Announcement Date: 2022-10-12
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. 22m at 1.33g/t Pd, 0.23g/t Pt, 0.07g/t Au, 0.23% Cu, 0.26% Ni from 111m
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 with assays received for RC drilling from the northern line 6,448,100N (Figure 2). Results from NRC309 on the western end of the line show that the sulphide zone is gently folded and that the grade in the west-northwest direction appears to be increasing. No drilling exists west or north of NRC309 and this area is now a priority target for follow up RC drilling. The appearance of disseminated nickel sulphides 300 metres to the north of NRC309 is particularly encouraging for the prospectivity of this location (see ASX announcement dated 10/10/2022). The occurrence of a three-metre seam in NRC309 with higher values of palladium, platinum, and gold, is also interpreted as a positive sign for the potential grade distribution in the new zone to the northwest. Figure 3 shows a plan view of the drilling at Callisto, the location of the 6,448,100N section, and the newly identified nickel sulphide zone to the north. Metal zonation at Callisto is interpreted to be plunging in a westnorthwest to east-southeast orientation.
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