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Galileo Mining Ltd (ASX:GAL)

ALERT: Price-sensitive ASX Announcement for GAL
Current share price for GAL : $0.110 -0.105 (-48.84%)+
Announcement
Release
30 Oct 2025 8:25AM
Price at Release
$0.215
Full Release
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Summary
Galileo Mining Ltd is conducting exploration at its wholly owned Norseman project in Western Australia, focusing on potential high-grade gold and PGE (platinum group elements) mineralisation. Recent aircore drilling revealed significant gold assays, including over 13 g/t gold at the Mission Sill prospect. The project, covering an area of 255 km², is strategically located near the Callisto deposit. Galileo has signed a contract for RC drilling to explore the bedrock mineralisation at Mission Sill. This exploration highlights Galileo's potential to discover new high-grade mineral resources in this region.
Key Points
  • Galileo Mining Ltd focuses on exploration and development of PGE, nickel, copper, and cobalt in Western Australia.
  • The Norseman project is wholly owned by Galileo Mining and covers 255 km².
  • High-grade gold assays were reported with a standout result of over 13 g/t gold at the Mission Sill prospect.
  • An RC drill contract was signed to test bedrock mineralisation along the Mission Sill Eastern Contact target.
  • The Mission Sill prospect is approximately 8km from the Callisto deposit.
  • PGE anomalism was identified along a 10km strike at the Mission Sill prospect.
  • Drilling results suggest potential for high-grade gold-PGE mineralisation at the Mission Sill prospect.
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.