The Pick News

Galileo rapidly progressing new target zones at Norseman

Written by Colin Hay | Feb 27, 2024 1:42:29 AM

Galileo Mining Ltd (ASX: GAL) continues to expand the upside potential at the company’s 100% owned Norseman project in Western Australia with high powered Induced Polarisation (IP) geophysical surveys now completed on three of 12 planned lines at the North Callisto prospect.

“Work at our Norseman Project has been moving quickly over the last month as we continue to undertake extensive geophysical surveys and field mapping programmes,” Managing Director Brad Underwood said.

“The first three lines of our 2024 IP survey programme at North Callisto have been completed with a further nine lines planned. These IP lines are critical for the development of drill targets which will be tested in our planned April RC drill campaign.”

Field mapping of the South Callisto and Mission Sill prospects is nearly finished with geological maps to be produced over the next month. The geological maps will guide IP surveying and subsequent drilling at these prospects later in 2024.

The breakthrough discovery of 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.

“With $10.4 million in cash and as the discoverer of a new deposit, Galileo has a unique first mover position to aggressively explore the area for new high value resources.

“We are very excited to be exploring within such a prospective region of Western

Australia with its long history of exploration and mining successes,” Mr Underwood said.