Galileo Mining Ltd. (AU:GAL) has released an update.
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Galileo Mining Ltd. has successfully completed a joint venture agreement with Mineral Resources Limited, securing a $5 million payment for lithium exploration rights at their Norseman project. This cash boost, part of a larger $7.5 million deal, enables Galileo to advance extensive nickel, PGE, and gold exploration. Recent drilling has revealed promising zones of palladium and platinum, with follow-up drilling scheduled for August 2024.
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