Galileo Mining: Shares rise following massive sulphide find

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Galileo Mining Shares rise following massive sulphide find

  • Galileo Mining (GAL) was up as much as 22 per cent on the market this morning after announcing it had intersected massive sulphide at its Norseman Project in WA
  • The company is currently halfway through a 10,000-metre aircore drilling program designed to highlight ares of interest for futher diamond and reverse circulation drilling
  • Best results come from hole NAC105 which intersected massive sulhpide at the end of hole as well as minor amounts of nickel and copper mineralisation
  • Samples have been sent to the laboratory for priority analysis with results expected in roughly four weeks
  • Shares in Galileo are still up 17.1 per cent on the market and are trading at 24 cents
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