Coming on BLZ you can it too:On the 11th of May, Galileo Mining...

Coming on BLZ you can it too:

On the 11th of May, Galileo Mining (ASX:GAL) announced an assay result from one of six drill holes that revealed a major palladium discovery at its Norseman Project in WA.

The market promptly went nuts, sending GAL’s share price from 20c to as high as $1.33. After patiently holding GAL for over two years, we are extremely pleased with this result.

Today GAL announced that the assays of the remaining five drill holes have confirmed that the grade and width of mineralisation at the discovery is increasing towards the east and to the north.

All of today’s results exceeded our pre-discovery “excellent” expectation of 1.0g/t and indicate the potential for a large mineralised system.

These assay results are out earlier than expected and GAL has also revealed that the next drill campaign has been brought forward to start late next week.

GAL says the forward plan is to now focus drilling east where it looks to us like the grade and width is trending higher with some more holes to the north too.