Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)
Lithium
43.74
(0.93%)
Gold
2,793.90
0.25%
Copper
4.36
(0.05%)
Oil
67.88
0.61%
Bitcoin
72,438.16
(0.37%)
FTSE 100
8,189.79
(0.36%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,233.05
(0.21%)
Iron Ore
103.85
0.26%
USD/AUD
0.66
0.24%
Hang Seng
20,380.64
(1%)

Galileo Mining (ASX: $GAL) identifies priority drill target

Exploration activity results at Norseman project


Galileo Mining Ltd (ASX: $GAL) has announced the identification of a strong 16,000S electro-magnetic (EM) conductor beneath recent drill hole NRC493, indicating a geological contact zone prospective for PGE-nickel-copper mineralisation. The new target will be added to the upcoming drill program scheduled to commence in August, as part of the ongoing target generation work designed to deliver further targets for drilling over the 20km of strike surrounding the Callisto deposit and the 12km of strike at the Mission Sill PGE-nickel-copper prospect.

Executive Commentary on Exploration Activity


We continue to develop new drill targets at our Norseman project as we move along strike from the 17Mt Callisto deposit. Our belief in the prospectivity of the region remains as strong as ever. The compelling reason for our conviction is because one of the best places to look for new deposits is close to known deposits on ground that has had minimal previous exploration. Drill planning for our next program is now in the advanced stages with drilling scheduled to commence in mid-August.

Summary of Exploration Activity Results


Galileo Mining's identification of a strong 16,000S electro-magnetic (EM) conductor beneath recent drill hole NRC493 has revealed a new target for the upcoming drill program, scheduled to commence in August. The modelled conductor, in-line with an induced polarisation (IP) geophysical anomaly, indicates a geological contact zone prospective for PGE-nickel-copper mineralisation. The ongoing target generation work aims to deliver further targets for drilling over the 20km of strike surrounding the Callisto deposit and the 12km of strike at the Mission Sill PGE-nickel-copper prospect. The company's ambitions include systematically looking for Callisto style mineralisation within their significant 255km2 Norseman tenement package, with the drill planning for the next program in advanced stages. The executive commentary emphasizes the strong belief in the prospectivity of the region and the opportunity to explore ground with minimal previous exploration, further supporting the company's commitment to potential new discoveries in the region.

GALILEO MINING LTD
GAL | ASX | Materials
0.1550(+0%)
At close 29/10 (AEDT)
Market cap
$30.6M
Volume
50,084
DY Yield
PE Ratio
7.75
52 Week Range
0.12 - 0.335
1YR Return
N / A

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