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General mining & base metals

Galileo Mining confirms nickel-copper-cobalt-palladium prospectivity of Norseman EM conductors

“The scale of the targets is very encouraging with potential for the development of significant magmatic nickel-copper-cobalt-palladium at a number of locations. Standout areas of interest are currently the conductive EM anomalies which are

Galileo Mining Ltd (ASX:GAL) has confirmed the prospectivity of multiple electromagnetic (EM) conductors at the Norseman Project in Western Australia with highly anomalous nickel-copper-cobalt-palladium mineralisation revealed in assays.

Some of these results originate from a point up-dip from the Jimberlana EM conductor dubbed ‘J1’, and provide strong support for a new drill target at shallow depth:

  • 12 metres at 0.13% nickel, 0.11% copper, 0.01% cobalt and 0.12 g/t palladium from 8 metres in NAC068; and
  • 5 metres at 0.15% nickel, 0.11% copper, 0.02% cobalt and 0.11 g/t palladium from 24 metres also in NAC068.

Holes adjacent to the same J1 conductor returned:

  • 16 metres at 0.15% nickel, 0.10% copper, 0.01% cobalt and 0.20 g/t palladium from surface in NAC066; and
  • 11 metres at 0.22% nickel, 0.05% copper, 0.02% cobalt and 0.14 g/t palladium from 16 metres in NAC076.

A second new drill target was identified 400 metres east of J1, with a notable bottom-of-hole assay of 1-metre at 0.19% nickel, 0.13% copper, 0.16% cobalt and 31 parts per billion (ppb) palladium from 49 metres.

Similarly, a third target 500 metres to the west of a previously reported massive sulphide intersection included 1-metre at 0.39% nickel, 0.17% copper, 0.03% cobalt and 73ppb palladium from 38 metres in bottom of hole.

“Very encouraging” target size

“Momentum continues to build at our Norseman project with aircore drill assays showing we have nickel-copper-cobalt-palladium close to previously reported highly conductive EM targets at the Jimberlana prospect,” Galileo Mining managing director Brad Underwood said.

“The range of targets also continues to expand with the identification of new anomalies up to 500 metres away from known massive sulphide mineralisation.

“The scale of the targets is very encouraging with potential for the development of significant magmatic nickel-copper-cobalt-palladium at a number of locations.

“Standout areas of interest are currently the conductive EM anomalies which are well supported by the latest aircore drill results.

“These are modelled to start between 20 and 80 metres below surface and are easily tested with reverse circulation (RC) drilling.

“We have additional aircore drill results due to be received from the laboratory over the coming weeks. With the results in hand, and those to come, we expect to be very busy at our Norseman and Fraser Range projects over the coming months.

“RC drilling of existing nickel-palladium targets at the Mt Thirsty prospect is planned for April while drill testing of the Jimberlana prospect will be undertaken after the completion of heritage surveys and receipt of statutory approvals.”

About Galileo Mining

Galileo Mining is focused on the exploration and development of nickel, palladium, copper and cobalt resources in Western Australia.

The company has joint ventures with Creasy Group over tenements in the Fraser Range which are highly prospective nickel-copper sulphide deposits similar to the operating Nova mine.

Galileo also holds tenements near Norseman with more than 26,000 tonnes of contained cobalt and 122,000 tonnes of contained nickel in JORC-compliant resources.

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