/t Pt, 0.14% Ni, 0.05% Cu from 0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Galileo Mining Ltd (ASX: GAL, “Galileo” or the “Company”) is pleased to announce palladium and platinum assay results from aircore drilling at the Company’s 100% owned Norseman project in Western Australia. Laboratory results from the aircore drilling campaign at the Norseman project’s Mission Sill prospect have been received with further assay results expected over the coming weeks. Galileo’s Managing Director Brad Underwood commented; “Positive palladium and platinum results continue to arrive from our Norseman project with the latest assays showing we have a new target for follow up drill testing. Six out of seven holes drilled on a single line returned significant results with maximum grades of four metres at 0.69 g/t 2E (palladium plus platinum). The location of palladium and platinum in the Mission Sill area is focussed on a geological boundary which has now been defined over eight kilometres of strike. Drill intercepts to date provide a strong basis for follow up RC drill programs with the aim of locating potentially economic mineralisation. Further aircore drilling is also required to assess the prospective zones which have never been drilled. With multiple drill programs planned over the coming months we are anticipating a strong news flow as we pursue these high value exploration targets.”
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