3 minute read
ALTERNATE SOURCE FOR NICKEL IN THE ALBANY FRASER PROVINCE
ALTERNATE SOURCE FOR NICKEL IN THE ALBANY FRASER PROVINCE
✦ Brad Underwood, Managing Director of Galileo Mining Limited (ASX: GAL) shares how the company is not afraid to drill.
Galileo Mining is one company that is not shying away from finding Nickel Sulphides. Are their recent drilling results showing more evidence of a potential new source of nickel sulphides?
Since Galileo Mining Limited listed on the ASX, they have undergone 13 drill programs. And this is from early 2018. They are clearly not shying away from finding the good stuff.
Their recent drilling results is paying off as well, as it is showing more evidence of a potential new source of nickel sulphides.
- Brad Underwood, Galileo Mining Limited
Brad Underwood, Chair and Managing Director of Galileo Mining Limited (ASX: GAL) talks about the technical merits of their projects and about the potential source of a different source of nickel sulphides in the Albany-Fraser Range. For Mr. Underwood, exploration is all about doing the work, and this includes the Black Art of Geophysics.
Mr. Underwood talks about:
• What the recent results mean in realising a potential new source for the nickel sulphides.
• The need to understand the “Black Art” of geophysics
• What is the Ni-Cu-PGE story?
• The reasons why the Galileo story is robust and is worthy of an investment for ASX investors.
As we speak, the company is undergoing its first diamond drilling program at its Fraser Range Nickel Belt in Western Australia.
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 cobalt-nickel 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 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 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.
Contact Galileo Mining Limited:
+61 8 9463 0063
info@galileomining.com.au
www.galileomining.com.au
13 Colin St, West Perth, WA 6005