Updated: May 26
With Brad Underwood, Chairman and Managing Director of Galileo Mining Limited (ASX:GAL)
The search for Nickel Sulphides in the world of geoscientists is akin to the search for the Holy Grail. It would benefit investors to understand what is required to make a discovery in mineral exploration.
Brad Underwood, Chairman and Managing Director of Galileo Mining Limited (ASX:GAL) often visits Noel Ong, CEO of Samso to share some insights. The last time they spoke was almost two months ago and today Mr. Underwood brings in fresh perspectives on the mineral exploration industry.
In Coffee with Samso Episode 87, they chat about what it takes, step-by-step, in the company's methodical exploration for nickel sulphide.
We also hear about the different types of surveys (magnetic, electromagnetic, geophysical) as well as the thinking and science behind the new Palladium target in Norseman. Today's conversation is chockful of information and insights. We have got our notepads ready for juicy nuggets.
What gets Noel Ong sitting up when he looks at the variety of companies out there is the quality of their management. And for him, Galileo Mining Limited has got quality management which will keep them steady and going through the good and bad.
LATEST ASX ANNOUNCEMENTS
“Our ongoing review of the Norseman Project has delivered results with the recognition of the outstanding prospectivity for palladium in the region. The existing drill results demonstrate the quality of the project and have provided the basis for a new understanding of the mineralising processes. This has led to the development of robust drill targets with the potential for a significant palladium discovery. We will be aggressively pursuing this exceptional opportunity in conjunction with our search for nickel sulphide deposits at the Fraser Range which includes upcoming diamond drilling at the Delta Blues prospect.”
DOWNLOAD THE ASX ANNOUNCEMENT:
Here are the juicy insights on Coffee With Samso Episode 87.
About Brad Underwood
Brad Underwood is the Chairman and Managing Director of Galileo Mining Ltd. Mr. Underwood is a geologist with over 18 years of experience in exploration, prospecting and mining. He has been involved in copper, gold, nickel and cobalt discoveries and the development of numerous prospects over a variety of commodities.
About Galileo Mining Limited
Galileo Mining (ASX:GAL) is a resources company listed on the Australian Securities Exchange (ASX) under the code GAL and is exploring for base metals in south-east Western Australia. The company has 100% ownership of its Norseman Project and has Joint Ventures with the Creasy Group over highly prospective tenements in the Fraser Range.
The Norseman Project is located adjacent to the regional town of Norseman in an infrastructure-rich area of Western Australia. A bitumen highway runs parallel to the project area and is less than 10km from the Company’s current JORC cobalt-nickel resources. The Norseman Project includes numerous areas with potential for further cobalt discoveries as well as additional nickel and copper prospects.
The Fraser Range Project covers two zones of the extensive Fraser Range geological belt. The Fraser Range is known for the world-class Nova nickel-copper-cobalt mine discovered by Sirius Resources in 2012. Galileo’s northern Fraser Range tenement is 80km from the operating Nova mine while the southern tenements are just 30km from the mine.
Galileo Mining is targeting Nova style nickel-copper-cobalt mineralisation in the Fraser Range and has a deep level of experience in the region.
The company was originally privately owned by renowned prospector Mr. Mark Creasy, and Galileo Managing Director Mr. Brad Underwood spent eight years as General Manager of the Creasy Group’s exploration at the Fraser Range and Norseman.
Galileo Mining listed on the ASX in May 2018, raising $15 million in IPO funding.
Mr. Creasy continues to be the largest shareholder, controlling approximately 31 percent of the company. ASX-listed miner Independence Group (ASX: IGO) and Mineral Resources’ founder Chris Ellison are included within the Company’s top five largest shareholders.
Galileo Mining Key Milestones:
2003 – Registered as a private company wholly owned by Mark Creasy
2004 – Acquired the Norseman project
2006 – Initial drilling conducted at Norseman
2017 – Maiden JORC Resource completed at Norseman
2018 – Acquired interest in the Fraser Range project
2018 – Launched on the ASX as a public company
Contact Galileo Mining Ltd
Mailing Address / P.O. Box 415, West Perth WA 6872, Australia
Registered Office / 13 Colin St, West Perth, WA 6005
Telephone / +61 8 9463 0063
Email / email@example.com
Past conversations on the update of Nickel Exploration
It has been nearly two months since Noel last spoke with Mr. Underwood, Managing Director of Galileo Mining Limited. Click on the video below for an update on nickel exploration and Galileo's strategic focus on nickel, copper and cobalt in tier-1 mining jurisdiction. The science and techniques of nickel exploration process are easy but there are potential issues. As we speak, the company is undergoing its first diamond drilling program at its Fraser Range Nickel Belt in Western Australia.
The science and techniques of nickel exploration - the easy process and potential issues.
Bonus eBook for Investors
VMS (Volcanogenic Massive Sulfide) Deposits Explained
In simple terms, Volcanic-associated Massive Sulphide (VMS) deposits are caused by underground metal-rich volcanoes rising and creating a cooking environment.
We suggest you download this eBook which explains the VMS and How to Add Value to your Share Portfolio
The information contained on this website is the writer’s personal opinion and is provided to you for information only and is not intended to or nor will it create/induce the creation of any binding legal relations. Read full Disclaimer. - Noel Ong, Samso
Samso helps executives tell their stories to pique investor interest.
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