Shining Light On Company’s Nickel Asset Potential
Galileo Mining Ltd (ASX: GAL) has commenced a significant RC drilling programme at the company’s highly prospective nickel targets within the Fraser Range Nickel Belt in Western Australia.
Managing Director, Brad Underwood, said approximately 1,500 metres of RC drilling is planned with initial laboratory assays expected within two weeks of finishing drilling.
This will be followed by a diamond core drilling programme scheduled to kick off in August.
“Our first ever RC drilling programme at the Lantern Prospect was completed in March this year. Results from that programme demonstrated that the area contains disseminated nickel and copper sulphide mineralisation,” Mr Underwood said.
“In our second program of RC drilling we will be targeting additional zones of mineralisation and laying the foundation for diamond core drilling to follow in August.
“There are three high priority zones to be tested and we look forward to updating the market as results are received from this promising Fraser Range nickel project.”
The multiple targets being tested in the RC programme are locate d adjacent to the previously reported sulphide mineralisation at Lantern South where results included 5m @ 0.49% Ni & 0.46% Cu from 126 metres down hole, including 1m@0.66%Ni&0.75%Cufrom127m.
The three drill targets are:
Lantern East – a conductive target on the margin of a major gabbronorite intrusion. An RC drillhole will be completed updip of the conductor and a pre-collar will be established for a diamond core tail to test the conductor.
Lantern South is a structural and geological target on the margin of the gabbronite intrusion. An RC drill hole and an RC pre-collar will be drilled at this location. The Lantern South sulphide target is an area of disseminated sulphide mineralisation where three RC drill holes are planned as well as an RC pre-collar for a diamond core tail.
