GAL drilling north of Calisto chasing new discoveries
Our long term exploration Investment Galileo Mining (ASX: GAL) just kicked off another drill program across its Norseman exploration targets.
GAL expects the drill program to run for around one month with assays from the drilling expected in October.
The 4,000m drill program is focused on two key targets:
- Drilling the ~5km prospective area north of its Callisto discovery -
The first target area will be the ~5km prospective area to the north of Callisto.
The scale of the target area is pretty well summarised in the image below:
2. Follow up drilling at Jimberlana and Mission Sill -
GAL will be following up the recent sulphide intercepts at Jimberlana and Mission Sill.
GAL recently completed a drill program across these targets and hit sulphide structures across both.
Sulphides are a good sign GAL is doing just that because they are the type of host rock that most of the world's nickel/copper/PGE is produced from.
So far, the results have been relatively low grade but GAL did manage to put together two priority target areas it will be following up.
With this round of drilling we are hoping GAL hits more sulphides at depth and more importantly higher grades - which would allow GAL to declare another new ‘economic discovery’.
Below are the two areas we are watching:
We covered both of these targets in our most recent GAL note here: What we are looking out for over the next 6 months
What’s next for GAL?
- Drilling at Mission Sill & Jimberlana 🔄
- Step out drilling to the north of Callisto 🔄
- Resource modelling at Callisto 🔄
