Galileo Mining Ltd (ASX: GAL) has intersected disseminated nickel sulphide mineralisation up to 51 metres thick in four RC drill holes completed 400 m north of the Callisto palladium- platinum-gold-rhodium-nickel-copper discovery within the company’s 100% owned Norseman project in Western Australia.
Portable XRF analyses has confirmed the presence of nickel sulphide with laboratory assays required to determine whether palladium/platinum and other metals are present.
Hole NRC346 contains the most abundant disseminated sulphide in a shallow zone starting at just 82 m below surface
Samples from this new zone have been submitted to the laboratory with first assays expected in approximately five weeks
The company says the new results confirm Galileo’s geological model that the five kilometres of ground to the north of Callisto is highly prospective for new discoveries
RC and diamond drilling continues at Callisto with the diamond rig drilling out mineralisation down dip of the discovery and the RC rig testing for new discoveries to the north.
RC drilling north of Callisto has identified a new zone of disseminated nickel sulphide in the first exploration drill programme in the area since the discovery at Callisto defined the prospective geological unit on Galileo’s ground,” Managing Director, Brad Underwood, said.
“Our target generation model suggested that the five kilometres north of Callisto are the most prospective and these early drill results strongly support this concept.
“With 278 sq. km of tenements in the Norseman project we continue to believe that Galileo has all of the most prospective ground in this newly established mineral domain.
“To date we have undertaken scout RC drilling up to 500 metres north of Callisto with plans to extend this to 1,000 metres in the current program. The recent approval of proposed drill programs from the Department of Mines now allows for systematic drilling of the prospective geological horizons up to 3.5km north. At the same time the diamond drill rig continues to drill down dip of Callisto where the mineralisation is interpreted to continue into Galileo’s tenements.
“With no known outcrop, and over five kilometres of prospective strike, we consider that a significant opportunity exists for additional discoveries at shallow depths. We are very excited to be rapidly progressing this new discovery and look forward to updating the market as results become available.”
Samples from the new zone of nickel sulphide have been submitted to the laboratory with first results expected in approximately five weeks. Exploration RC drilling will meanwhile continue to the north, targeting the interpreted prospective geological horizons on Galileo’s tenements.
