Galileo Mining Limited (ASX:GAL)

Brad Underwood
Chairman & MD
Market Cap (AUD): 44.55M
Sector: Materials
Last Trade (AUD): 0.265 +0 (+0%)
Tab Bar

1. About

Galileo Mining Limited (ASX:GAL) is a resources company exploring the Norseman and Fraser Range projects for base metals in south-east Western Australia.

Galileo Mining owns 100% of the Norseman Project and has JV's with the Creasy Group over highly prospective tenements in the Fraser Range.

The Fraser Range is known for the world class Nova nickel-copper-cobalt mine. Galileos 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 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.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk