Galileo Mining Ltd. Stock Analysis GAL.AX

Galileo Mining Ltd. is a mineral exploration company, which engages in the provision of exploration and development of mining tenements. The company is headquartered in Perth, Western Australia. The company went IPO on 2018-05-29. The firm is focused on the exploration and development of palladium, nickel, copper, and cobalt resources in Western Australia. The company has two prospective West Australian resource and exploration projects: the Norseman Project and the Fraser Range Project. The Norseman Project contains the Callisto Discovery and adjacent regional prospects Jimberlana and Mission Sill with potential for palladium, platinum, nickel, copper, cobalt, and rhodium mineralization. The Company’s tenure at Norseman project comprises exploration and prospecting licenses covering a total area of over 278 square kilometers (km2). The Fraser Range project covers exploration licenses totaling 602 square kilometers in the Albany-Fraser Orogen. The Fraser Range Project with exploration tenements prospective for nickel-copper-cobalt deposits. The Fraser Range tenure is located across two areas: the North Fraser Range and the South Fraser Range projects.