Galileo Mining set to drill in April with $10 million in the bank
–News Direct–
Galileo Mining Ltd (ASX:GAL) managing director Brad Underwoood sits down with Proactives Jonathan Jackson to discuss the completion of high-powered induced polarisation (IP) geophysical surveys on three of 12 planned lines at the North Callisto prospect within its Norseman Project in Western Australia. The data is expected to provide drill targets for the upcoming drill campaign at North Callisto which is set to kick off in April. Meanwhile, IP surveying will continue for the next few months over the projects underexplored South Callisto and Mission Sill prospects, aiming to identify undercover sulphide deposits. With $10.4 million in cash in the bank, Galileo is very well funded to undertake its upcoming exploration programs.
Work at our Norseman Project has been moving quickly over the last month as we continue to undertake extensive geophysical surveys and field mapping programs, Underwood said.
"The breakthrough discovery of the PGE-nickel Callisto deposit in 2022 has opened up the strong possibility of new discoveries within our highly prospective 254 square kilometre Norseman land position.
"As the discoverer of a new deposit, Galileo has a unique first mover position to aggressively explore the area for new high-value resources and we are very excited to be exploring within such a prospective region of Western Australia with its long history of exploration and mining successes.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
View source version on newsdirect.com: https://newsdirect.com/news/galileo-mining-set-to-drill-in-april-with-10-million-in-the-bank-120291859
GALILEO MINING LTD
COMTEX_448440378/2655/2024-02-27T15:34:36
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