Galileo Mining begins Callisto North drilling targeting PGEs and nickel-copper

Proactive - Interviews for investors

Galileo Mining Ltd (ASX:GAL, OTC:GLMGF) managing director Brad Underwood joins Proactive’s Tylah Tully to discuss a drilling campaign at the Callisto North prospect, part of its 100%-owned Norseman Project in Western Australia. The RC drilling is targeting platinum group elements (PGE) and nickel-copper along the same trend that hosts the Callisto deposit. The 2,000-metre drilling program is expected to be completed within three weeks, with initial assay results anticipated by late September or October 2024. This drilling is aimed at several high-priority targets between one and five kilometres north of the 17.5 million tonnes Callisto resource. These targets were identified using geophysical electromagnetic (EM) and induced polarisation (IP) surveys, as well as geochemical data. Galileo’s efforts are part of a broader strategy to explore and potentially expand resources in this geologically fertile region. The company is well-funded, holding $13.6 million in cash as of June 30, 2024, and is committed to ongoing exploration despite current market conditions. Underwood said the company’s goal was to make new resource discoveries through continued exploration activities. #ProactiveInvestors #GalileoMining #ASX #CallistoNorth #PGEs #NickelExploration #CopperExploration #NorsemanProject #WesternAustraliaMining #ResourceExploration #GeophysicalSurveys #MineralDiscovery #MiningIndustry #ASXStocks #MiningNews #ExplorationDrilling #ResourceDevelopment #MarketUpdate #MetalsAndMining #RCDrilling #GeochemicalTargets #MiningInvestments #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews