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Galileo Mining begins new drilling program at Fraser Range nickel project

Around 1,500 metres of RC drilling is planned with initial laboratory assays expected within two weeks of finishing drilling.

Galileo Mining Ltd - Galileo Mining begins first RC drilling program at the Lantern Nickel Project in WA
RC drilling at the Lantern Nickel Project

Galileo Mining Ltd (ASX:GAL) has started reverse circulation (RC) drilling highly prospective nickel targets at Lantern Nickel Project within the Fraser Range nickel belt in Western Australia.

Diamond core drilling is set to follow in August after completion of the 1,500 metres of RC drilling, with initial laboratory assays expected within two weeks of finishing drilling.

Targeting additional zones

Managing director Brad Underwood said: “Our first ever RC drilling program at the Lantern prospect was completed in March this year.

“Results from that program demonstrated that the area contains disseminated nickel and copper sulphide mineralisation.

"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 location of the three drill targets for the upcoming drilling RC and diamond drill campaigns.

Lantern East is a conductive target on the margin of a major gabbronorite intrusion.

An RC drill hole will be completed up-dip of the conductor and a pre-collar will be established for a diamond core tail to test the conductor.

The Lantern South structural target is a structural and geological target on the margin of the gabbronite intrusion and an RC drill hole and an RC pre-collar will be drilled at this location.

Shares have been almost 10% higher in early trade to 35 cents.

Quick facts: Galileo Mining Ltd

Price: 0.34 AUD

ASX:GAL
Market: ASX
Market Cap: $48.65 m
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Watch

Galileo Mining's Brad Underwood updates on aircore drilling and geophysics...

Galileo Mining Ltd's (ASX:GAL) Brad Underwood updates Proactive's Andrew Scott on their current nickel exploration campaign at the Lantern prospect in the Fraser Range region of Western Australia. He discusses the significance of a new EM target identified at the property as well as plans for...

on 25/6/20

2 min read