GAL Drilling Tomorrow – Accelerating in Fraser Range Race to Catch $440M LEG There are three companies to keep an eye on in the Fraser Range right now. One is the $2.6BN Independence Group (ASX: IGO) – owner of the Nova nickel mine. The second is Legend Mining Ltd (ASX: LEG) – now valued at over $400M, its share price has risen from 4c in December to as high as 21.5c in April – that’s a gain of over 430% over five months. The third company is Galileo Mining (ASX: GAL), capped at $32M, it is the smallest right now, but the company we think has the highest leverage to upside. GAL is at an earlier stage to LEG but has striking similarities to LEG just a few months ago. GAL has the same major shareholder as LEG – prospector Mark Creasy who first discovered Nova and made a fortune, and still has a significant stake in IGO. Mr Creasy looks to have picked up the quality ground in the Fraser Range early, and has been steadily funding the exploration of that ground on the ASX via LEG, IGO, and GAL. GAL’s ground is along strike from LEG’s Mawson prospect. GAL has just raised an oversubscribed $5M funding round (adding to the $4.8M it held at the end of March). IGO has taken a cornerstone position in this placement and will emerge with 8.9% of GAL. GAL just doubled its diamond drilling programme from 4,000m to 8,000m to accelerate its exploration. With over two kilometres of untested strike length it’s exploring for mineralisation similar to Nova-style nickel deposits. And drilling starts tomorrow. GAL is currently capped at just $32M… less than a tenth of the size of LEG. FIND OUT MORE S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Conflict of Interest Notice S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article. CUSTOMER NOTICE | PRIVACY POLICY | FINANCIAL SERVICES GUIDE | DISCLOSURE POLICY Level 5, 533 Little Lonsdale St, Melbourne, Victoria, 3000, AUSTRALIA UNSUBSCRIBE VIEW MORE NEXT INVESTORS CATEGORIES Is this the reason for the jump in price?