GAL - Galileo Mining set to drill in April with $10 million in the bank
(NewsDirect)
Galileo Mining Ltd(ASX:GAL) managing director Brad Underwoood sits down withProactive’s Jonathan Jackson to discuss the completion ofhigh-powered induced polarisation (IP) geophysical surveys on three of12 planned lines at the North Callisto prospect within its NorsemanProject in Western Australia. The data is expected to provide drilltargets for the upcoming drill campaign at North Callisto which is setto kick off in April. Meanwhile, IP surveying will continue for thenext few months over the project’s underexplored South Callisto andMission Sill prospects, aiming to identify undercover sulphidedeposits. With $10.4 million in cash in the bank, Galileo is very wellfunded to undertake its upcoming exploration programs.
“Work at our NorsemanProject has been moving quickly over the last month as we continue toundertake extensive geophysical surveys and field mapping programs,Underwood said.
"The breakthrough discovery of the PGE-nickel Callistodeposit in 2022 has opened up the strong possibility of newdiscoveries within our highly prospective 254 square kilometreNorseman land position.
"As the discoverer of a new deposit, Galileo has a uniquefirst mover position to aggressively explore the area for newhigh-value resources and we are very excited to be exploring withinsuch a prospective region of Western Australia with its long historyof exploration and mining successes.”
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
jonathan@proactiveinvestors.com
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