Galileo Mining (ASX:GAL) reports the presence of ‘extensive’ disseminated sulphide mineralisation following a second round of reverse circulation (RC) drilling at the Callisto discovery, as part of its 100%-owned Norseman Project in Western Australia.
The results, generated by 11 RC drill holes (including two pre-collar RC drill holes), have all returned nickel and copper sulphide mineralisation and extend the deposit over 300m across strike to the south and 200m across strike to the north.
Commenting on the results, Galileo Mining Managing Director Brad Underwood, said: “Drilling at our Callisto discovery continues to be successful with every completed drillhole hitting sulphide mineralisation. The results again confirm the consistency of the geology over the target area and all drill samples are now at the laboratory for analyses with assays expected in August.
“Drilling at our Callisto discovery continues to be successful with every completed drillhole”
“Drilling at our Callisto discovery continues to be successful with every completed drill hole hitting sulphide mineralisation.”
A new Program of Works has been approved by the Department of Mines which allows us to complete wide-ranging drill programs along two kilometres of prospective strike length. Preparation for the next round of drilling will now begin and we expect to have RC drilling commencing again in late July, followed by diamond drilling in August.
The drilling to date has demonstrated that the mineralisation occurs 300 metres across strike and gives us confidence in the potential for further mineralisation along strike.
Our recent well-supported capital raise means we are fully funded to undertake the significant amount of drilling required to define a discovery of this nature. We look forward to updating the market with results from this exciting new West Australian discovery.”
The company also notes that mineralisation remains open in all directions and dips further to the east into Galileo’s granted mining lease.
In addition, with mineralisation remaining open within flat lying areas to the west, the company believes that this could lead to possible extensions at relatively shallow depths below surface.
The Norseman Project is located about 10km from the township of Norseman in Western Australia and covers a total land tenure of 306km-square, with all associated tenements being wholly owned by Galileo Mining.
The project currently boasts a cobalt-nickel JORC Mineral Resource Estimate and additional prospects that deliver potential for copper, nickel and cobalt mineralisation, including a near surface laterite deposit that contains over 122,000 tonnes of contained nickel.
With all second-round drilling now complete, Galileo Mining announces that it will move forward with the next round of RC drilling that is expected to commence in late July, with additional diamond drilling planned for August this year.
Assays from the recently completed RC drilling are expected in August this year.
Images: Galileo Mining Ltd
