Galileo Mining has further bolstered its Norseman project in WA after intersecting massive sulphides at its Callisto prospect.
In Callisto’s first diamond drilling program, 1.25m of massive sulphides were hit within a 29m zone of disseminated and stringer sulphides.
Galileo managing director Brad Underwood said this was a significant achievement for the company.
“Intersecting massive sulphides at the shallow depth of 190m downhole is an exceptional result from our first program of diamond drilling at Callisto,” he said
“It demonstrates how much there is to learn about the larger mineralised system and the upside opportunities that may present themselves as we continue with our extensive drill campaigns.”
Underwood said diamond drilling was continuing at pace, with five core holes completed – each of which intersected sulphide mineralisation.
“We are also obtaining excellent results from the RC (reverse circulation) drill campaign with six completed RC holes all recording sulphide mineralisation,” he said.
“As there is no known mineralised outcrop, and over 5km of prospective strike, we consider that significant potential exists for additional discoveries at shallow depths.
“With an ongoing RC drill campaign of 10,000m, and an ongoing 2000m of diamond core drilling, we are very excited to be rapidly progressing this new West Australian mineral discovery.”
Galileo’s exploration success story extends back to May when the company announced a significant palladium-platinum discovery at Norseman.
The company’s share price soared in the wake of the discovery and it continues to trade nearly 500 per cent higher than it was in early May.
The Callisto prospect has been the key driver of Galileo’s plaudits in recent times as it emerges as a battery metals treasure chest.
In July, Galileo intersected 8.25 grams per tonne (g/t) palladium and 1.94 platinum over 1m from drill hole NRC275.
At a 1 g/t 3E (palladium, platinum and gold) cut-off grade, NRC274 returned 23m at 2.12 g/t 3E, 0.35 per cent copper and 0.35 per cent nickel from 144m, while NRC275 as a whole intersected 29m at 2.22 g/t 3E, 0.32 per cent copper and 0.31 per cent nickel from 143m.