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Galileo Mining (ASX:GAL) receives promising outcome at Norseman

  • January 14, 2021 12:58 PM AEDT
  • Team Kalkine
Galileo Mining (ASX:GAL) receives promising outcome at Norseman

Summary

  • Galileo Mining (ASX:GAL) has announced promising soil sampling interpretation results from its Norseman project.
  • Soil sampling results’ integration with other drilling & exploration datasets using machine learning & AI is proposed.
  • The securities of the company were in a trading at A$0.260, down by 2 per cent.
Gold MTF non-AMP

Nickel, copper and cobalt exploration company, Galileo Mining Ltd (ASX:GAL) has announced promising soil sampling analysis results from its wholly-owned Norseman project.

Soil sampling analysis was primarily intended to provide information on Nickel sulphide mineralisation prospects. These results will be integrated with other geological, geophysical, and hyperspectral data for meaningful analysis and further planning of future exploration.

Must Read: Galileo Mining Provided An Update On The Norseman Cobalt Project Scoping Study

About Norseman Project

Norseman is a wholly-owned Galileo project that covers an area of 278 square km. Galileo owns two exploration licenses, 18 prospecting licenses and one mining lease in the project area and is operating the project since 2006. The area lies at the southern flank of Norseman-Wiluna greenstone belt. The project contains resource potential for Nickel, Copper, Cobalt, Lithium and Gold.

Norseman Project Location Map with Selection of Regional Mines and Infrastructure

(Source: GAL ASX Update, dated 13 January 2021)

Operational Highlights

A total of 1,726 soil samples from 1,620 unique sample locations were collected till 15 December 2020 for multi-element assessment. Areas with high Nickel prospects were selected for sample locations.

Interesting Read: Galileo Mining Reports Maiden Air Core Drilling At Fraser Range Lantern

Soil Sampling Locations at the Norseman Project

(Source: GAL ASX Update, dated 13 January 2021)

Laboratory assessment and interpretation has been carried out in soil samples. The samples were analysed based on average crustal abundance, which showed promising results. Basalt showed maximum assay for Nickel to be 3,945ppm. Platinum, palladium, copper and gold reported a maximum assay of 173ppb, 314ppb, 640ppm and 83ppb respectively.

Summary of Soil Sampling Assay Results from the Norseman Project

(Source: GAL ASX Update, dated 13 January 2021)

The preliminary sample analysis's main objective was to demarcate the anomalous data sets that can be considered for integration with other data sets to draw some meaningful results for proper planning of future phase of project development.

The Way Ahead

To further integrate soil sample interpretation results with other exploration data sets using machine learning and AI technology to get new insights for drilling target demarcation. A German based remote sensing and data integration specialist, DiMap Spectral GmbH was provided the contract to collect and interpret multispectral, hyperspectral data.

Data collection through an airborne survey is completed and ready to remote sensing mineral analysis. Post which, the data will be used to integrate with other drilling and exploration datasets to develop a mineral prospectivity map using machine learning procedures.

(Source: GAL ASX Update, dated 15 December 2020)

The work is expected to complete in late February, and outcomes will be used in the drill plan, scheduled in the second quarter of 2021.

Price Movement:

Stocks of GAL last traded at A$0.260, down 1.8 per cent as on 14 January 2021, (AEDT: 1:00PM).

 

 


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