Palladium and nickel grades increasing - 20+ more assays pending

Published 16-NOV-2022 14:46 P.M.

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This morning our long term Investment Galileo Mining (ASX: GAL) put out the assay result from one of its deeper holes to the southeast of its PGE discovery.

The assay results came from drillhole NRCD280 and returned some of the highest grades to date from GAL’s discovery - up to 4.01g/t PGEs.

Importantly, today’s assay result shows that GAL’s discovery continues to extend towards the east, with the width of the discovery now measuring ~500m. Grades are increasing in this direction.

GAL’s diamond drilling program to the east is ongoing whilst it awaits the results from ~20 assays that are pending.

Assay results are expected between late November to January.

All of the assays pending are testing for mineralisation at depth where we have been seeing most of the high grade assay results come from and where GAL has hit massive sulphides in.

We updated our 3D model with today’s result and have shown the upcoming assay results in the image below (coloured in purple).