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Galileo Mining Ltd (ASX:GAL)

ALERT: Price-sensitive ASX Announcement for GAL
Current share price for GAL : $0.130 -0.05 (-27.78%)+
Announcement
Release
8 Sep 2025 8:30AM
Price at Release
$0.180
Full Release
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Summary
Galileo Mining Ltd's exploration activities at their Norseman project in Western Australia have shown promising results for PGE (palladium-platinum) mineralization. The company's drilling programs, particularly at the Callisto deposit, have identified significant mineralized zones analogous to South Africa's Platreef deposits. These findings include over 10 km of anomalous PGE results along the Mission Sill Eastern Contact Zone. The company has been awarded EIS funding to further explore these prospects with plans for RC and diamond drilling to test for deeper mineralization. The Callisto deposit, discovered in 2022, has already reported an initial mineral resource estimate with notable grades of palladium, nickel, and copper.
Key Points
  • Exploration at Norseman project shows promising PGE results.
  • Drilling programs focus on Callisto deposit and Mission Sill prospect.
  • 10 km of anomalous PGE results along Mission Sill Eastern Contact.
  • EIS funding awarded for deeper exploration at Callisto deposit.
  • Callisto deposit discovered in 2022 with significant mineral resource estimate.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.