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Galileo Mining grows Norseman PGE and nickel potential with new targets south of Callisto

Published 18/09/2023, 10:46 am
© Reuters.  Galileo Mining grows Norseman PGE and nickel potential with new targets south of Callisto

Galileo Mining Ltd (ASX:GAL, OTC:GLMGF) has revealed further platinum group elements (PGE) and nickel assays during a review of historical drill samples within the company’s Norseman Project in Western Australia.

The company has re-assayed samples from the 2018 reverse circulation (RC) drill program in light of the Callisto palladium and nickel discovery in 2022, which is only three kilometres to the north.

Notable intersections include:

  • 3 metres at 0.92 g/t 2E (palladium + platinum) and 0.15% nickel from 6 metres;
  • 6 metres at 0.66 g/t 2E and 0.14% nickel from surface within a broader interval of 48 metres at 0.27 g/t 2E and 0.24% nickel from surface; and
  • 12 metres at 0.62 g/t 2E and 0.18% nickel from surface.

The current drill program is continuing at North Callisto and Jimberlana prospects with assay results expected in October.

Meanwhile, first-pass RC drilling in this new area south of Callisto is planned in early November this year.

“Highly prospective”

Galileo managing director Brad Underwood said: “Since the discovery of the nickel-palladium mineralisation at Callisto we have been actively reviewing our entire project area to understand the potential of the region.

“In addition to the five kilometres of strike length to the north of Callisto, we have now identified a further four kilometres of strike length to the south.

“This new prospectivity is shown by anomalous palladium, platinum and nickel in 2018 drilling that was previously unrecognised.

“The magnetic data also shows an intrusive rock unit that matches the drill assays.

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“First pass RC drilling at South Callisto is planned to commence in early November.

“Meanwhile, the assays from the current drill campaign at North Callisto and Jimberlana prospects are expected in October.

“Callisto is a new mineralised discovery in an underexplored region and establishes Galileo’s ground at Norseman as highly prospective for further success.”

Key highlights

Galileo completed around 3,100 metres of RC drilling over 58 drill holes in 2018 to define the 'Goblin' cobalt laterite resource.

Selected drill sample pulps from this drilling were re-analysed for PGEs and gold by fire assay.

Anomalous results were recorded in multiple drill holes with assay results from 23 drill holes recorded.

Outcropping ultramafic rock units have been recorded by field mapping and interpretation of the magnetic data suggests that discrete intrusive rock units, similar to that found at Callisto, occur at the South Callisto prospect.

Furthermore, first-pass drilling at South Callisto is planned to kick off in early November.

Read more on Proactive Investors AU

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