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Galileo Mining (ASX:GAL) intersects disseminated sulphide mineralisation at Callisto

ASX News, Materials
ASX:GAL      MCAP $54.34M
21 June 2022 08:28 (AEST)

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Galileo Mining (GAL) has intersected disseminated nickel and copper sulphide mineralisation in its latest drilling at the Callisto palladium discovery within its Norseman project in Western Australia.

Four reverse circulation (RC) drill holes were completed as part of the ongoing RC drill program, which aimed to follow up on previous drill results.

Results were consistent with the first round of drilling, with all holes intersecting wide zones of disseminated mineralisation.

The mineralised zone is now interpreted to extend at least 250 metres across strike and was confirmed by a portable XRF analysis.

Samples have been submitted for assay, with results expected in July.

In the meantime, the company is working to mobilise a second drill rig to speed up production, after heavy rainfall dampened activity.

Managing Director Brad Underwood said he is looking forward to seeing the outcomes from further drilling.

“The results confirm the consistency of the geology over the target area and the drill samples have been sent to the laboratory for analysis,” he said.

Shares in the company last traded at $1.54 each.

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