- Galileo Mining (GAL) has completed drilling at its Fraser Range and Norseman projects in Western Australia
- GAL completed two diamond drill holes at the Delta Blues prospect at Fraser Range, testing a conductive target beneath sulphide mineralisation previously intercepted
- The company isn’t sure whether the conductor can be adequately explained by the mineralisation intercepted, with electro-magnetic (EM) survey and assaying now required
- At Norseman, 8700 metres of drilling was completed with a massive sulphide intersected in one hole — though the drill bit was unable to penetrate the mineralisation
- Shares in GAL are down 6.82 per cent at 20.5 cents each
Galileo Mining (GAL) has completed drilling at its Fraser Range and Norseman projects in Western Australia.
The company completed two diamond drill holes at the Delta Blues prospect within Fraser Range, testing a conductive target beneath sulphide mineralisation previously intercepted through drilling.
GAL intersected matrix, stringer, and disseminated sulphides in both holes, but the business isn’t sure whether the modelled conductor can be adequately explained by the mineralisation intercepted.
Down hole electro-magnetic (EM) surveying and laboratory assaying will be required to determine whether there are further targets for drilling within the area.
Core samples from the drilling will also been sent off for assaying, with results expected back in 10 to 12 weeks.
At Norseman, Galileo Mining completed 8700 metres of aircore drilling targeting multiple new nickel and palladium targets.
The material stock intersected a massive sulphide in one hole — though the drill bit was unable to penetrate the mineralisation.
This new zone of sulphide mineralisation will be followed up with EM surveying in January, to define further drill targets for drill testing in 2022.
Additional assay results from the drilling have been submitted for testing and results are expected to trickle in from next month.
Following today’s update, shares in Galileo Mining were trading down 6.82 per cent at 20.5 cents each at 1:26 pm AEDT.