GAL 3.57% 13.5¢ galileo mining ltd

Ann: Priority Drilling to begin next week at the Lantern Prospect, page-16

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  1. 8,397 Posts.
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    While it would have been nice to have a DHEM anomaly close by, it doesn't invalidate the intrusion from hosting a significant deposit. DHEM will only penetrate so far, a couple 100 meters at best and won't pick up disseminated or semi-massive mineralisation.

    GAL have proven the right rocks are there, hence, commencement of 4kms of AC drilling. This will test fresh rock, I expect many hits with this program, then RC and hopefully that big DHEM pointing to massive sulphides.

    GAL have never thrown money around for nothing, Creasy wouldn't allow it. Immediately going hard at this one intrusion means they think they have very good prospects of finding a nickel deposit and I'm down for that.
 
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