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Galileo Mining (ASX:GAL) begins to test “true extent” of Callisto Discovery, WA

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ASX:GAL      MCAP $54.34M
02 August 2022 09:58 (AEST)

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Galileo Mining (GAL) has kicked off the next round of drilling at its Callisto Discovery near Norseman in Western Australia.

The WA Department of Mines, Industry, Regulation and Safety has green-lit the program, which is designed to follow up on widespread palladium, platinum, gold, copper and nickel sulphide intersections.

Galileo said it planned to drill around 50 reverse circulation drill holes for 10,000 metres around previous drill results that included 33 metres at just over two grams per tonne 4E platinum group elements from 144 metres downhole.

Galileo has also mapped out regional scale targets one kilometre along strike which it will complete as part of this campaign.

Drilling has been underway since May, and Galileo’s Managing Director Brad Underwood said with this next round, the company would be able to begin testing “the true extent of mineralisation”.

“We know from the regional magnetics and outcrop mapping that the ultramafic host rock continues to the north over five kilometres,” Mr Underwood said.

“What we don’t know is how far the mineralisation extends within the host rock over that prospective strike length as the discovery does not outcrop.

“Now that drilling is underway we are in a strong position to begin testing the regional prospectivity.”

The program is expected to wrap up in 12 weeks, with assay results expected from early September.

Simultaneously, diamond drilling is anticipated to start this month with a drilling contract signed.  

Galileo shares last traded at $1.09 on August 1.

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