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Galileo Mining (ASX:GAL) strikes high-grade nickel sulphide at Callisto, WA

ASX News, Materials
ASX:GAL      MCAP $53.35M
12 December 2022 11:04 (AEST)

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Galileo Mining (GAL) has struck high-grade nickel sulphide at the Callisto Discovery within its Norseman project in Western Australia.

The company has received new diamond drill assays that revealed the highest grades of nickel and copper from disseminated sulphides to date, returning 1.58 per cent nickel, 0.93 per cent copper and 3.32 grams per tonne (g/t) platinum group elements over one metre.

Galileo said the peak nickel, copper and palladium grades were interpreted as increasing at depth and to the east, while the diamond drill results also demonstrated grade continuity at depth.

Further assays included 23 metres at 1.41 g/t platinum group elements, 0.28 per cent copper and 0.36 per cent nickel from 248 metres.

“The nickel results from disseminated sulphides in diamond core show we are drilling a quality mineralised system capable of producing high grades of nickel, copper, and palladium within disseminated sulphides,” Galileo Managing Director Brad Underwood said.

“As diamond drilling progresses to the east we are seeing higher peak values in metal grades.”

Looking ahead, the company plans to continue diamond drilling at the eastern zone where grades are increasing at depth, along with reverse circulation drilling targeting shallow sulphide zones to the west.

Assays are still pending for over 20 reverse circulation and diamond drill holes, with results expected over the New Year period and through January.

Galileo Mining was up 11.36 per cent to 98 cents at 11:00 am AEDT.

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