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Galileo Mining Limited's Alternate Source for Nickel in the Albany Fraser Province

Updated: Apr 21, 2022



Brad Underwood, Managing Director of Galileo Mining Limited (ASX: GAL) shares how the company is not afraid to drill



Galileo Mining is one company that is not shying away from finding Nickel Sulphides. Are their recent drilling results showing more evidence of a potential new source of nickel sulphides?


Since Galileo Mining Limited listed on the ASX, they have undergone 13 drill programs. And this is from early 2018. They are clearly not shying away from finding the good stuff.


Their recent drilling results is paying off as well, as it is showing more evidence of a potential new source of nickel sulphides.


Investors in the Australian Stock Exchange or ASX Limited (ASX: ASX) who are looking for a company that actually spends the majority of their funds on good exploration should look at Galileo Mining Limited (ASX: GAL).

Brad Underwood, Chair and Managing Director of Galileo Mining Limited (ASX: GAL) talks about the technical merits of their projects and about the potential source of a different source of nickel sulphides in the Albany-Fraser Range. For Mr. Underwood, exploration is all about doing the work, and this includes the Black Art of Geophysics.


Brad Underwood, Managing Director of Galileo Mining Limited, Noel Ong, Samso, Featured by Brilliant Online

Mr. Underwood talks about:

  1. What the recent results mean in realising a potential new source for the nickel sulphides.

  2. The need to understand the "Black Art" of geophysics

  3. What is the Ni-Cu-PGE story?

  4. The reasons why the Galileo story is robust and is worthy of an Investment for ASX investors.


Watch the interview: Coffee with Samso Episode 98



Chapters:


00:00 Introduction

01:39 Recent drilling results - What does it mean?

04:04 Do the current findings give you new ideas?

05:56 The significance of the S2 trend.

07:38 What is controlling the mineralisation?

08:14 What do the EM numbers mean?

10:59 What is happening with the other projects?

12:00 What is the Ni - Cu - PGE story all about?

13:55 How do you find palladium?

15:15 What will happen now going forward?

17:40 Conclusion


Podcast



About Galileo Mining Limited (ASX:GAL)


Galileo Mining 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 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 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


It has been nearly two months since I last spoke with Mr. Underwood, Managing Director of Galileo Mining Limited. Click on the article below for an update on nickel exploration. 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.




About Brad Underwood

Chair and Managing Director


Brad Underwood is the Chairman and Managing Director of Galileo Mining. 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.


More discussions with Mr. Underwood:


Watch a previous conversation with Mr. Underwood here about the company´s strategic focus on nickel, copper and cobalt in tier-1 mining jurisdiction.


Here is another conversation with Mr. Underwood focusing on the science and techniques of nickel exploration - the easy process and potential issues.


Galileo Mining Limited had been featured on Brilliant-Online previously, and you can read about the company´s Methodical Approach to the Search for Nickel and Palladium here.


Brad Underwood, Chairman and Managing Director Galileo Mining Ltd (ASX: GAL)
Brad Underwood, Chairman and Managing Director Galileo Mining Ltd (ASX: GAL)

Contact Galileo Mining Limited


a/ P.O. Box 415, West Perth WA 6872, Australia (Mailing Address)

a/ 13 Colin St, West Perth, WA 6005 (Registered Office)

p / +61 8 9463 0063



 

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



 

Disclaimer


This article is sponsored content.


ASX companies engage Samso and Brilliant-Online to share their commentary on the progress of their companies and projects. The author, owners of Samso and Brilliant-Online and associated entities may or may not hold shares of these companies.


The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. - Samso


About the Author


Noel Ong, CEO of Samso tells compelling stories by engaging business leaders to reveal insights beneficial to the investment community.


Contact Samso


Samso helps executives tell their stories to pique investor interest.

t/ +61 490 092 814

 

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