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Galileo Mining (ASX:GAL) strikes sulphides in Delta Blues drilling

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ASX:GAL      MCAP $54.34M
23 August 2021 08:20 (AEST)
Galileo Mining (ASX:GAL) - Managing Director, Brad Underwood

Source: Galileo Mining

Galileo Mining (GAL) has struck more sulphides following drilling at its Delta Blues prospect within the Fraser Range Belt in WA.

The company’s first deep reverse circulation drilling campaign at the prospect has now been completed, with three holes intercepting sulphides, expanding the mineralised strike length to at least 210 metres.

The semi-massive sulphides are thought to be predominantly pyrrhotite, with minor chalcopyrite over intervals from 154 metres to 157 metres, located within a larger zone of disseminated sulphide.

Despite one drill hole being abandoned following drill rods becoming bogged in the running sands and collapsing, the others were completed.

Brad Underwood, Managing Director of Galileo, says it’s very uncommon to come across sulphide mineralisation of the scale seen at this target.

“While the economic potential of the mineralisation will need to be further assessed, the results to date are highly encouraging for the prospectivity of our drill targets in the area,” Mr Underwood said.

“Most importantly, no sulphidic or graphitic sediments were recorded and the target remains strongly compelling due to its high modelled conductivity and geological setting.”

The company says its focus for Delta Blues will now shift to analysing the findings of geophysical surveying, which will help define the deeper targets for diamond drill testing.  

Galileo Mining was trading in the grey at 25.5 cents at 10:16 am AEST.

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