GALILEO MINING LIMITED (ASX: GAL) SEARCHING FOR PALLADIUM IN NORSEMAN

GALILEO MINING LIMITED (ASX: GAL) SEARCHING FOR PALLADIUM IN NORSEMAN

✦ Brad Underwood, Chair and Managing Director of Galileo Mining Limited (ASX: GAL) talks about going full steam ahead with exploration.

What Galileo Mining Limited has is a systemic approach which they are using now to test their palladium prospect in Norseman, Western Australia.

And for Noel Ong, CEO of Samso, that is music to his ears. He is a firm advocate of companies that actually spend the majority of their funds on getting out on the field and exploring.

This is one of his sound pieces of advice that he shares with investors in the Australian Stock Exchange or ASX Limited (ASX: ASX). With so many companies out there, how do you know who to begin focusing on?

➹Coffee With Samso: Brad Underwood, Chair and Managing Director of Galileo Mining Limited (ASX: GAL) talks about going full steam ahead with exploration.

The key is to focus on their exploration stories.

For those that need further convincing, suffice to say that since early 2018 when the company listed on the ASX, Galileo Mining Limited has already undergone 14 drill programs. And that is enough to make one sit up and take notice.

Brad Underwood, Chair and Managing Director of the company is no stranger to Noel's Coffee With Samso, and he is back for another exciting conversation with updates about the company. He shares about the technical merits of Galileo's projects as well as the exploration thinking behind the drilling in Norseman. That is where Galileo is seeking a potential Ni-Cu-PGE target.

We are talking about a 10,000m drilling program and already the targets are starting to look interesting. The geophysical anomalies appear to be guiding towards a possible source.

Something that is worth taking note of is the Jimberlana dyke in Norseman. It has always been a potential exploration target but has so far been ignored in the company's tenure.

The Jimberlana Dyke is similar to known geology that has sources of Palladium.

About Galileo Mining Limited (ASX:GAL)

Galileo Mining is a resources company listed on the Australian Securities Exchange (ASX) under the code GAL and is exploring for base metals in south-east Western Australia. The company has 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 located 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 10km from the Company’s current JORC cobaltnickel resources. The Norseman 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 80km from the operating Nova mine while the southern tenements are just 30km from the mine.

Galileo is targeting Nova style nickelcopper-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 Mr. Mark Creasy, and Galileo Managing Director Mr. 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.

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

Galileo Key Milestones

• 2003 – Registered as a private company wholly owned by Mark Creasy

• 2004 – Acquired the Norseman project

• 2006 – Initial drilling conducted at Norseman

• 2017 – Maiden JORC Resource completed at Norseman

• 2018 – Acquired interest in the Fraser Range project

• 2018 – Launched on the ASX as a public company

About Brad Underwood

Chair and Managing Director

Brad Underwood is the Chairman and Managing Director of Galileo Mining. Mr. Underwood is a geologist with over 18 years of 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.

Contact Galileo Mining Limited

+61 8 9463 0063

info@galileomining.com.au

www.galileomining.com.au

13 Colin St, West Perth, WA 6005