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Galileo Mining Ltd (ASX:GAL)
ALERT: Price-sensitive ASX Announcement for GAL
Current share price for GAL : $0.125 -0.035 (-21.88%)+
Release
5 May 2026 8:31AM
Price at Release
$0.160
Full Release
Summary
Galileo Mining Ltd announced an exploration update for its Norseman project in Western Australia, highlighting the outcomes of recent geophysical surveys. The results from gravity and Induced Polarisation (IP) surveys have indicated significant Platinum Group Metal (PGM) trends at the Mission Sill prospect, aligning with previous anomalous sulphide findings. A new 5,000-metre aircore drilling program is set to begin in late May 2026, targeting areas with strong geophysical responses and potential economic mineralisation along geological contact zones. This program aims to further explore the 255 km² Norseman project area, focusing on both infill drilling at the Mission Sill prospect and first pass drilling at the Callisto South prospect.
Key Points
- Gravity and IP survey results match PGM trends at Mission Sill.
- Upcoming 5,000-metre aircore drilling to commence in May 2026.
- Focus on sulphide mineralisation supported by geophysical data.
- Target zones include geological contact areas with potential mineralisation.
- Norseman project area covers 255 square kilometres.
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.
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