Update on field activities at Norseman project

Galileo Mining Ltd (ASX: $GAL) is rapidly progressing field surveys and mapping programs at the Callisto deposit, part of the Company's 100% owned Norseman project in Western Australia. The completion of high powered Induced Polarisation (IP) geophysical surveys on three of twelve planned lines at the North Callisto prospect has provided crucial data for the development of drill targets for the upcoming April drill campaign. The Company is also nearing completion of field mapping at the South Callisto and Mission Sill prospects, aiming to identify undercover sulphide deposits and generate new drill targets.

Managing Director's Commentary on Field Activities

Work at our Norseman Project has been moving quickly over the last month as we continue to undertake extensive geophysical surveys and field mapping programs. The first three lines of our 2024 IP survey program at North Callisto have been completed with a further nine lines planned. These IP lines are critical for the development of drill targets which will be tested in our planned April RC drill campaign. Field mapping of the South Callisto and Mission Sill prospects is nearly finished with geological maps to be produced over the next month. The breakthrough discovery of PGE-nickel Callisto deposit in 2022 has opened up the strong possibility of new discoveries within our highly prospective 254 square kilometre Norseman land position. As the discoverer of a new deposit, Galileo has a unique first mover position to aggressively explore the area for new high value resources. And with $10.4 million in cash, we are very well funded to undertake upcoming exploration programs. We are very excited to be exploring within such a prospective region of Western Australia with its long history of exploration and mining successes.

Summary of Field Activities and Outlook

Galileo Mining Ltd (ASX: $GAL) has made significant progress in field activities at the Callisto deposit within the Norseman project, with the completion of IP geophysical surveys and near completion of field mapping at the South Callisto and Mission Sill prospects. The data obtained from these activities will guide the development of drill targets for the upcoming April RC drill campaign and subsequent drilling later in 2024. The Company's unique first mover position following the discovery of the PGE-nickel Callisto deposit in 2022 presents an opportunity for aggressive exploration and potential discovery of new high value resources within the highly prospective Norseman land position. With ample funding of $10.4 million, Galileo is well positioned to pursue its upcoming exploration programs and capitalize on the region's historical exploration and mining successes.