Galileo Mining launches 2024 exploration with focus on making fresh discoveries

Proactive Investors

Published Jan 23, 2024 10:15

Updated Jan 23, 2024 10:30

Galileo Mining launches 2024 exploration with focus on making fresh discoveries

Galileo Mining Ltd (ASX:GAL, OTC:GLMGF) has launched its 2024 exploration program at its 100%-owned Norseman project in Western Australia.

Field preparations for a geophysical induced polarisation (IP) survey have commenced, with a survey crew scheduled to arrive on-site at the project in early February.

IP geophysical surveying is used to help detect buried disseminated sulphide mineralisation, similar to the Callisto palladium-nickel-copper deposit.

The immediate priority at Norseman is to target the North Callisto sulphide trend which is just three kilometres along strike from the Callisto deposit while exploration is also planned for the Jimberlana prospect.

"Promising region"

Galileo managing director Brad Underwood said, “Exploration at our Norseman project is continuing with a strong focus on making fresh discoveries within a newly recognised mineral district.

“Following the breakthrough discovery of the Callisto deposit in 2022 we are excited to be exploring such a promising region with amazing opportunities for further successes.

"Galileo is well funded to undertake its planned exploration activities and we look forward to delivering more results from this highly prospective tenement package.”

Callisto deposit

As the Callisto deposit is contained in a large mafic-ultramafic intrusion, it presents potential for the discovery of further mineralised intrusions along strike to the north and south, and at the adjacent Mission Sill prospect.

IP surveying at North Callisto has been prioritised to develop drill targets along the identified prospective zone. Further IP surveying has also been planned over the remainder of the 20 kilometres of strike around the Callisto deposit and the 12 kilometres of prospective strike length at the Mission Sill prospect.

Reverse circulation (RC) drilling completed in December at the West Callisto and North Callisto prospects confirmed sulphides with mineralised assays, including:

  • 32 metres at 0.19 g/t 3E (palladium + platinum + gold), 0.02% copper and 0.10% nickel from 92 metres (at West Callisto).
  • 16 metres at 0.22 g/t 3E, 0.05% copper and 0.10% nickel from 148 metres (at North Callisto).

Prospective ultramafic-mafic sill complexes at Galileo’s Norseman Project. 20km of strike around the Callisto Deposit and 12km of strike around the Mission Sill prospect. IP surveying in 2024 is planned to cover the full extent of the prospective stratigraphy.

Jimberlana target

Drilling by Galileo has intersected wide zones of anomalous PGE-nickel-copper sulphide at the Jimberlana South prospect. Follow-up drilling completed in December extended the known area of sulphide mineralisation, which is open in all directions.

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The RC drilling at the Jimberlana South prospect in December highlighted widespread sulphide zones, including:

  • 24 metres at 0.21 g/t 3E, 0.15% copper, and 0.15% nickel from 36 metres, and
  • 16 metres at 0.38 g/t 3E, 0.18% copper, and 0.05% nickel from 152 metres.

Galileo intends to further drill test the prospective sulphide target zone to determine whether there are higher grade sulphide zones along strike or at depth.

Looking ahead to extensive drilling

In addition to the upcoming IP surveys, the company has planned field mapping, environmental surveys and heritage surveys for February/March in preparation for extensive 2024 drilling programs.

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