GAL 2.56% 19.0¢ galileo mining ltd

Ann: New Nickel Sulphide Zone Discovered North of Callisto, page-35

  1. 1,584 Posts.
    lightbulb Created with Sketch. 3813
    Hi punter102,
    As we know, the Ni% vs Pd g/t correlation (R2 = 0.95) is importantly based on laboratory assays and is therefore predictable. Just reiterating, the visual estimates of % sulphides in the field made by the onsite geologists looking at the RC rock chips and DD diamond core, can be very subjective and their observations do not necessarily always align with the lab. assays % sulphides. In my view, this became apparent in the initial holes drilled by GSR/CNJ where the field observations of % sulphide were optimistic when later compared with the lab. assayed % sulphides.

    Congratulations to the GAL team for finding nickel sulphides well north of the initial Callisto discovery. Wishing you the best with the lab. assays. I'll update the plot below when GAL's new assays are released to the market. If you get lab. assays for Ni % in the 0.3 - 0.5 range, you can see where the Pd (g/t) results will plot. Good luck.

    https://hotcopper.com.au/data/attachments/4740/4740534-7a4e08cb9bd7c1c772947e5738371503.jpg
    Kind regards OldGeo
 
watchlist Created with Sketch. Add GAL (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
-0.005(2.56%)
Mkt cap ! $37.54M
Open High Low Value Volume
19.0¢ 19.0¢ 19.0¢ $14.95K 78.69K

Buyers (Bids)

No. Vol. Price($)
3 19832 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 24566 3
View Market Depth
Last trade - 12.52pm 11/07/2024 (20 minute delay) ?
GAL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.