Galileo Mining hits record high on sulphides hit at WA project

Galileo Mining

26/05/2022 04:37

** Shares of of mining co Galileo Mining  GAL.AX  rise as
much as 51.9% to a record high of A$1.435
    ** GAL says it has intersected "significant" sulphide
mineralisation at Castillo discovery at its Norseman project in
Western Australia  urn:newsml:reuters.com:*:nASM000DC8
    ** Stock posts its biggest intra-day percentage gain since
May 16
    ** Says six reverse circulation holes were drilled at
Castillo to target a mineralised sulphide at the base of an
ultramafic sill
    ** Says a deeper diamond drilling has been planned for later
in the year to explore for further mineralisation
    ** GAL has more than quadrupled in value so far this year,
as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))