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Galileo Mining Ltd (ASX:GAL)

ALERT: Price-sensitive ASX Announcement for GAL
Current share price for GAL : $0.110 -0.065 (-37.14%)+
Announcement
Release
2 Dec 2025 8:33AM
Price at Release
$0.175
Full Release
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Summary
Galileo Mining Ltd has commenced a 2,000-meter RC drilling program at its Norseman project in Western Australia, targeting Platinum Group Elements (PGEs) and gold. This program is a follow-up to recent promising results, with the aim of discovering new palladium and platinum resources to add to the current JORC resource of 1.27Moz PdEq. The Norseman Project includes the Callisto Deposit, discovered in 2022, and is characterized by palladium-platinum-gold-rhodium-nickel-copper sulphide mineralization. The drilling will focus on high-priority targets at the Mission Sill South, Jimberlana South, and Callisto North prospects. The results from this drill program, expected in six weeks, could significantly increase the resource potential of the Norseman mineral belt beyond the current estimates.
Key Points
  • Commencement of 2,000m RC drilling program at Norseman project.
  • Targeting PGEs and gold with focus on palladium and platinum.
  • Program follows recent positive drill results.
  • Current JORC resource of 1.27Moz PdEq.
  • Callisto Deposit discovered in 2022 with multi-metal mineralization.
  • Drilling targets at Mission Sill South, Jimberlana South, and Callisto North.
  • Results expected six weeks post-drill completion.
  • Potential increase in Norseman belt resource.
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.