GALILEO MINING LTD — Capital/Financing Update 2019

Apr 7, 2019

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8 April 2019 ASX: GAL

FRASER RANGE UPDATE

Highlights

Corporate Directory

Directors

Non-Executive Chairman Simon Jenkins

Managing Director Brad Underwood

Technical Director Noel O’Brien

Fast Facts

Fast Facts
Issued Shares	120.4m
Share Price	$0.15
Market Cap	$18.1m
Cash (31/12/18)	$9.1m

Projects

Norseman Cobalt Project Fraser Range Nickel Project

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• Final samples from aircore drilling program at the Lantern Prospect confirm anomalous nickel with a best result of: o 7m @ 0.18% nickel from 45m (drill hole LAAC075)

• Maiden program at Lantern has defined a large-scale suite of nickel prospective intrusions over a seven-kilometre horizon

• Petrography results from Lantern verifies rock types capable of hosting magmatic nickel mineralisation

• Extensive ground electro-magnetic survey at the Lantern Prospect to commence in May

• Drilling approvals received for the Empire Rose Prospect with drilling scheduled for May

Galileo Mining Ltd (ASX: GAL, “Galileo” or the “Company”) is pleased to announce the final drilling and petrology results from maiden aircore drilling at the Company’s Lantern Prospect within the Fraser Range province in Western Australia. The latest nickel assays have confirmed the highly prospective nature of the Lantern area. Petrography -the scientific description of rock compositionand drilling results have also demonstrated that mafic-ultramafic rocks, with the capacity to host magmatic nickel mineralisation, occur at Lantern as large-scale intrusions over at least seven kilometres.

The aircore drilling program has successfully delineated target zones within the Lantern area of sufficient scale to potentially host significant volumes of economic mineralisation. Ground electro-magnetic (EM) surveying designed to look for conductors associated with nickel sulphide mineralisation is planned to commence in May.

Contact Details

T: +61 8 9463 0063 E: info@galmining.com.au W: www.galileomining.com.au

Drilling approvals at the Company’s Empire Rose Prospect, 30 kilometres from the Nova mine site in the Fraser Range, have been received. Empire Rose is a well-developed prospect with initial aircore drilling results including 36 metres @ 0.2% nickel[(1)] . Follow up EM and induced polarisation (IP) surveying defined a conductive target with potential for sulphide mineralisation. Drill testing of the Empire Rose prospect is scheduled to start in May with a Reverse Circulation (RC) pre-collar to be followed by a diamond drill tail through the target zone.

(1) Refer to the Company’s ASX announcements dated 11th March 2019 accessible at

https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=gal&timeframe=Y&year=2018

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Commenting on the latest results, Galileo Managing Director Brad Underwood said the Lantern area had exceeded expectations, and with the upcoming drilling at Empire Rose the Fraser Range Project is becoming a major focus for the Company.

“Our exploration team at Galileo has come out of the privately owned Creasy Group where we previously made the Silver Knight discovery in the Fraser Range. We currently hold a high quality land package in the Fraser Range, in Joint Venture with the Creasy Group, and are aiming to repeat our earlier success. The first round of aircore drilling at Lantern has delivered numerous positive indicators with sample results, mineralogy, and rock types, all increasing the prospectivity of the area.”

“The upcoming work at Empire Rose will be the first time Galileo has conducted deep drilling in the Fraser Range. Empire Rose is a stand-out target and it is an exciting time for the Company as we prepare for drill testing.”

First round drilling at the Lantern Prospect concluded with 76 drill holes completed for a total of 4,451 metres. Drill holes were designed to test for prospective rock types at a number of locations around the Lantern area. Geochemical, petrographical, and drill hole logging data show that multiple prospective intrusions have been identified over a horizon of approximately seven kilometres length.

Figure 1 – Plan View of Maiden Lantern Aircore Drilling over TMI Magnetic Image with Prospective Rock Units (Interpreted Intrusions) Identified from Drill Holes

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Rock types identified by petrography work include gabbro, gabbro-norite, pyroxenite, peridotite and mafic cumulates. These rock types are frequently found in association with magmatic nickel ore systems and are a particularly good sign of the prospectivity of the area. Prospective rock units occur over a significant distance indicating the area has a suitable scale to potentially host an economic mineralised system. The maiden drilling program was successful in achieving all the aims of a first pass test with confirmation of rock types being one of several key criteria for moving the prospect forward to further work programs.

