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Galileo Mining (ASX:GAL) - Managing Director, Brad Underwood (right)
Managing Director, Brad Underwood (right)
Source: The Pick Magazine
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  • Diamond drilling is now underway at Galileo Mining’s (GAL) Lantern East prospect within the Fraser Range Nickel Belt in WA
  • Drilling will examine a previously uncovered electromagnetic response and determine whether it’s related to nickel sulphide mineralisation
  • Up to one thousand metres of diamond drilling is scheduled for completion, depending in early results
  • Initial drilling is expected to take roughly 10 days to finish and will be followed by a market update and assay results
  • Galileo is up 1.45 per cent, trading at 35 cents

Diamond drilling is now underway at Galileo Mining’s (GAL) Lantern East prospect within the Fraser Range Nickel Belt in WA.

Lantern East is a nickel target with an electromagnetic anomaly occurring on the margin of a large intrusive rock unit. The top of the target reaches between 140 and 180 metres below surface.

Diamond drilling will examine the electromagnetic response and determine whether it is related to nickel sulphide mineralisation.

The company has planned around a thousand metres of diamond drilling, but this will depend on the program’s early results.

“This is our first drilling program of the year and we have a well-defined target to test at our Lantern East prospect. Our previous drilling in the area showed that we have the right rocks and we are now at the stage of testing the modelled conductors to determine whether they are related to nickel,” said Galileo Managing Director Brad Underwood.

“Subsurface conductors can have several sources and it is up to the drill rig to reveal what we have in the ground. This is an exciting part of the exploration process and we look forward to updating the market as results become available.”

Initial drilling is expected to take roughly 10 days to finish, with first assays expected soon after.

Galileo is up 1.45 per cent, trading at 35 cents at 2:42 pm AEDT.

GAL by the numbers
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