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Galileo Mining Ltd (ASX:GAL)

ALERT: Price-sensitive ASX Announcement for GAL
Current share price for GAL : $0.110 -0.13 (-54.17%)+
Announcement
Release
27 Feb 2026 8:28AM
Price at Release
$0.240
Full Release
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Summary
Galileo Mining Ltd has commenced a diamond core drilling program at the Callisto PGE resource within its Norseman project in Western Australia. This initiative aims to explore deeper sections beneath the already identified 17.5Mt of near-surface mineralization, targeting potential stacked lodes through geological structures akin to the Callisto deposit. The drilling, supported by the Western Australian state’s Exploration Incentive Scheme, is projected to span three weeks, with results anticipated to enhance the understanding of the deposit's formation and support further metallurgical testing. Additional assays from recent drilling efforts at the Mission Sill prospect are underway, expected to inform future drilling locations.
Key Points
  • Diamond core drilling has started at the Callisto resource.
  • Drilling aims to explore deeper mineralization beneath the Callisto deposit.
  • The project is partially funded by the Western Australia Exploration Incentive Scheme.
  • Drilling is expected to last for three weeks.
  • Results will aid in further metallurgical test work and understanding of the deposit.
  • Assays from recent RC drilling at Mission Sill are being processed.
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.