Galileo Mining Ltd (ASX:GAL) Reports Significant PGE Drill Results
Assay Highlights
Galileo Mining Ltd (ASX: GAL) announces significant assay results from recent aircore drilling at the Norseman project in Western Australia. Drill results from the Mission Sill prospect include multiple thick zones of anomalous Platinum Group Elements (PGE). Notable results include 32m at 0.44 g/t 3E from 16m (hole NAC470) and 40m at 0.33 g/t 3E from surface (hole NAC471). Other promising intervals include 8m at 0.54 g/t 3E from 36m (hole NAC479) and 12m at 0.37 g/t 3E from 24m (hole NAC501).
Future Exploration Plans
The Mission Sill prospect, located approximately 8km from the 17.5Mt Callisto resource, has been identified as highly prospective due to its ultramafic host rocks. Following this encouraging drilling campaign, Galileo plans additional sampling of anomalous zones, including rhodium assays to further define mineralisation. A follow-up drilling program is set for Q1 2025, focusing on infilling existing drill lines and exploring the 12km prospective trend at Mission Sill.
Management Insights
Brad Underwood, Managing Director of Galileo Mining, commented on the results: “Assays from the drill campaign at our Mission Sill prospect show widespread palladium and platinum mineralisation. This is an exciting result for the development of the prospect as we continue to explore for new deposits in this fertile and well-established mining region.” He added that further assaying would support more targeted drilling for upcoming programs.
Galileo Mining remains focused on exploration, aiming to identify new resources across its tenement package, with optimism for a successful year of exploration in 2025.
Motley Fool contributor Aaron Shaw has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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