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Galileo Mining Ltd. ( (AU:GAL) ) has shared an update.
Galileo Mining has reported that new gravity and induced polarisation surveys at its Mission Sill prospect in Norseman align closely with known platinum group metal mineralisation, reinforcing the geological model used at its Callisto resource. The geophysical work confirms more than 30 kilometres of prospective PGE strike across Mission Sill and the broader Norseman area, sharpening drill targets along key mafic-ultramafic contacts.
The company will launch a 5,000-metre aircore drilling program in late May, focusing on infill drilling at Mission Sill and first-pass drilling at the Callisto South prospect. Management believes the strong geophysical responses adjacent to recent sulphide intercepts could guide the discovery of potentially economic mineralisation, underscoring the strategic importance of the 255-square-kilometre project area to Galileo’s future growth.
More about Galileo Mining Ltd.
Galileo Mining Ltd is an Australian exploration company focused on platinum group metals and associated sulphide mineralisation at its 100% owned Norseman project in Western Australia. The company’s key asset includes the Callisto resource and surrounding prospective trends where it targets mafic-ultramafic contact zones considered favourable for economic PGM discoveries.
Average Trading Volume: 259,948
Technical Sentiment Signal: Sell
Current Market Cap: A$30.63M
Learn more about GAL stock on TipRanks’ Stock Analysis page.