Mark-Creasy backed Galileo Mining (ASX:GAL) continues the hunt for nova-style nickel from Western Australia’s Fraser Range, with the prospector announcing “outstanding” results from induced polarisation geophysical work at its Empire Rose prospect.
The IP survey – a form of exploration for sulphide mineralisation – delivered a highly chargeable response, indicating the presence of a geological anomaly.
Galileo will build confidence in Empire Rose based off the result, with today’s news adding to previous successful electromagnetic survey work, as well as some first pass drilling which signified the presence of nickel.
According to Galileo managing director Brad Underwood, the company will now have a drill-ready target which will be watched closely by Fraser Range bulls.
The recent IP results, combined with both the previous EM survey and the significant drill intercepts from the initial drill campaign in 2018, have produced a high-quality target ready for drill testing.
“Previously reported shallow drill results at the Empire Rose Prospect included 36m @ 0.2% nickel from 18m and encouraging geology suggesting real potential at depth.
“Drilling permits are pending with the Mines Department and we are looking forward to drilling this exciting target with the chance of making a substantial discovery,” he said.
The miner has reported that its upcoming drill program intends to intersect the conductive and chargeable target at 250m below surface.
Drilling will commence as soon as possible after receipt of drilling approvals from the Mines Department.
The Fraser Range project is a joint venture with the Creasy Group comprising two tenement blocks of exploration licences totalling 727.4 km2.
The joint venture is targeting massive sulphide deposits, similar to the Nova-Bollinger and Silver Knight nickel-copper discoveries.