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home / news releases / GAL - Galileo Mining looking to repeat exploration success at Callisto


GAL - Galileo Mining looking to repeat exploration success at Callisto

(NewsDirect)

Galileo Mining Ltd(ASX:GAL, OTC:GLMGF) managing director Brad Underwood runs Proactivethrough the highlights of the company’s June quarter. The primaryfocus during the period was ongoing diamond drilling campaign at theCallisto discovery. He says the company hopes to repeat the successseen at Callisto and, with multiple high-quality targets for testing,GAL is excited to be working within a newly discoverednickel-palladium district.

“It has been yet another busy quarter as weprogressed with our drilling campaign at Callisto to fully understandthe extent of the discovery. Drilling advanced to the north with assayresults from drilling 600 metres north of Callisto revealing a newzone of platinum group element (PGE) enrichment,” Underwoodsaid.

“This wasa major result as the assays showed the discovery of a new type ofrock containing palladium and platinum that is separate and uniquefrom the rock which hosts Callisto. These results confirm the PGEenrichment at Callisto is not restricted to one rock unit, or onemineralisation style, and illustrates the opportunity for furtherdiscoveries within the five kilometres of ground along strike to thenorth.

“Meanwhile, we have recentlykicked off our highly anticipated RC drilling campaign at theJimberlana and Mission Sill prospects where previous aircore drillingand geophysical surveying have defined high-quality targets fortesting.”

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

Jonathan@proactiveinvestors.com

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Stock Information

Company Name: SPDR SSgA Global Allocation
Stock Symbol: GAL
Market: NYSE

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