Galileo Mining identifies new conductive target near Callisto

Proactive - Interviews for investors

Galileo Mining Ltd (ASX:GAL, OTC:GLMGF) managing director Brad Underwood sits down with Proactive’s Jonathan Jackson to discuss a strongly conductive electromagnetic target five kilometres along strike from the Callisto deposit at the Norseman platinum group elements (PGE)-nickel-copper project in Western Australia. This conductor, identified via a downhole electromagnetic survey, measures approximately 400 metres down-dip and 200 metres in strike length, mirroring geophysical anomalies similar to the 17-million-tonne Callisto deposit. The company plans to include this new target in an upcoming drilling program in August, as it could represent a geological contact zone prospective for mineralisation. Underwood said the company continued to develop new drill targets at the Norseman Project as it moves along strike from Callisto deposit. He emphasised the prospectivity of the region and highlighted the minimal previous exploration before the Callisto discovery in 2022. With $13.6 million in cash, Galileo Mining aims to systematically explore Callisto-style mineralisation within the 255-square-kilometre Norseman tenement package. Planning for the next drilling program is in advanced stages and this is scheduled to commence in mid-August. Galileo Mining is focused on generating new drilling targets over 20 kilometres of strike surrounding the Callisto deposit and 12 kilometres of strike at the Mission Sill PGE-nickel-copper prospect. Callisto’s resource estimate includes 17.48 million tonnes at 0.82 ppm palladium, 0.15 ppm platinum, 0.045 ppm gold, 0.027 ppm rhodium, 0.20% nickel and 0.16% copper, equating to significant quantities of palladium equivalent, nickel equivalent, and 4E (platinum group elements plus gold). #ProactiveInvestors #GalileoMining #ASX #CallistoDeposit, #ElectromagneticSurvey, #NorsemanProject, #PGENickelCopper, #WesternAustralia, #GeophysicalAnomalies, #Mineralisation, #DrillingProgram, #AugustDrilling, #BradUnderwood, #Exploration, #MiningProspectivity, #ResourceEstimate, #Palladium, #Platinum, #Gold, #Rhodium, #Nickel, #Copper #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews