Investing News NetworkAUSTRALIA
Galileo Mining Ltd (ASX: GAL, "Galileo" or the "Company") is pleased to announce aircore drilling has intersected massive sulphide at the Company's 100% owned Norseman project located within the Kambalda nickel belt of Western Australia.
Highlights
- Aircore drill hole NAC105 has intersected massive sulphide in end of hole drill chips on the margin of a large ultramafic intrusion
- Handheld XRF readings indicate minor amounts of nickel and copper. Palladium, platinum, and gold results will require laboratory assay
- Massive sulphide intercept at shallow depth significantly increasestheprospectivityofGalileo'sprojectareaforpalladium and nickel
- Aircore drilling unable to substantially penetrate massive sulphide and follow up EM surveying and RC drilling required
- Approximately4,000metrescompletedofaplanned10,000metre aircore program with drilling ongoing
Figure 1 – Massive sulphide chip (25mm across) from 60m in NAC105.
Bottom of hole sample pile on right. Drillhole was unable to breakthrough sulphide
Galileo's Managing Director Brad Underwood commented;
"Hitting massive sulphide in an aircore drill program is an exceptional result. Although the portable XRF measurements show minor amounts of nickel and copper, the overall context of the mineralisation is incredibly prospective. The sulphide occurs on the margin of a large ultramafic intrusion in the exact setting where mineral deposits can occur. Further to that, the sulphide is just 52 metres below surface (60m downhole) and with the prospective unit under a clay/alluvium cover which means the target is blind at surface.
Samples have been submitted to the laboratory for chemical analysis which will include palladium, platinum, and gold assays. Meanwhile the aircore drill program continues and is expected to be completed over the coming weeks.
Follow up work on the massive sulphide prospect will include EM surveying to define the orientation of the target prior to RC drill testing which is planned for 2022."
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