by –News Direct–
Galileo Mining Ltd (ASX:GAL, OTC:GLMGF) MD Brad Underwood speaks with Proactive after releasing an inaugural mineral resource estimate (MRE) for the Callisto deposit, part of its wholly-owned Norseman project in Western Australia. The palladium-gold-nickel-copper Callisto discovery is the first 'Platreef' deposit identified in Australia, named for a style of mineralisation analogous to the renowned Platreef deposits found in South Africa. This groundbreaking development propels the Norseman project into the spotlight as a cornerstone asset with significant potential for Galileo and the industry at large.
Underwood said: Galileos discovery of the Callisto deposit has been a major breakthrough in understanding the geology and prospectivity at our Norseman project.
We have now defined a significant resource from a total of 147 drill holes (38,695 metres) within an established mining district of Western Australia.
The discovery occurs on a granted mining lease just 15 kilometres from the town of Norseman and with extensive nearby infrastructure including gas pipeline, water pipeline, railway, and sealed highway."
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/galileo-mining-says-maiden-callisto-resource-marks-new-province-633532816
Galileo Mining Ltd
COMTEX_441318234/2655/2023-10-02T14:59:28
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
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