Friday, May 2, 2025
24.3 C
London
HomeFinTechGalileo Mining: Receives drilling results from Lantern South

Galileo Mining: Receives drilling results from Lantern South

Date:

IFGS 2025: Profit as a Catalyst for Net Zero Action

Exploring the Intersection of Profitability and Sustainability in the...

Tide Launches B2B BNPL Product Following $100 Million Debt Raise

Revolutionizing Business Financing with Buy Now Pay Later SolutionsHighlights:...

FCA Calls for Action on Big Tech and Finfluencers in Financial Promotions

Navigating the Impact of Digital Influencers in Financial MarketingHighlights:...
  • 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

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories