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Rooster Talk: NiS Exploration - more science than luck, Galileo Mining

In Rooster Talk Episode 25, part of the Margaret River Series, Galileo’s Brad Underwood provides an update on nickel exploration.

Galileo Mining Ltd - Rooster Talk: NiS Exploration - more science than luck, Galileo Mining
Samso chats with Galileo Mining chairman and MD Brad Underwood

It's time for an update on nickel exploration with Galileo Mining (ASX:GAL) chairman and managing director Brad Underwood. Today we focus on the science and techniques of nickel exploration - which is the easy process but what are the potential issues? 

As we speak, the company is undergoing its first diamond drilling program at its Fraser Range Nickel Belt in Western Australia.

About Galileo Mining

Galileo Mining is a resources company listed on the Australian Securities Exchange (ASX) under the code GAL and is exploring for base metals in southeast Western Australia. The company has a 100% ownership of its Norseman Project and has joint ventures with the Creasy Group over highly prospective tenements in the Fraser Range.

The Norseman Project is adjacent to the regional town of Norseman in an infrastructure-rich area of Western Australia. A bitumen highway runs parallel to the project area and is less than 10 kilometres from the company’s current JORC cobalt-nickel resources. This project includes numerous areas with potential for further cobalt discoveries as well as additional nickel and copper prospects. 

The Fraser Range Project covers two zones of the extensive Fraser Range geological belt. The Fraser Range is known for the world-class Nova nickel-copper-cobalt mine discovered by Sirius Resources in 2012. Galileo’s northern Fraser Range tenement is 80 kilometres from the operating Nova mine while the southern tenements are just 30 kilometres from the mine.

Galileo is targeting Nova-style nickel-copper-cobalt mineralisation in the Fraser Range and has a deep level of experience in the region.

The company was originally privately owned by renowned prospector Mark Creasy and Galileo managing director Brad Underwood spent eight years as general manager of the Creasy Group’s exploration at the Fraser Range and Norseman. 

Galileo Mining listed on the ASX in May 2018, raising $15 million in IPO funding. 

Creasy continues to be the largest shareholder, controlling approximately 31% of the company. ASX-listed miner IGO Ltd (ASX:IGO) and Mineral Resources’ founder Chris Ellison are included within the company’s top five largest shareholders. 

Galileo key milestones

About Brad Underwood

Brad Underwood is the chairman and managing director of Galileo Mining. Underwood is a geologist with over 18 years’ experience in exploration, prospecting and mining. He has been involved in copper, gold, nickel and cobalt discoveries and the development of numerous prospects over a variety of commodities.

Watch the last Coffee with Samso conversation with Brad:

Galileo's strategic focus is on nickel, copper and cobalt in a tier-1 mining jurisdiction.

For further information about Coffee with Samso and Rooster Talks visit: www.samso.com.au

Samso is primarily a consulting company that delivers digital information to the market in terms of creating organic content.
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Disclaimer
Samso and affiliated companies accept no responsibility for any claim, loss or damage as a result of information provided or its accuracy. The information provided is general in nature, not financial product advice, see a financial expert before making any investment decision. Your personal objectives, financial situation or needs have not been taken into consideration. There may be a conflict of interest present with commercial arrangements with companies and/or stock held. Samso or an associate may receive a commission for funds raised.

Quick facts: Galileo Mining Ltd

Price: 0.225 AUD

ASX:GAL
Market: ASX
Market Cap: $32.2 m
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Galileo Mining identifies new conductor from EM survey at Fraser Range

Galileo Mining Ltd’s (ASX:GAL) Brad Underwood updates Proactive's Andrew Scott on the latest results from a large program of ongoing electro-magnetic (EM) surveying surrounding the Lantern Prospect in the Fraser Range region of Western Australia. He says a new conductor has been identified at...

1 week, 2 days ago

4 min read