Our Company
Galileo Mining listed on the Australian Securities Exchange (ASX) under the code GAL on the 29th May 2018, raising $15 million in IPO funding.
The Company is focused on the exploration and development of palladium, nickel, copper, and cobalt resources in Western Australia.
Galileo’s 100%-owned tenements near Norseman are highly prospective for palladium-copper-nickel sulphide deposits as highlighted by the Callisto discovery in 2022.
The Callisto deposit has a JORC compliant indicated and inferred resource of 17.5Mt @ 1.04g/t 4E1, 0.20% Ni, 0.16% Cu (2.3g/t Palladium Equivalent). The Norseman project has over 250 square kilometres of tenure and is highly prospective for further palladium, platinum, nickel and copper discoveries.
The Company also has Joint Ventures with the Creasy Group over tenements in the Fraser Range which are prospective for nickel-copper sulphide deposits similar to the operating Nova nickel mine.
Prior to ASX listing, Galileo was privately owned by renowned prospector Mark Creasy while Galileo Managing Director Brad Underwood spent eight years as General Manager of the Creasy Group’s exploration within the Fraser Range and Norseman regions.
Mr Creasy continues to be the largest shareholder with a 27.5% shareholding, ASX Listed IGO Ltd (ASX:IGO) holds 8.3%, and Directors and management have a combined 5.9% shareholding of the Company.
14E = Palladium (Pd) + Platinum (Pt) + Gold (Au) + Rhodium (Rh) expressed in g/t
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
Updated JORC Compliant Mineral Resource completed at Norseman
2018
Listed on the ASX under the ticker GAL, raising $15 million in IPO funding
2020
Nickel Sulphides confirmed at Fraser Range project
2022
Major discovery at Norseman Project – Significant palladium-platinum-copper-nickel sulphide discovered from RC drilling at the Callisto prospect
2024
Ongoing drilling and exploration programs at the Norseman and Fraser Range Projects