Galileo defines targets for upcoming drilling

Galileo Mining Ltd (“Galileo” or the “Company”) is pleased to announce electromagnetic (EM) surveying of nickel targets has commenced at the Company’s highly prospective tenements in the Fraser Range region of Western Australia.

Highlights:

• Low frequency electro-magnetic (EM) surveying over advanced Fraser Range prospects at Lantern North and South has commenced
• EM survey aims to define the most prospective zones for nickel sulphide mineralisation prior to drill testing
• RC and diamond drilling programs are planned to follow up the EM survey results with drilling scheduled to commence in July
• Shallow aircore drilling at the Lantern Prospect has been completed with 8,839 metres drilled and assays pending
• Aircore results will be integrated with EM surveying to confirm drill targeting at relatively shallow depths of 50 to 400 metres below surface

Commenting on the EM survey Galileo Managing Director Brad Underwood said:

“We have spent the last 18 months developing our understanding of the nickel potential at our Fraser Range tenements. We now know we have similar host rocks to those at the operating Nova nickel mine, and our first RC drilling program in the area showed disseminated nickel-copper sulphides. The present round of EM surveying is designed to refine our targets for more advanced drill testing. Once the EM results become available, we will finalise planning of the RC and diamond drilling programs which are scheduled to begin in July. We look forward to updating the market as we move into an exciting period of exploration at the Fraser Range.”

Fixed loop electro-magnetic (FLEM) surveying of the Lantern North and South Prospects is underway with the full program expected to be finished within ten days. EM surveying is a very useful tool in the exploration for nickel sulphide mineralisation due to the conductive response of sulphide minerals that contain nickel. Massive and semi-massive nickel deposits regularly exhibit conductive signatures when a current is passed through the earth (see Figure 1). However, disseminated sulphides, and deposits with complex geometry, may only provide subdued conductive responses.

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