Australia's Galileo Mining jumps most in over a week on assay results

Galileo Mining

03/03/2022 03:44

** Nickel-copper miner Galileo Mining  GAL.AX  rises as much
as 5.1% to A$0.205, biggest intraday pct gain since Feb. 16
    ** Says https://www.asx.com.au/asxpdf/20220303/pdf/456n5jv79f5r0z.pdf
 assay results show nickel-copper-cobalt-palladium close to
previously reported highly conductive EM targets at the
Jimberlana prospect, part of co's Norseman project in Western
Australia
    ** Adds range of targets continues to expand with
identification of new anomalies up to 500 metres away from known
massive sulphide mineralisation
    ** Stock hits highest level since Feb. 17
    ** Nearly 890,000 shares have changed hands, compared with
the 30-day average of about 310,000 shares 
    ** Stock has fallen ~13.3% YTD as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))