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GALILEO MINING LTD AGM Information 2020

Oct 7, 2020

64962_rns_2020-10-07_f80c1f9d-708e-40c6-9e0a-273008df519e.pdf

AGM Information

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8 October 2020

ASX: GAL

DATE OF ANNUAL GENERAL MEETING

Corporate Directory

Directors

Chairman & MD Brad Underwood

Technical Director Noel O’Brien

Non-Executive Director Mathew Whyte

Projects

Fraser Range Project Nickel-Copper

Galileo Mining Ltd (ASX: GAL) (the Company) advises that, in accordance with ASX Listing Rule 3.13.1, the Annual General Meeting ( AGM ) of the Company will be held at 10am (WST) on 25 November 2020.

In addition, the closing date for the receipt of nominations from persons wishing to be considered for election as a director is 14 October 2020. Any nominations must be received in writing no later than 5.00pm (WST) on 14 October 2020 at the Company’s registered office.

Shareholders will be advised of further details regarding the AGM in a separate Notice of Meeting, which will be provided to shareholders in due course. The Notice of Meeting will also be available on the ASX Company Announcements Platform and the Company’s website at www.galileomining.com.au

Norseman Project Cobalt-Nickel-Copper

Authorised for release by the Galileo Board of Directors.

Investor information: phone Galileo Mining on + 61 8 9463 0063 or email [email protected]

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Media:

David Tasker Managing Director Chapter One Advisors E: [email protected] T: +61 433 112 936

Contact Details

T: +61 8 9463 0063 E: [email protected] W: www.galileomining.com.au 13 Colin St, West Perth, WA

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About Galileo Mining:

Galileo Mining Ltd (ASX: GAL) is focussed on the exploration and development of nickel, copper and cobalt resources in Western Australia. GAL has Joint Ventures with the Creasy Group over tenements in the Fraser Range which are highly prospective for nickel-copper sulphide deposits similar to the operating Nova mine. GAL also holds tenements near Norseman with over 26,000 tonnes of contained cobalt, and 122,000 tonnes of contained nickel, in JORC compliant resources (see Figure 1 below).

Figure 1: JORC Mineral Resource Estimates for the Norseman Cobalt Project (“Estimates”) (refer to ASX “Prospectus” announcement dated May 25[th] 2018 and ASX announcement dated 11[th] December 2018, accessible at http://www.galileomining.com.au/investors/asx-announcements/). Galileo confirms that all material assumptions and technical parameters underpinning the Estimates continue to apply and have not materially changed).

Cut‐off
Cobalt %
Class Tonnes Mt Co Ni
% Tonnes % Tonnes
MT THIRSTY SILL
0.06 % Indicated
Inferred
Total
10.5
2.0
12.5
0.12
0.11
0.11
12,100
2,200
14,300
0.58
0.51
0.57
60,800
10,200
71,100
MISSION SILL
0.06 % Inferred 7.7 0.11 8,200 0.45 35,000
GOBLIN
0.06 % Inferred 4.9 0.08 4,100 0.36 16,400
TOTAL JORC COMPLIANT RESOURCES
0.06 % Total 25.1 0.11 26,600 0.49 122,500

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