Ann: Mt Thirsty Cobalt Nickel Pre Feasibility Study, page-61

HI,

Yesterday, Galileo Mining (GAL) announced that they have found massive sulphide intercepts (at shallow depths), which significantly increases the prospectivity of their Norseman project area. These intercepts show magmatic nickel-copper-cobalt-palladium mineralisation nickel-copper-cobalt-palladium mineralisation.

Here is a link to their announcement:

https://www.asx.com.au/asxpdf/20211201/pdf/453n508gh325q8.pdf

As most of you will know, the CNJ/BAR Mt Thirsty project lies ca. 16 kilometres northwest of GAL's Norseman project area.

Although GAL is only a junior explorer like CNJ (at the moment), if GAL are onto something very large at their Norseman project area, IMHO, it would make a lot of sense if GAL, CNJ and BAR were to pool their mineral resources and develop the area together under some sort of JV arrangement. Given the resultant additional size of such a combined resource, the life of a production facility would probably immediately double, and thus the economic viability of the entire project would be the significantly improved. It goes without saying, that as a result, and together, the chances of GAL, CNJ and BAR obtaining project financing (or attracting a major miner as a JV partner?) would be considerably easier.

Cheers.