- Galileo Mining (GAL) receives the first assays from aircore drilling at its Norseman project in Western Australia
- The company has completed 8000 metres of aircore drilling and the program is expected to conclude over the coming days
- Initial assays have shown magmatic nickel-copper-cobalt-palladium mineralisation which the company plans to follow up with an EM survey prior to RC drilling
- According to Managing Director Brad Underwood, the potential for further sulphides is “exceptional”
- Shares were trading 4.08 per cent in the red at 23.5 cents
Galileo Mining (GAL) has received the first assays from aircore drilling at its Norseman project in Western Australia.
So far, the company has completed 8000 metres of aircore drilling and the program is expected to conclude over the coming days.
The first assays from drill hole NAC105 have shown magmatic nickel-copper-cobalt-palladium mineralisation with the company highlighting one metre of sulphide from 60 metres downhole. This included one metre at 0.24 per cent nickel, 0.35 per cent copper, 0.04 per cent cobalt and 0.25 grams per tonne palladium.
Sulphide from end of hole in NAC105 was a priority sample and GAL expects to receive the bulk of results in January.
According to Galileo’s Managing Director Brad Underwood, the aircore rig was unable to drill through the sulphide at the bottom of hole, and consequently the mineralisation is open in all directions.
“The sulphide occurs on the margin of a large ultramafic intrusion which can be traced along strike over several kilometres,” he said.
“This is the exact setting where mineral deposits can occur and at just over 50 metres below surface the potential for further sulphides is exceptional.”
Follow up work on the massive sulphide prospect will include electro-magnetic surveying, prior to reverse circulation drill testing planned for next year.
Shares were trading 4.08 per cent in the red at 23.5 cents at 2:30 pm AEDT.