GAL - Galileo Mining says maiden Callisto resource marks new province
(NewsDirect)
Galileo Mining Ltd(ASX:GAL, OTC:GLMGF) MD Brad Underwood speaks with Proactive afterreleasing an inaugural mineral resource estimate (MRE) for theCallisto deposit, part of its wholly-owned Norseman project in WesternAustralia. The palladium-gold-nickel-copper Callisto discovery is thefirst 'Platreef' deposit identified in Australia, named for astyle of mineralisation analogous to the renowned Platreef depositsfound in South Africa. This groundbreaking development propels theNorseman project into the spotlight as a cornerstone asset withsignificant potential for Galileo and the industry at large.
Underwood said:“Galileo’s discovery of the Callisto deposit has been a majorbreakthrough in understanding the geology and prospectivity at ourNorseman project.
“We have now defined a significant resource from a total of147 drill holes (38,695 metres) within an established mining districtof Western Australia.
“The discovery occurs on a granted mining lease just 15kilometres from the town of Norseman and with extensive nearbyinfrastructure including gas pipeline, water pipeline, railway, andsealed highway."
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Proactive Investors
JonathanJackson
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Jonathan@proactiveinvestors.com
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