Announcement Date: 2022-05-26
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. 28m @ 1.29g/t Pd, 0.22g/t Pt, 0.07g/t Au, 0.27% Cu, 0.26% Ni from 137m
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 drill assays from five of the six RC holes completed at the Callisto palladium-platinum-copper-nickel discovery at the Company’s 100% owned Norseman project in Western Australia. Six holes for 1,142 metres were drilled at Callisto with discovery hole NRC266 recording the widest interval of sulphide mineralisation (see ASX announcements dated 4th and 11th May 2022). Figure 1 shows the drill section through 6,448,000 north with NRC266 and the assays from NRC264 and NRC265. The zone to the east of NRC266 is now a priority target and will be tested in the drill program due to commence next week. Figure 3 shows a plan view of the existing drill holes with the target zone for the upcoming drilling. The target zone is a sulphide mineralised unit developed at the base of an ultramafic sill where it intrudes into a package of sedimentary rocks. Encouragingly, every drill hole exhibits a consistent geological mineralisation pattern. Drill holes in the initial program were completed on two east-west lines spaced 50 metres apart with a 50-metre drill spacing along the lines. Drill holes in the upcoming program will continue to be spaced approximately 50m apart with the intention of defining the grade variation across strike prior to step out drilling along strike to the north.
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