Galileo Mining (ASX:GAL) is progressing its exploration activities in Western Australia, focusing on palladium, platinum, nickel, copper, and cobalt resources. The company has $12 million in cash to support ongoing significant exploration efforts. Recent developments at the Norseman project include a 2,100-meter drilling campaign revealing promising zones of palladium-platinum mineralization.
Galileo Mining is actively advancing its exploration projects in Western Australia with a solid financial position. The Norseman project has shown promising mineralization zones, and the company plans further drilling at the Mission Sill prospect. In the Fraser Range joint venture with the Creasy Group, drilling is scheduled for the first half of 2025. The company continues to focus on identifying economically viable resources through systematic exploration and advanced geophysical techniques.
The latest drilling results at Norseman are encouraging and have provided us with two target models for further exploration. We are well-positioned financially to continue our aggressive exploration strategy, particularly with the upcoming aircore drill program at Mission Sill. In the Fraser Range, our joint venture is moving forward with drill target selection and preparations for drilling in 2025.