Follow up work will include a wide-ranging ground EM survey designed to identify electrically conductive signatures that may be related to economic sulphide mineralisation. Depth of cover was found to be relatively shallow with sedimentary cover rocks generally 40 to 60 metres thick over the underlying target rock units. Due to the shallow cover it is expected that ground EM will be an effective technique to efficiently penetrate beneath the overburden into the target rocks. EM surveying is planned to begin in May with results anticipated from June onwards.

Figure 2 – Plan View of Geochemical Anomalous Area at the Lantern Prospect over TMI Magnetic Image

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A zone of geochemical anomalism, at the south eastern end of the Lantern Prospect, has been identified in a differentiated intrusion with nickel and copper values signifying the potential for mineralisation. This zone will be a focus area for the upcoming EM survey. Aircore drilling has only pierced the top of the Proterozoic

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bedrock in a limited section of the interpreted intrusion and considerable potential exists for the discovery of mineralisation both adjacent to the geochemical anomaly and within the much larger Lantern area.

Table 1 – Lantern Prospect Drillhole LAAC075 Anomalous Drill Results (0.05% Nickel cut-off).

Hole_ID	From	To	Interval	Ni%	Cu%	Co%	Lithology
LAAC075	45	46	1	0.075	0.009	0.004	saprolite
LAAC075	46	47	1	0.067	0.008	0.003	saprolite
LAAC075	47	48	1	0.233	0.014	0.016	saprolite
LAAC075	48	49	1	0.248	0.004	0.032	saprolite
LAAC075	49	50	1	0.239	0.005	0.039	ultramafic
LAAC075	50	51	1	0.180	0.005	0.025	ultramafic
LAAC075	51	52	1	0.218	0.004	0.025	Ultramafic - Aqua Regia Digest
LAAC075	51	52	1	0.300	0.005	0.031	Ultramafic - 4 Acid Digest

Collar details in Appendix 1.

Empire Rose Prospect

Department of Mines drilling approvals have been received for planned programs at the Empire Rose prospect. The Empire Rose Prospect is a well-developed target where initial aircore drilling identified mafic and ultramafic rock types with the potential to host mineralisation. Subsequent EM and IP geophysical surveys successfully identified a strong conductor at approximately 250 metres below surface[ (2)] . Drill testing of this target is scheduled to begin in May with an RC pre-collar to be followed by a diamond tail drilled through the target zone.

Figure 3 – Empire Rose Prospect cross section EM conductor, IP Target and Planned Drill Hole

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(2) Refer to the Company’s ASX announcements dated 30th October 2018 & 21st January 2019 accessible at https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=gal&timeframe=Y&year=2018

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Figure 4 – Galileo’s Fraser Range tenement holdings (blue) with Empire Rose, Nightmarch and Lantern Prospect locations as marked. Silver Knight and Nova deposits are shown by mine symbols

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Competent Person Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Brad Underwood, a Member of the Australasian Institute of Mining and Metallurgy, and a full time employee of Galileo Mining Ltd. Mr Underwood has sufficient experience that is relevant to the styles of mineralisation and types of deposit under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). Mr Underwood consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Investor information: phone Galileo Mining on + 61 8 9463 0063 or email info@galmining.com.au

Media: David Tasker Managing Director Chapter One Advisors E: dtasker@chapteroneadvisors.com.au T: +61 433 112 936

About Galileo Mining:

Galileo Mining Ltd (ASX: GAL) is focussed on the exploration and development of cobalt and nickel resources in Western Australia. GAL 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 5 below). GAL also has Joint Ventures with the Creasy Group over tenements in the Fraser Range which are highly prospective for nickelcopper-cobalt sulphide deposits.

