Anomalous nickel and copper results have been returned from aircore drilling at Galileo Mining’s Fraser Range drilling campaign.
Aircore drilling at the Lantern prospect has returned best assay results of 21m at 0.05% nickel and 0.04% copper from 63m, 16m at 0.06% nickel and 0.02% copper from 63m and 6m at 0.04% nickel and 0.05% copper from 63m.
Assays were from the first 14 drill holes completed at the Lantern prospect which were drilled on a 200m spacing with a 50-metre spacing around the zone of interest.
Galileo Managing Director Brad Underwood said that to intersect anomalous nickel and copper from the first line of drilling ever undertaken at the Lantern Prospect was a good sign.
The Lantern Prospect has not previously been explored due to the shallow cover in the area. Galileo has been fortunate to hit anomalous nickel and copper in the first drill line given the scale of the target which covers an area over four square kilometres in size,” he said.
“This is an encouraging sign of the potential for the Lantern Prospect to contain economic mineralisation at shallow depths. Cover rock in the area is approximately 60 metres deep which prevents any surface sign of mineralisation. However, 60m is relatively shallow for modern exploration and mining methods.”
Drilling is continuing at the Lantern Prospect with a further 3,000 metres of first pass aircore drilling planned for this phase of exploration.
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