Australia's Galileo Mining jumps as drilling shows high-grade base metals

Galileo Mining

04/01/2023 01:56

** Shares of Galileo Mining Ltd  GAL.AX  jump as much as
7.9% to A$0.885, their highest since Dec 23
    ** The base metals miner says drilling at its Callisto mine
in Western Australia delivered high-grade results palladium,
nickel and copper grades  urn:newsml:reuters.com:*:nASXbCT32v
    ** Says drilling results show the highest individual copper
and gold grades drilled to date
    ** More than 432,586 shares change hands, vs the 30-day
average volume of 366,659 shares
    ** Stock down 4.4% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))