Galileo Mining Ltd
Galileo Mining Ltd is an Australia-based exploration company.
The business
Galileo Mining Ltd is an Australia-based exploration company. The Company is focused on the exploration and development of palladium, nickel, copper, and cobalt resources in Western Australia. It has two prospective West Australian resource and exploration projects: the Norseman Project and the Fraser Range Project. The Norseman Project contains the Callisto Discovery and adjacent regional prospects Jimberlana and Mission Sill with potential for palladium, platinum, nickel, copper, cobalt, and rhodium mineralization. The Company’s tenure at Norseman project comprises exploration and prospecting licenses covering a total area of over 278 square kilometers (km2). The Fraser Range project covers exploration licenses totaling 602 square kilometers in the Albany-Fraser Orogen. The Fraser Range Project with exploration tenements prospective for nickel-copper-cobalt deposits. The Fraser Range tenure is located across two areas: the North Fraser Range and the South Fraser Range projects.
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Latest news
Platinum and palladium moving back to centre stage
Platinum and palladium, two of the ‘missing links’ in Australia’s world-class commodity chain, are moving back onto investors’ radar screens as local projects make progress and threats to supply promise to deliver a price spike. Chalice Mining’ (ASX: CHN) Julimar project in Western Australia did the most this week to revive interest in platinum and […]
Galileo Mining adds highly priced rhodium to WA palladium-platinum discovery
Galileo Mining (ASX: GAL) had already set its share price alight on Thursday with its palladium-platinum-gold discovery, then came back on Friday with more news: rhodium has also been found in drill cores at its Callisto discovery. On Friday’s open, Galileo shares climbed up in another double-digit percentage gain following the rhodium announcement. Rhodium, one […]
Galileo Mining pleases investors with Nova-style nickel targets at Fraser Range
Mark Creasy-backed Galileo Mining (ASX: GAL) has pleased investors today after likening nickel-copper-cobalt targets at its Fraser Range project to Independence Group’s (ASX: IGO) world-class Nova ore body. Shares in the junior explorer – which listed on the ASX in May – soared as much as 28% or A$0.065 on the news, hitting an intraday […]
Mark Creasy’s Galileo Mining unearths up to 1.10% cobalt at Norseman
Mark Creasy’s punt on Galileo Mining (ASX: GAL) has proved positive so far, with the company reporting it has unearthed up to 1.10% cobalt from diamond drilling at its Norseman project in Western Australia’s goldfields. The diamond drilling campaign pulled up numerous thick and high-grade cobalt intersections from shallow depths. Better results from the program […]
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