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Galileo returns more high-grade cobalt - The Pick Online Magazine

Written by Staff Writer | Aug 29, 2018 12:29:32 PM

Cobalt explorer Galileo Mining has confirmed high-grade hits of the in-demand battery metal from a new exploration zone at its Norseman project, in Western Australia’s Goldfields-Esperance region.

The impressive cobalt result includes assays as high as 3m @ 0.38% Co from 18m.

Galileo holds an existing JORC Resource at the Norseman project, however the latest hits come from its Goblin prospect which is 3 kilometres outside the main resource.

The prospector will be further encouraged by the similar geology at Goblin, raising the prospect of a connected ore body.

Additionally, drilling returned shallow results, with cobalt intercepted at depths between 12 and 60 metres below surface.

Galileo Managing Director Brad Underwood said the results from the first round of exploration drilling supported the prospect of additional cobalt resources at Norseman.

Our first exploration drilling program at Norseman has demonstrated that significant zones of cobalt mineralisation exist outside of our current JORC resources.

“These first results are a good indication that further discoveries may exist at our Norseman Cobalt Project. With our second exploration drilling program due to begin in early September we hope to deliver more positive results over the coming months.” Mr Underwood said.

Galileo has signified that its next round of exploration will include a combination of infill drilling at Goblin as well as new drilling at the Mission Sill prospect.

The second round of RC drilling is scheduled to commence on the 4th of September with results from this program tipped to be announced in early October.