Galileo Mining

Galileo Mining

  • Stand:
  • MH52
  • Location: Australia
  • Tickers:
  • Commodities:
    • Cobalt
    • Copper
    • Nickel
  • Project Stages:
    • Exploration

Galileo is a well-funded and active exploration company focussed on its highly prospective Fraser Range and Norseman projects in Western Australia. At the Fraser Range, Galileo has two project areas with strong potential for nickel. The operating Nova nickel mine, owned by IGO Ltd – Galileo’s second largest shareholder, sits between the two Galileo project areas. 

The Fraser Range is known for the world class Nova nickel-copper-cobalt mine owned by IGO. 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 at the Fraser Range in a Joint Venture partnership with the Creasy Group.

At Galileo’s 100% owned Norseman project the company has a 25Mt cobalt-nickel resource containing over 26,000 tonnes of cobalt and 122,000 tonnes of nickel. The project is located adjacent to the regional town of Norseman in an infrastructure-rich area of Western Australia and is just two hours’ drive from the deep-water Port of Esperance. 

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Galileo Mining
  • asx: gal

    • 0.045 (20.93%)

* Based on previous 12 months performance

Open 0.25000 Volume 74931
High 0.26000 52w High 0.43000
Low 0.25000 52w Low 0.18500
Close 0.26000

* 19 October 2021 (AUD)

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