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Galileo Mining (ASX:GAL) confirms high-grade palladium mineralisation at Callisto, WA

ASX News, Materials
ASX:GAL      MCAP $54.34M
20 September 2022 10:07 (AEST)

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Galileo Mining (GAL) has confirmed consistent high-grade palladium mineralisation at the Callisto discovery within its Norseman project in WA.

The news comes as the company reports new assays from its ongoing reverse circulation (RC) and diamond drilling program.

The latest drilling highlights include 30 metres at 2.08 grams per tonne (g/t) of palladium, platinum, and gold (3E), 0.37 per cent copper and 0.34 per cent nickel from 149 metres.

Galileo said the mineralisation remained open along-strike and down-dip to the east, where diamond drilling was continuing.

Managing Director Brad Underwood said there was a lot to learn about the overall mineralised system at Callisto.

“New mineral discoveries present a tremendous opportunity in the early stages of exploration, and we believe Callisto is no exception,” Mr Underwood said.

“Drilling will provide us with the data we need to understand the mineralisation and to trace out any high-grade zones along strike and at depth.”

So far, Galileo has completed 8600 metres of RC drilling and 1400 metres of diamond drilling in the area as part of its current programs.

Assays are currently pending for all diamond drill holes, with the first diamond core results expected in two-to-four weeks.

Shares in Galileo Mining last traded at $1.20 on September 19.

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