Galileo Mining Ltd is pleased to announce initial results from fixed loop EM surveying has revealed a conductive target 1.5km along strike from disseminated sulphides intersected at the Lantern South prospect in the Fraser Range region of Western Australia.
Highlights
- New EM target from Fixed Loop survey along strike from sulphide intersection at the Lantern South prospect 1
- Aircore drilling around Lantern South shows an ultramafic unit prospective for additional nickel sulphide mineralisation with
- 27m @ 0.18% nickel from 48m (LAAC116) and
- 17m @ 0.17% nickel from 48m (LAAC235)
- Fixed Loop EM surveying at the Lantern area is continuing with full results expected in two weeks
- RC drilling of shallow targets is planned to commence in July with diamond drilling scheduled to begin in August
Results from aircore drilling have also delineated the ultramafic unit at the Lantern South prospect with results of 27m @ 0.18% nickel from 48m (LAAC116) and 17m @ 0.17% nickel from 48m (LAAC235).
Unlocking critical mineral’s economic and geological potential
Galileo defines targets for upcoming drilling
RC drilling of shallow targets at the Lantern South prospect is scheduled to commence in July with diamond drilling of the new EM target, and any additional targets to come out of the current EM survey, to begin in August.
Commenting on the new target Galileo Mining Managing Director Brad Underwood said:
“The first results from our current EM survey have shown the presence of a conductor along strike from drilling that intersected nickel and copper sulphide mineralisation. This is an encouraging sign in our exploration for new nickel deposits as conductive targets can be associated with significant amounts of nickel sulphides. Our aircore drilling has also outlined the prospective ultramafic unit at Lantern South and this target is now ready for advanced drilling. The next round of drilling is scheduled to commence in July and marks the beginning of an important phase of exploration at our Fraser Range Project.”
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(1) Refer to the Company’s ASX announcement dated 17th March 2020, accessible at
https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=asx&timeframe=Y&year=2020
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