Figure 5: 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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Appendix 1:

Aircore Drillhole Details

Hole ID	Prospect	East	North	RL	Dip	Azimuth	Depth
LAAC001^	Lantern	608168	6548660	189	-90	Vertical	83
LAAC002^	Lantern	608303	6548795	190	-90	Vertical	61
LAAC003^	Lantern	608445	6548958	191	-90	Vertical	55
LAAC004^	Lantern	608588	6549096	189	-90	Vertical	59
LAAC005^	Lantern	608744	6549240	189	-90	Vertical	65
LAAC006^	Lantern	608883	6549370	191	-90	Vertical	85
LAAC007^	Lantern	609023	6549519	193	-90	Vertical	79
LAAC008^	Lantern	609172	6549651	193	-90	Vertical	79
LAAC009^	Lantern	609316	6549803	194	-90	Vertical	56
LAAC010^	Lantern	609106	6549590	193	-90	Vertical	38
LAAC011^	Lantern	609117	6549599	193	-90	Vertical	86
LAAC012^	Lantern	609243	6549722	193	-90	Vertical	71
LAAC013^	Lantern	609205	6549688	193	-90	Vertical	75
LAAC014^	Lantern	609142	6549624	193	-90	Vertical	84
LAAC015^	Lantern	609436	6549934	196	-90	Vertical	57
LAAC016^	Lantern	609799	6551008	190	-90	Vertical	49
LAAC017^	Lantern	610002	6551013	191	-90	Vertical	35
LAAC018^	Lantern	610205	6551000	192	-90	Vertical	23
LAAC019^	Lantern	610408	6551004	191	-90	Vertical	12
LAAC020^	Lantern	610607	6551014	190	-90	Vertical	43
LAAC021^	Lantern	610804	6551002	188	-90	Vertical	43
LAAC022^	Lantern	610998	6551006	188	-90	Vertical	53
LAAC023^	Lantern	611213	6550997	188	-90	Vertical	48
LAAC024^	Lantern	611412	6551014	188	-90	Vertical	64
LAAC025^	Lantern	611605	6550993	185	-90	Vertical	64
LAAC026^	Lantern	611801	6551005	184	-90	Vertical	58
LAAC027^	Lantern	612016	6551000	185	-90	Vertical	27
LAAC028*^	Lantern	612220	6551001	188	-90	Vertical	30
LAAC029*	Lantern	612412	6551002	188	-90	Vertical	41
LAAC030*	Lantern	607955	6549559	190	-90	Vertical	74
LAAC031*	Lantern	608105	6549414	190	-90	Vertical	81
LAAC032*	Lantern	608249	6549275	190	-90	Vertical	96
LAAC033*	Lantern	608393	6549135	190	-90	Vertical	83
LAAC034*	Lantern	608665	6548847	189	-90	Vertical	57
LAAC035*	Lantern	608805	6548700	189	-90	Vertical	65
LAAC036*	Lantern	608958	6548557	188	-90	Vertical	78
LAAC037*	Lantern	609095	6548425	187	-90	Vertical	69
LAAC038*	Lantern	609236	6548282	187	-90	Vertical	63

