ASX: GAL

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