- Galileo Mining (GAL) has recorded increasing palladium, nickel and copper grades at its Callisto discovery in Western Australia
- On-going drilling at the discovery, within GAL’s Norseman project, returned palladium grades up to 7.06 grams per tonne over one metre within a 33 metre intersection
- Additionally, Galileo recorded its highest individual grades of copper and gold over one metre to date
- The company interprets the Callisto rock unit originates to the east and plans to carry out further diamond drilling here in mid-January
- Shares in Galileo were up 7.93 per cent, trading at 88.5 cents at 10:55 am AEDT
Galileo Mining (GAL) has recorded increasing palladium, nickel and copper grades at its Callisto discovery in Western Australia.
Ongoing drilling at the discovery area, within the company’s Norseman project, returned palladium grades up to 7.06 grams per tonne (g/t) over one metre within a 33 metre intersection.
Additionally, Galileo recorded its highest individual grades of copper and gold over one metre to date, with just over five g/t 3E (2.62 g/t palladium, 0.57 g/t platinum, 1.82 g/t gold), 1.96 per cent copper, and 1.19 per cent nickel within a 32 metre intersection.
Galileo’s Managing Director Brad Underwood said the copper and gold grades recorded to date indicate the company is yet to understand the full potential of the geological system.
“Geological interpretation suggests that the Callisto rock unit originated further to the east and that the ultimate source of mineralisation may yet be discovered at this location,” Mr Underwood said.
Given this interpretation, diamond drilling is scheduled to resume mid-January, targeting high grade palladium-nickel-copper zones to the east of the current mineralisation.
Galileo has also begun an initial metallurgical program with flotation testing to determine recoveries of the key metals – palladium, nickel, copper, platinum, rhodium, and gold, results are expected in the first quarter of 2023.
Meanwhile, the company is awaiting assay results for more than 15 reverse circulation and diamond drill holes.
Shares in Galileo were up 7.93 per cent, trading at 88.5 cents at 10:55 am AEDT.