- Galileo Mining (GAL) discovers new mineralised zones at the Callisto discovery within its Norseman project in Western Australia
- New drill results have highlighted a new sulphide zone with grades of up to 3.91 grams per tonne (g/t) 3E, 0.65 per cent copper and 0.48 per cent nickel
- The company also identified a shallow mineralised intrusion 250 metres north of Callisto, adding to Callisto’s mineralised footprint
- Galileo is waiting on further assays while advancing diamond drilling to target high-grade sulphide zones
- GAL shares are up 4.68 per cent to 89.5 cents at 10:42 am AEDT
Galileo Mining (GAL) has discovered some new mineralised zones at the Callisto discovery within its Norseman project in Western Australia.
The company has received some fresh drill results, with one hole, NRCD292, highlighting a new mineralised zone hosting high grades of up 3.91 grams per tonne (g/t) 3E (palladium, platinum and gold).
Assays include 10 metres at 2.19 g/t 3E, 0.27 per cent copper and 0.23 per cent nickel from 279 metres, including three metres at 3.91 g/t 3E, 0.65 per cent copper and 0.48 per cent nickel from 280 metres.
Galileo also identified a new shallow mineralised intrusion 250 metres north of Callisto that returned an intercept of 24 metres at 0.29 g/t 3E, 0.03 per cent copper and 0.1 per cent nickel from 60 metres.
Managing Director Brad Underwood said the assay results had expanded the mineralised footprint at Callisto and showcased its “considerable opportunity for growth”.
“The drill result from NRCD292 is from a new sulphide zone in the same geological position as the original discovery, and our working model is one of multiple mineralised zones in the area,” Mr Underwood said.
“This idea is further confirmed by the identification of a new intrusion 250 metres north of the Callisto discovery. At this location, we are seeing disseminated sulphides with the same pattern of metal distribution and the same host rocks.”
Assays are pending for 14 holes, and the company is continuing with diamond drilling to target high-grade sulphide zones looking for a possible source of the Callisto discovery to the east.
GAL shares were up 4.68 per cent to 89.5 cents at 10:42 am AEDT.