Galileo Mining Ltd (ASX: GAL) has identified the highest nickel and copper grades to date in drill assays from diamond core and RC drilling at the Callisto palladium-platinum-gold-rhodium-copper-nickel discovery within the company’s 100% owned Norseman project in Western Australia.
“The nickel results from disseminated sulphides in diamond core show we are drilling a quality mineralized system capable of producing high grades of nickel, copper, and palladium within disseminated sulphides,” Managing Director Brad Underwood said.
“As diamond drilling progresses to the east we are seeing higher peak values in metal grades. When we combine this with the geological interpretation, which shows that the parent host rock is predominantly to the east, Galileo has developed a very compelling target as the possible source of the mineralization. We will be testing this concept with a programme of diamond drilling.
“At the same time, we are using the second rig on site to drill test the open area to the west. We have already defined over 500 m of mineralization based on laboratory results and, with assays from over 20 drill holes yet to be received, we believe that the size of the mineralized envelope will extend further again.
“We are now drilling to define the size and grade of mineralization at Callisto, as well as drill testing highly prospective targets with the opportunity for more discoveries within this newly discovered palladium and nickel province.”
Highlights
• New diamond drill assays show highest grades of nickel and copper from disseminated sulphides to date with 1.58% nickel, 0.93% copper, and 3.32 g/t 3E (1) over one metre in NRCD305
• Peak nickel, copper, and palladium grades are interpreted as increasing at depth and to the east
• Mineralised footprint developed over 500 metres from the parent host rock. Possible source of the mineralization may be discovered further to the east
• Diamond drill results also show grade continuity at depth;
o 23 metres @ 1.41 g/t 3E (1.14 g/t Pd, 0.21 g/t Pt, 0.06 g/t Au), 0.28% Cu & 0.36% Ni from 248m (NRCD305) including
o 2 metres @ 2.97 g/t 3E (2.16 g/t Pd, 0.66 g/t Pt, 0.15 g/t Au), 0.74% Cu & 1.29% Ni from 265m with
o 1 metre @ 3.32 g/t 3E (2.76 g/t Pd, 0.48 g/t Pt, 0.07 g/t Au), 0.92% Cu & 1.58% Ni from 265m
o 29 metres @ 1.22 g/t 3E (0.99 g/t Pd, 0.17 g/t Pt, 0.06 g/t Au), 0.23% Cu & 0.24% Ni from 266m (NRCD306) including
o 11 metres @ 1.70 g/t 3E (1.40 g/t Pd, 0.24 g/t Pt, 0.07 g/t Au), 0.32% Cu & 0.31% Ni from 280m
• Results show the potential for substantial high-grade palladium- nickel-copper zones in disseminated sulphides at Callisto
• First RC drill intersections from the start of a new line with;
o 19 metres @ 1.15 g/t 3E (0.94 g/t Pd, 0.16 g/t Pt, 0.05 g/t Au), 0.20% Cu & 0.24% Ni from 163m (NRC358)
o 20 metres @ 1.08 g/t 3E (0.88 g/t Pd, 0.15 g/t Pt, 0.05 g/t Au), 0.20% Cu & 0.23% Ni from 159m (NRC357)
• Diamond drilling currently targeting eastern zone where grades are increasing at dept
For further information please visit: https://www.galileomining.com.au/
