Announcement Date: 2022-09-20
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. 30m at 1.69g/t Pd, 0.3g/t Pt, 0.09g/t Au, 0.37% Cu, 0.34% Ni from 149m
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 drill assays from the ongoing RC drill program at the Callisto palladiumplatinum-gold-rhodium-copper-nickel discovery within the Company’s 100% owned Norseman project in Western Australia. Two rigs (one RC and one diamond drill) are continuing to drill at the Callisto discovery where Galileo recently made a major palladium-platinum-gold-copper-nickel discovery (see ASX announcement dated 11th May 2022). Subsequent assay results have shown the sulphide mineralisation at Callisto is accompanied by the high value precious metal rhodium (see ASX announcements dated 27th May 2022 and 4th August 2022). Rhodium assaying of sulphide zones is progressing with a separate analytical technique used to quantify rhodium after the initial Pd-Pt-Au-Cu-Ni results. The results reported above will ultimately be updated to include rhodium when laboratory assays become available. Figure 2 –– Callisto geological interpretation section 6,447,950N with major drill intercepts. Assays pending for all diamond drill tails (NRC301, NRC302, NRC305, NRC306). NRC304 yet to be drilled with diamond tail.
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