Ann: Mt Thirsty Geological Review, page-33

NPV $712 mill bucks with further upside!
massive upside with more elements?
next couple of weeks will be interesting

Geological review underway at Mt Thirsty following recent discovery by Galileo Mining Ltd (ASX:GAL) Galileo’s Callisto discovery only 200 metres from northern tenement boundary held by the MTJV Continuity of the prospective mineralised horizon onto MTJV tenure supported by lithology & geophysics  Prospective mineralised horizon remains untested with a further 1.5km extending onto MTJV tenure Program of Work application underway with DMIRS to support maiden 2,000 metre drill campaign Maiden drill campaign expected to begin within the next 6-8 weeks, and taking 4 weeks to complete Broader regional geological review underway assessing nickel sulphide and LCT pegmatite potential Review of options to support the next development phase of the existing Mt Thirsty resource continueso Previously released PFS completed during a period of subdued commodity prices1o Under recent spot pricing the project would generate a pre-tax NPV 8% of $712 million1