Galileo Mining: Suspends drilling at Fraser Range due to COVID-19
- Galileo Mining updated the market on its exploration activities within the Fraser Range Nickel Belt in Western Australia
- The company reported its aircore drilling of magnetic targets north of the Lantern Prospect is currently underway
- Downhole electromagnetic surveying from one of its drill holes, LARC003, is planned to commence in two weeks
- Galileo is also well funded, as it has approximately $4.8M in cash to spend on exploring the area
- Managing Director Brad Underwood also says the first RC program has shown that the hole contains nickel-copper sulphides
- On the market today, Galileo is up 13.3 per cent and is trading for 17¢ apiece at 1:41 pm AEDT