Announcement Date: 2022-05-11
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Galileo Mining Ltd.
Project name: Norseman
Location: Australia
Commodities: Gold,Palladium,Platinum,Copper,Nickel
Highlight: Drilling results incl. 33m @ 1.64g/t Pd, 0.28g/t Pt, 0.09g/t Au, 0.32% Cu, 0.3% Ni from 144m
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 the discovery of significant palladium-platinum-copper-nickel-sulphide at the Company’s 100% owned Norseman project in Western Australia. Six holes for 1,142 metres were drilled at Callisto (see ASX announcement dated 4th May 2022). The target is a mineralised sulphide unit developed at the base of an ultramafic sill where it intrudes into a package of sedimentary rocks. Every drill hole exhibits a consistent geological pattern in downhole logging – weak disseminated sulphides/disseminated sulphides/weak disseminated sulphides/(ultramafic)/sediment. Drill holes were completed on two east-west lines spaced 50 metres apart with a 50-metre drill spacing along the lines. Figure 1 shows the drill section through 6,448,000 north with the discovery drill hole NRC266. Drill hole NRC266 recorded the widest interval of sulphide mineralisation with sulphide abundance increasing to the east in the drilling. The zone to the east of NRC266 is now a priority target for drill testing. Figure 3 shows a plan view of the drill holes with the target zone to the east of the current drilling.
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