Saturday, December 13, 2025
9.3 C
London

Galileo Mining: Receives drilling results from Lantern South

  • Galileo Mining (GAL) has received results from reverse circulation (RC) drilling at the Lantern South prospec
  • The company aimed to expand mineralisation, investigate the stratigraphy at Lantern East and establish pre-collars for diamond drilling
  • Pleasingly, drilling has further defined the target ultramafic rock unit at Lantern South with high potential for additional mineralisation
  • Drilling has also intersected nickel and copper that’s associated with anomalous gold, platinum and palladium
  • Diamond drill core samples have been sent for assaying and results are expected in at least four weeks time
  • Company shares have slid 10.6 per cent in early trade, priced at 21 cents each

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities for founders

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

Airwallex: Your Global Business Account

Airwallex: A global business account, built for the modern...

Nationwide Fined $44 Million for Ineffective Financial Crime Controls

The financial institution faces penalties for subpar compliance measures. Highlights:...

Grasshopper Bank Acquired by Enova for $369 Million in Strategic Move

Acquisition aims to enhance Enova's digital banking capabilities and...

JPMorgan Enables US Commercial Paper Issuance for Galaxy Holdings on Solana

A significant step in the intersection of traditional finance...

Mollie Announces Strategic Acquisition of GoCardless to Enhance Payments

The acquisition aims to provide seamless payment solutions for...

BIS and Central Banks Trial Post-Quantum Cryptography for Payments

Exploring security solutions for the future of digital transactions. Highlights:...

Mollie Set to Acquire GoCardless in Strategic Fintech Expansion

This acquisition promises to enhance payment solutions for businesses...

Tandem Bank Appoints Former B CTO as Chief Technology Officer

Strategic leadership shift aims to enhance Tandem's tech capabilities. Highlights:...

Bank of England Invites Business Feedback on Digital Pound Development

Engagement from businesses is crucial for shaping the future...
spot_img

Related Articles

Popular Categories

spot_imgspot_img