Galileo Mining Ltd (ASX:GAL) has finalised priority targets in the prolific Fraser Range region of Western Australia for a combination of reverse circulation (RC) and diamond core drilling to begin later this month.
The program is aimed at testing high-priority nickel targets surrounded by sulphide mineralisation.
An initial 1,500 metre RC program will begin in late July, to be followed by a 500-metre diamond drilling campaign in August.
Assay results from RC drilling are expected to be received in August with diamond core results in early September.
Pipeline of prospects
Managing director Brad Underwood said: “We have built a pipeline of prospects over the past 18 months at our Fraser Range project and it is now time to start drill testing the most advanced targets.
“Three priority zones will be tested – the area around existing mineralisation, a structural target 200 metres northwest, and an EM conductor 1.5 kilometres along strike.
“All targets have been carefully assessed and contain features indicative of nickel mineralisation.
“This is an exciting part of the exploration process and we look forward to updating the market with drill results.”
Shares have been up 4% to 28.5 cents after reaching 29 cents on Friday, a new high of almost two years.
Drill targets at Lantern South and Lantern East prospects, part of upcoming drill campaigns.
Mineralisation intersected by the first RC drilling program, completed in March 2020, will be followed up with RC drilling immediately along strike and down dip.
Drill spacing will be around 40 to 80 metres from the known sulphide zone with the aim of identifying further nickel and copper sulphides associated with the ultramafic intrusion.
A structural and geological target 200 metres northwest of the sulphide mineralisatioRead More – Source