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CompanyGalileo Mining

  • Location: Australia
  • Tickers:
    • ASX:GAL
  • Project Stages:
    • Exploration

Galileo is a well-funded and active exploration company focussed on its highly prospective Norseman and Fraser Range projects in Western Australia.
In May 2022 Galileo made a major multi-commodity palladium-platinum-gold-rhodium-nickel-copper discovery at its Norseman Project with the market value of the company increasing quickly to over AUS$250 million.
Drilling continues at the newly named Callisto Discovery with excellent opportunities for new discoveries as exploration progresses over the five kilometres of untested ground to the north.
The Callisto Discovery is located adjacent to the regional town of Norseman in an infrastructure-rich area of Western Australia, and is just two hours’ drive from the deep-water Port of Esperance. With many operating mines in the district there is a well-established path to mine development within one of the best mining jurisdictions in the world.
At the Fraser Range, Galileo has two project areas with strong potential for nickel. The Fraser Range is known for the world class Nova nickel-copper-cobalt mine owned by IGO. Galileo’s northern Fraser Range tenement is 80km from the operating Nova mine while the southern tenements are just 30km from the mine. Galileo is targeting Nova style nickel-copper-cobalt mineralisation at the Fraser Range in a Joint Venture partnership with the Creasy Group.

Galileo Mining
ASX
  • asx: gal

    • -0.015 (-5.66%)

* Based on previous 24 hours performance

  • asx: gal

    • -0.025 (-9.26%)

* Based on previous 7 days performance

  • asx: gal

    • 0.005 (2.08%)

* Based on previous 12 weeks performance

  • asx: gal

    • -0.315 (-56.25%)

* Based on previous 12 months performance

Open 0.26000 Volume 143848
High 0.26000 52w High 0.68000
Low 0.24500 52w Low 0.20000
Close 0.24500

* 29 May 2024 (AUD)