Galileo’s Exploration Hinge: Pending Assays Could Make or Break Norseman Momentum
Galileo Mining reports a robust cash position and promising exploration progress at its Norseman Project, with high-grade gold and PGE assay results expected soon. A large-scale gravity survey and a 2,000m drilling program underpin plans for an active 2026 exploration campaign.
- Strong cash balance of approximately A$9.1 million at December 2025
- Receipt of A$1 million from Mineral Resources Ltd under Norseman Lithium JV
- Completion of 2,000m RC drilling targeting gold and PGE mineralisation
- High-grade aircore drilling results at Mission Sill prospect with assays pending
- Large-scale gravity survey completed to refine geological targets
Robust Funding Supports Exploration Momentum
Galileo Mining Ltd (ASX, GAL) closed 2025 with a strong cash position of around A$9.1 million, bolstered by a A$1 million tranche payment from Mineral Resources Ltd under their Norseman Lithium Joint Venture. This financial strength provides Galileo with the flexibility to advance its exploration programs systematically throughout 2026, maintaining momentum in a competitive mining sector.
Encouraging Drilling Results at Norseman
The company completed a 2,000-metre reverse circulation (RC) drilling campaign in December targeting key prospects at the Norseman Project, including Mission Sill, Jimberlana South, and Callisto North. These areas are geologically analogous to the nearby Callisto deposit, which hosts significant palladium, platinum, gold, nickel, and copper mineralisation. While assay results from this drilling are still pending, they are eagerly anticipated in late January to early February and could validate the project's high-grade potential.
Mission Sill Prospect Shows High-Grade Potential
Earlier aircore drilling at the Mission Sill prospect revealed standout results, including a 1-metre intercept grading 13.7 grams per tonne gold with 3.2 grams per tonne palladium. These findings confirm the prospectivity of the Eastern Contact Zone, extending over a 10-kilometre strike length, and provide a compelling geological rationale for the recent RC drilling program.
Gravity Survey Enhances Geological Understanding
In a significant technical milestone, Galileo completed a large-scale gravity survey covering over 3,000 stations across the Norseman Project. This high-resolution dataset is being integrated with existing geological, geochemical, and geophysical information to refine subsurface models and prioritise drill targets. The survey’s detailed coverage of the Callisto resource and Mission Sill prospect is expected to sharpen exploration focus and improve the chances of new discoveries.
Fraser Range JV Under Review
Meanwhile, Galileo continues to review its Fraser Range Joint Venture with the Creasy Group, interpreting drill results and geophysical data to plan future work. Although the Norseman Project remains the company’s exploration priority, the Fraser Range tenure offers additional upside in a region known for nickel-copper sulphide deposits.
Looking Ahead
Galileo’s near-term plans include reporting the pending RC assay results, preparing follow-up drilling programs, completing gravity data interpretation, and potentially undertaking deep drilling beneath the Callisto deposit, subject to rig availability. With a substantial resource already defined at Callisto and promising exploration underway, Galileo is positioning itself as a key player in Western Australia’s evolving mineral district.
Bottom Line?
As assay results loom and gravity data unlocks new targets, Galileo’s 2026 exploration campaign could redefine the Norseman district’s mineral potential.
Questions in the middle?
- Will the pending RC drilling assays confirm high-grade mineralisation continuity at Mission Sill and other prospects?
- How will the integration of gravity survey data influence the prioritisation of new drill targets across Norseman?
- What is the timeline and potential impact of deep drilling beneath the Callisto deposit on resource expansion?
