Nickel explorer Galileo Mining has kicked off its first diamond core drilling program in Western Australia’s highly prospective Fraser Range belt.
The drilling will take place at nickel and gold targets – Empire Rose and Yardilla South prospects – and consist of approximately 600m of RC pre-collars and 600m of diamond core tails.
Three initial holes have been planned with more work to be undertaken as results dictate. Both the Empire Rose and Yardilla South Prospects are well developed targets where initial shallow drilling, geophysical surveying, and geochemistry suggests potential for economic mineralisation at depths between 150m and 250m below surface.
“We are excited to begin our first diamond drilling campaign in the Fraser Range. Galileo Mining Managing Director Brad Underwood said.
“The Fraser Range is a fast developing mineralised province and we hope to make a discovery with the drilling we have planned.”
The first shallow aircore drilling at Empire Rose was completed in October 2018. Since that time Galileo has built the prospect up to a target testing status.
Electro-Magnetic (EM) and Induced Polarisation (IP) geophysical surveys have indicated a conductive and chargeable zone approximately 250m below surface that may be related to an economic sulphide deposit.
Shallow aircore drilling has also shown that rock types with the potential to host magmatic nickel-sulphide mineralisation exist in the area.
Yardilla South is a gold prospect that was identified by historic drilling. Historic shallow RC holes showed a geochemical anomalous zone above an untested geophysical IP target that may represent sulphide mineralisation in a Banded Iron Formation host rock.
The Empire Rose and Yardilla South Prospects occur only 30km from the operating Nova nickel mine and approximately 100km east of the town of Norseman along the Eyre Highway
Shares in Galileo were trading at 11.5c on Monday.
