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Galileo Mining (ASX:GAL) plans drilling at Fraser Range in the new year

Mining
ASX:GAL      MCAP $51.38M
16 December 2020 05:00 (AEST)
Galileo Mining (ASX:GAL) - Managing Director & Chairman, Brad Underwood

Source: The Pick Magazine

Galileo Mining (GAL) is planning to begin reverse circulation (RC) drilling at the WA-based Fraser Range Project in February next year.

Around 1200 metres of drilling will test electromagnetic (EM) conductors at the Lantern East prospect and for deeper sulphide mineralisation at the Lantern South prospect — both of which are part of the Fraser Range Project.

“Galileo continues to execute its strategy of rapidly exploring highly-prospective targets within the emerging Fraser Range nickel belt,” Managing Director Brad Underwood said.

Drilling has attempted to test the EM conductors at Lantern East before, however, it was unable to determine the source of the conductive anomaly. So EM surveying provided more data to allow the targets to be remodelled.

At Lantern South, drilling will focus on the south of hole LARC012 to expand the known area of mineralisation along the margin of the ultramafic intrusion. Previous results from the prospect include 41 metres at 0.19 per cent nickel and 0.14 per cent copper from 55 metres.

Galileo continues to conduct EM surveying at the Fraser Range Project however, the field crew are currently on Christmas break.

Surveying will recommence in mid-January at the Delta Blues prospect and the company expects to move across other prospects until March. It is hoped the survey work will generate drill targets.

Norseman Project

Galileo Mining has also undertaken exploration at the Norseman Project in Western Australia.

“The Norseman area is located 50km south of the nickel deposits at Cassini, Mariners, and Wannaway, and contains the komatiite stratigraphy prospective for Kambalda style nickel mineralisation,” Brad said.

A soil sampling program has been completed which targeted nickel sulphides. In total, 1726 samples were collected and have been sent to the lab for analysis. Results are expected to be received in mid-January 2021.

The company will utilise the data to refine targets for a drilling program.

“We anticipate drilling at Norseman for nickel sulphides to commence in Q2 2021,” he added.

Galileo ended the day trading 6.52 per cent down at 21.5 cents.

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