ASX-listed base metal explorer Galileo Mining (ASX:GAL) reports it has intercepted palladium and multi-element mineralisation following diamond drilling (DD) activities at its 100% owned Norseman Project in Western Australia.
The results, generated by 25 diamond drillholes for 3,699m within the project’s hosted Callisto palladium-platinum-gold-rhodium-copper-nickel discovery, demonstrate that the identified palladium (Pd), platinum (Pt), gold (Au), copper (Cu) and nickel (Ni) grades are increasing at depth.
‘Significant’ intercepts from drillhole NRCD279 include, 5m at 3.28g/t 3E (2.64g/t Pd, 0.46g/t Pt, 0.18g/t Au) 0.54% Cu and 0.45% Ni from 265m and 1.77g/t 3E (1.43g/t Pd, 0.27g/t Pt, 0.07g/t Au), 0.31% Cu and 0.28% Ni from 274m.
The increase of Pd-Pt-Au-Cu-Ni grades is reported to be related to a flatter section of the underlying stratigraphy beneath the ultramafic sill which hosts the mineralisation.
Assays for adjacent diamond core drillholes NRCD278 and NRCD280 are currently pending.
Speaking on the results, Galileo Mining’s Managing Director, Brad Underwood said: “The diamond core assays from Callisto are just starting to come in and the results are very encouraging. The first results related to the massive sulphide hit in NRCD293 and today’s announcement is based on the disseminated sulphide lower zone at Callisto where 3E grades show 3g/t were intercepted over a five metre interval.
“The diamond core assays from Callisto are just starting to come in and the results are very encouraging”
As well as higher palladium numbers it is ‘significant’ to note that the platinum, gold, copper and nickel values are also increasing in this new zone.
Much more drilling is required to determine the full extent and grade of palladium and other metals in the Callisto region…we believe that the potential for further success continues to be exceptional.”
Galileo Mining also notes that diamond drilling included three twin core drillholes that were designed for early stage metallurgical test work samples and were conducted on three existing RC drillholes (NRC266, NRC274 AND NRC275).
These holes are expected to be sampled and assayed prior to a selection of core being used for upcoming metallurgical testing.
In addition, it is also reported that the company has discovered disseminated nickel sulphides north of the Callisto discovery following a scout RC drilling program, with assays expected to be returned by early to mid-November from the most prospective holes completed.
Galileo Mining is and ASX-listed company with a focus on the exploration and development of Pd, Ni, Cu and cobalt (Co) resources in Western Australia. The company’s tenements around its Norseman project are highly prospective for Pd-Cu-Ni sulphide deposits as demonstrated by the Callisto discovery.
The Norseman project is located about 10km from the township of Norseman in Western Australia’s Goldfields-Esperance region and currently boasts a total cobalt-nickel JORC Mineral Resource Estimate (MRE) of 25.1Mt at 0.11% Co for 26,600 tonnes with a cut-off of 0.06% and 0.49% Ni for 122,500 tonnes.
With RC and DD rigs continuing to explore on site at the Callisto discovery, Galileo Mining announces that it will move forward with plans to commence its planned metallurgical test work for early December this year.
Images: Galileo Mining Ltd