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	LAAC039*^	Lantern	609381	6548131	188	-90	Vertical	76
	LAAC040^	Lantern	609523	6548000	188	-90	Vertical	49
	LAAC041^	Lantern	609655	6547886	186	-90	Vertical	82
	LAAC042^	Lantern	609697	6547866	186	-90	Vertical	53
	LAAC043^	Lantern	609608	6547906	186	-90	Vertical	63
	LAAC044*^	Lantern	611100	6549894	193	-90	Vertical	60
	LAAC045*	Lantern	611438	6549923	194	-90	Vertical	26
	LAAC046*	Lantern	611999	6549887	192	-90	Vertical	101
	LAAC047*	Lantern	611418	6549898	194	-90	Vertical	50
	LAAC048*	Lantern	609490	6550196	195	-90	Vertical	54
	LAAC049*	Lantern	609485	6550395	194	-90	Vertical	55
	LAAC050*	Lantern	609490	6550576	192	-90	Vertical	51
	LAAC051*	Lantern	609494	6550802	189	-90	Vertical	60
	LAAC052*	Lantern	605990	6553255	196	-90	Vertical	61
	LAAC053*	Lantern	606266	6552984	196	-90	Vertical	29
	LAAC054*	Lantern	606579	6552711	195	-90	Vertical	43
	LAAC055*	Lantern	606902	6552462	195	-90	Vertical	42
	LAAC056*	Lantern	607193	6552200	192	-90	Vertical	57
	LAAC057*	Lantern	607496	6551942	192	-90	Vertical	59
	LAAC058*	Lantern	607045	6552321	193	-90	Vertical	52
	LAAC059*	Lantern	606758	6552582	195	-90	Vertical	37
	LAAC060*	Lantern	606435	6552841	196	-90	Vertical	16
	LAAC061*	Lantern	606106	6553108	195	-90	Vertical	42
	LAAC062*	Lantern	606097	6549378	195	-90	Vertical	61
	LAAC063*	Lantern	606397	6549674	196	-90	Vertical	58
	LAAC064*	Lantern	606665	6549953	197	-90	Vertical	55
	LAAC065*	Lantern	606954	6550248	193	-90	Vertical	59
	LAAC066*	Lantern	607217	6550518	194	-90	Vertical	53
	LAAC067*	Lantern	607511	6550809	192	-90	Vertical	66
	LAAC068*	Lantern	607782	6551109	193	-90	Vertical	63
	LAAC069*	Lantern	608055	6551378	191	-90	Vertical	57
	LAAC070*	Lantern	609440	6548070	187	-90	Vertical	52
	LAAC071*	Lantern	609664	6547932	187	-90	Vertical	81
	LAAC072*	Lantern	609698	6547970	188	-90	Vertical	69
	LAAC073*	Lantern	609733	6547935	187	-90	Vertical	72
	LAAC074*	Lantern	609769	6547905	186	-90	Vertical	68
	LAAC075*	Lantern	609728	6547861	186	-90	Vertical	52
	LAAC076*	Lantern	609409	6548103	188	-90	Vertical	78

Note: Easting and Northing coordinates are GDA94 Zone 51.

*Assay results new to this release

^Assays previously released

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Appendix 2:

Galileo Mining Ltd – Fraser Range Project JORC Code, 2012 Edition – Table 1

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria	JORC Code explanation	Commentary
Sampling techniques	• Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	•Aircore drilling was completed on traverses testing aeromagnetic or/and ground based gravity targets. •Drill cuttings representative of each 1m down hole interval of sample return were collected direct from the drill rig sample return system (cyclone) into a 20-litre plastic bucket and ground dumped in rows. •Each 1m sample pile from the residual (non-transported) portion of each hole was spear sampled to obtain representative 1 metre sub-samples to end of hole for laboratory analysis. A 1m bottom of hole sub-sample was also collected for laboratory analysis. •Sub-sample weights were in the range 2-3kg. •Certified QAQC standards (blank & reference) and field duplicate samples were included routinely with 1 per 20 primary sub samples being a certified standard, blank or a field duplicate. •Samples were submitted to an independent commercial assay laboratory. •All assay sample preparation comprised oven drying, jaw crushing, pulverising and splitting to a representative assay charge pulp. •A 25g pulped sample charge was digested using Aqua Regia (AR25/MS33) and ICP-MS was used to determine a 33 element suite: Au, Ag, Al, As, B, Ba, Bi, Ca, Cd, Ce, Co, Cr, Cu, Fe, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, S, Sb, Sc, Sr, Te, Ti, Tl, V, W, Zn. •An additional single metre sample of the last metre (EOH) drilled in each hole was spear sampled to obtain a representative sample for analyses. •A 50g pulped sample charge from the EOH sample was assayed by Fire Assay, ICP-MS determination (FA50/MS) for Au, Pt, Pd. •A 1g pulped sample chargefromthe

