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An update from Galileo Mining Ltd. ( (AU:GAL) ) is now available.
Galileo Mining Ltd has commenced a large-scale geophysical gravity survey at its Norseman project, aiming to enhance the understanding of geological structures related to palladium-gold-platinum mineralization. The survey is expected to conclude in November, with results anticipated by December or January. This initiative follows the discovery of the 17.5 Mt Callisto PGE-nickel-copper deposit in 2022, highlighting the area’s untapped potential. The company is also preparing for a follow-up drilling program at the Mission Sill prospect, targeting high-grade gold-palladium results. These efforts underscore Galileo’s commitment to unlocking further mineral potential in this underexplored region, which could significantly impact its operational capabilities and industry standing.
More about Galileo Mining Ltd.
Galileo Mining Ltd is an Australian company operating in the mining industry, focusing on the exploration and development of mineral resources. The company specializes in palladium, platinum, gold, nickel, and copper, with a significant emphasis on its Norseman project in Western Australia.
Average Trading Volume: 344,672
Technical Sentiment Signal: Buy
Current Market Cap: A$41.5M
Learn more about GAL stock on TipRanks’ Stock Analysis page.