Galileo Mining begins drill campaign at Norseman Project
Key points
- Galileo Mining started a 2,000-metre reverse circulation drilling programme targeting platinum group metals, copper, and nickel at its Norseman Project.
- The explorer remains fully funded for planned work with approximately $6.9 million in cash reserves.
- The programme aims to test two large mineralised zones at the Mission Sill prospect for potential new discoveries.
Galileo Mining (ASX:GAL) has launched a 2,000-metre reverse circulation drilling programme targeting platinum group metals, copper, and nickel at the Mission Sill prospect.
The new campaign tests two anomalous zones spanning 1.4km and 2km following previous shallow intercepts of up to 0.88 grammes per tonne 3E.
"With previous RC drilling uncovering sulphide zones at shallow depths within the same area, we are enthusiastic about the possibility of new PGM copper nickel discoveries," said Galileo Mining Managing Director Brad Underwood.
The company stated that assay results from the fully funded exploration programme are expected six weeks after drilling finishes.
Following the announcement, the Galileo Mining share price was unchanged at $0.12.
Galileo Mining holds full ownership of the Norseman project in Western Australia, where it is exploring regional targets beyond its foundation Callisto deposit.
The explorer also holds joint ventures across the Fraser Range targeting nickel-copper sulphide systems similar to the Nova mine.
