Galileo Mining Assays Rhodium in Callisto Drillhole
THE DRILL SERGEANT: Galileo Mining (ASX: GAL) has now included rhodium assays from its previously announced drill hole NRC266 from the Callisto discovery at the company’s 100 per cent-owned Norseman project in Western Australia.
Galileo Mining reported an updated intersection for NRC266, to now be:
NRC266
33 metres at 2.05 grams per tonne 4E (palladium + platinum + gold + rhodium) (1.64g/t palladium, 0.28g/t platinum, 0.09g/t gold, 0.05g/t rhodium), 0.32 per cent copper and 0.3 per cent nickel from 144m.
Galileo has interpreted the results from the Callisto discovery to demonstrate similarities with South Africa’s Platreef deposits with disseminated sulphide mineralisation hosted in the lower unit of a layered ultramafic sill.
“The rhodium assays confirm the presence of this valuable metal within the Callisto mineralised system,” Galileo Mining managing director Brad Underwood said in the company’s ASX announcement.
“With step out drilling expected to commence next week we will now be including rhodium in the assay suite for any further sulphide rich intersections.
“Based on the six drill holes completed so far at Callisto we anticipate more sulphide intersections in the next drill program and are hopeful that an increase in sulphide content will be matched by an increase in metal content.
“We are excited to be starting drilling again so soon after the recent discovery announcement and look forward to updating the market with results as they become available.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: info@galmining.com.au
