Galileo Mining (ASX : GAL) has delivered high grade cobalt hits from shallow drilling at its Norseman project in Western Australia.
Eight diamond core holes totalling 376.5m were drilled to vertical depths ranging between 26m and 85m within the Norseman cobalt resource.
Diamond drilling for metallurgical samples within the known JORC resource confirmed the high-grade nature of the cobalt mineralisation with cobalt grades up to 1.1% intersected at shallow depths.
Drilling intercepted 7m at 0.42% cobalt and 1.08% nickel from 13m including 1m at 1.1% cobalt and 1.71% nickel from 16 metres, 11 metres at 0.20% cobalt and 0.98% nickel from 31 metres and 29 metres at 0.20% cobalt and 0.76% nickel from 22 metres.
According to Galileo, the results confirm thick zones of high grade cobalt mineralisation within the Norseman project resource.
Galileo Managing Director Brad Underwood said the successful completion of diamond drilling had provided the company with high quality samples to undertake further metallurgical test work.
The diamond drilling has reinforced the unique high grades of our cobalt mineralisation with over 1% cobalt recorded in some samples.” Mr Underwood said.
“Our recent test work demonstrated significant cobalt upgrade from 0.1% to 0.28%(2) through conventional processing and we will continue to focus on beneficiation to maximise the value of the potential cobalt product.”
“Ore concentration is a successful business model used in lithium mining and, if successful with our cobalt resource, could dramatically reduce the capital expenditure required for mine development as well as bringing forward the production and revenue timeframes,” Mr Underwood added.
Shares in Galileo were trading Monday at 27c.
