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Staff Writer

Galileo Mining Ltd (ASX: GAL) has identified over eight km of palladium and platinum strike from aircore drilling at the company’s 100% owned Norseman project in Western Australia.

Laboratory results from the aircore drilling campaign at the Norseman project’s Mission Sill prospect have been received with further assay results expected over the coming weeks.

“Positive palladium and platinum results continue to arrive from our Norseman project with the latest assays showing we have a new target for follow up drill testing. Six out of seven holes drilled on a single line returned significant results with maximum grades of four metres at 0.69 g/t 2E (palladium plus platinum).

“The location of palladium and platinum in the Mission Sill area is focussed on a geological boundary which has now been defined over eight kilometres of strike. Drill intercepts to date provide a strong basis for follow up RC drill programs with the aim of locating potentially economic mineralisation. Further aircore drilling is also required to assess the prospective zones which have never been drilled. With multiple drill programs planned over the coming months we are anticipating a strong news flow as we pursue these high value exploration targets.”

Following on from Galileo’s recent announcement of multiple significant palladium intercepts at the southern end of the Mission Sill prospect, laboratory assays have now been received from drilling completed along the same prospective contact zone at the northern end of the Mission Sill.

The location of the latest aircore results extends the known strike length of anomalous palladium and platinum to over eight kilometres. Four kilometres of this target strike length has not yet been subject to first pass aircore drilling while potential also exists further to the north of the current results.

The best results were obtained from aircore drill hole NAC160 which occurs at the interpreted contact between ultramafic and mafic rock. The drill line is a few hundred metres north of the east-west trending Jimberlana Dyke which itself is prospective for palladium and base metals as evidenced by massive sulphide intersected in aircore drilling. The area of interaction between the Jimberlana Dyke and Mission Sill is a priority exploration target for upcoming work programmes.

Six contiguous drill holes, with a drill spacing of 50 metres on the section line, returned anomalous palladium results greater than 0.1 g/t Pd. Most assays were received from four metre composite samples with three, two or one metre samples used where required.

Mission Sill has four kilometres of untested strike length with no drilling. This unexplored contact position will be targeted with first pass aircore drilling and follow up RC drill testing.

RC drilling of palladium-nickel targets at the Mt Thirsty prospect (follow up of drill results including 27m @ 0.58g/t Pd, 0.12 g/t Pt, 0.13% Cu and 0.18% Ni) (is planned for April while additional drill testing of the Jimberlana and Mission Sill prospects will be undertaken after the completion of heritage surveys and receipt of statutory approvals.

http://www.galileomining.com.au/

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