Galileo Mining Identifies Drilling Targets at Western Australia Nickel Project; Shares Fall 6%

MT Newswires Live
01-28

Galileo Mining Ltd (ASX:GAL) said review and interpretation of electro-magnetic survey data from the Fraser Range nickel project in Western Australia identified four new sulfide targets for drill testing, according to a Tuesday Australian bourse filing.

Drill testing of the targets is planned for the second quarter of 2025, the filing said. The target positions are associated with structural and geological features interpreted from the data.

It said the next round of drilling at its Norseman palladium-platinum project is scheduled to start in February. Assays from the 2024 drill program are expected to be returned in February.

The firm's shares fell over 6% in recent trading on Tuesday.

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