Announcement Date: 2022-11-16
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. 7m at 2.52g/t Pd, 0.47g/t Pt, 0.1g/t Au, 0.45% Cu, 0.42% Ni from 289m
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 diamond core drilling at the Callisto palladiumplatinum-gold-rhodium-copper-nickel discovery within the Company’s 100% owned Norseman project in Western Australia. Figure 2 shows the section on line 6,448,000 north, where the present assays have been returned from drill hole NRCD280. An increase in palladium-platinum-gold-copper-nickel grades in NRCD279 and NRCD280 is associated with a flatter section of the underlying stratigraphy, beneath the ultramafic sill which hosts the mineralisation. RC pre-collars have been drilled for holes NRCD329, NRCD330 and NRCD331, east of NRCD280 in the Figure 2 section. The diamond rig is now drilling NRCD331 (see Appendix 2 for collar details). 20 diamond core holes are awaiting assaying with results expected from late November through to January, dependent on the available laboratory turnaround times. Three metallurgical drill holes are awaiting assay (quarter core samples) prior to selection of composites for initial metallurgical test work. Quotes have been received for the metallurgical program which is expected to begin in December.
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