Nickel Exploration
| Our Entry Price $ | Current Price $ | Current Return | Highest Price $ | Highest Return |
|---|---|---|---|---|
| $ 0.150 | $ 0.370 | 147% | $ 0.450 | 200% |
Overview
Galileo Mining (ASX: GAL) is focused on the discovery of base metals in Western Australia. The company is exploring for large scale magmatic nickel copper deposits in the Fraser Range and for high grade nickel-copper-cobalt resources at its Norseman project.
The company has launched its 2021 exploration field programs at the Fraser Range Nickel Project, having commenced electromagnetic surveying as it targets conductors associated with previously identified nickel sulphide mineralisation.
In tandem with these initiatives, management is preparing for the first reverse circulation (RC) drilling programme of 2021 that should begin in February.
The key targets for initial drilling campaign are an electromagnetic conductor on the margin of a large intrusion (Lantern East), and sulphide mineralisation associated with an ultramafic intrusion (Lantern South).
Galileo also anticipates drill testing its Norseman Project for nickel sulphides in the June quarter of 2021.
Why we have invested...
Our Latest Articles on Galileo Mining
| Type | Date | Share Price $ | Title |
|---|---|---|---|
| Article | 20-Jan-2021 | $ | DOUBLE DOWN ALERT: We Have Just Increased Our Holdings in this Stock |
| Article | 20-Jan-2021 | $ | GAL Ready for Fraser Range Drilling - Starts in Coming Weeks |
| Article | 07-Jan-2021 | $ | Our Stock Picks for 2021 |
| Article | 21-Aug-2020 | $ 0.340 | GAL Just Days Away from Fraser Range Diamond Drilling |
| Article | 13-Jul-2020 | $ 0.280 | Game Time for GAL: WA Nickel Explorer Set to Drill Advanced Targets |
| Article | 23-Apr-2020 | $ 0.230 | GAL Drilling Tomorrow – Accelerating in Fraser Range Race to Catch $440M LEG |
| Article | 30-Mar-2020 | $ 0.175 | Fraser Range Heats Up: $18M GAL Closely Tracking Big Brother $158M LEG |
| Article | 03-Mar-2020 | $ 0.165 | Is this Mark Creasy Backed ASX Stock the Most Highly Leveraged to a Nickel Discovery? |
Market Data
Latest Article
DOUBLE DOWN ALERT: We Have Just Increased Our Holdings in this Stock
Jan 20, 2021
We have held Galileo Mining (ASX: GAL) since March last year, and over the last few weeks we have doubled our position in this stock. We invested in GAL, as we are seeking a return of multiples of our original investment - which is possible if GAL makes a large discovery.