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	Criteria	JORC Code explanation	Commentary
			EOH sample was digested using Four Acid (4A/MS48) and assayed using a 48 element analysis suite: Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W,Y,Zn,Zr byICP-MS.
	Drilling techniques	• Drill type (eg core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is _oriented and if so, by what method, etc). _	•The Aircore drilling method was used with an 85mm blade bit. •Drillpower was the drilling contractor for the program utilising a KL150 model rig.
	Drill sample recovery	• Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	•Sample recoveries are visually estimated for each metre by the geologist supervising the drilling. Poor or wet samples are recorded in the drill and sample log sheets. •The sample cyclone was routinely cleaned between holes and when deemed necessary within the hole. •No relationship has been determined between sample recovery and grade and there is insufficient data to determine if there is a sample bias.
	Logging	• Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. • The total length and percentage of the relevant intersections logged.	•Geological logging of drill holes was done on a visual basis with logging including lithology, grainsize, mineralogy, texture, deformation, mineralisation, alteration, veining, colour and weathering. •Logging of drill chips is semi- quantitative and based on the presentation of representative drill chips retained for all 1m sample intervals in the chip trays. •All drill holes were logged in their entirety
	Sub-sampling techniques and sample preparation	• If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.	•All Aircore drill samples were collected using a PVC spear as 3m composites (2-3kg). Other composites of 2m and 1m were collected where required ie, at the bottom of hole or through zones of interest as identified by the geologist supervising the program. A specific 1m bottom of hole sub-sample was also collected by PVC Spear (2-3kg). •QAQC reference samples and duplicates were routinely submitted with each batch. •The sample size is considered appropriate for the mineralisation style, application and analytical techniques used.

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	Criteria	JORC Code explanation	Commentary
		• Whether sample sizes are appropriate to the grain size of the material being sampled.
	Quality of assay data and laboratory tests	• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.	•Aircore composite samples were analysed for a multielement suite (33 elements) by ICP-MS following an Aqua Regia digest. •Bottom of hole Aircore Chip samples were analysed for a multielement suite (48 elements) by ICP-MS following a Four Acid Digest as well as for Au, Pt, Pd by Fire Assay with ICP-MS determination. •The assay methods used are considered appropriate. •QAQC standards and duplicates were routinely included at a rate of 1 per 20 samples •Further internal laboratory QAQC procedures included internal batch standards and blanks •Sample preparation was completed at Intertek-Genalysis Laboratory, (Kalgoorlie) with digest and assay conducted by Intertek-Genalysis Laboratory Services (Perth). Using methods; AR25/MS33 (Au and multi- element for composites samples), and 4A/MS48 for multi-elements and FA50/MS for Au on bottom of hole samples
	Verification of sampling and assaying	• The verification of significant intersections by either independent or alternative company personnel. • The use of twinned holes. • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • Discuss any adjustment to assay data.	•Field data is collected on site using a standard set of logging templates entered directly into a laptop computer. Data is then sent to the Galileo database manager (CSA Global - Perth) for validation and upload into the database. •Assays are as reported from the laboratory and stored in the Company database and have not been adjusted in anyway.
	Location of data points	• Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. • Specification of the grid system used. • Quality and adequacy of topographic control.	•Aircore drill hole collars are surveyed with a handheld GPS with an accuracy of +/-5m which is considered sufficient for drill hole location accuracy. •Co-ordinates are in GDA94 datum, Zone 51. •Downhole depths are in metres from surface. •Topographic control has an accuracy of 2m based on detailed satellite imagery derivedDTM.

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	Criteria	JORC Code explanation	Commentary
	Data spacing and distribution	• Data spacing for reporting of Exploration Results. • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. • Whether sample compositing has been applied.	•Aircore drill traverse spacing is not regular, the holes being placed to provide a systematic traverse pattern coverage of the geophysical domain/target area of interest. •Drill spacing along traverses has been at selective 200m, 100m or 50m intervals specific to the target zone and ongoing observations from the geologist during the drilling program. This spacing has been deemed adequate for first pass assessment only and is not considered sufficient to determine JORC Compliant Inferred Resources and therefore laboratory assay results and additional drilling would be required. •Drill holes were sampled in the residual (non-transported) portion of the profile on a 3m composite basis or as 1m or 2m samples as determined by the end of hole depth or under instruction from the geologist supervising the program. A 1m sub- sample from end of hole has also been collected.
	Orientation of data in relation to geological structure	• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	•All holes are vertical. •It is unknown whether the orientation of sampling achieves unbiased sampling of possible structures as the target setting is hosted in soft regolith material with no measurable structures recorded in drill core. •No quantitative measurements of mineralised zones/structures exist and all drill intercepts are reported as down hole length, true width unknown. Blade refusal depth of the drill rig will vary due to rock type, structure and alteration intersected as well as in-hole drillingconditions.
	Sample security	• The measures taken to ensure sample security.	•Each sub-sample was put into and tied off inside a calico bag. •Several of the samples were placed in a large plastic “polyweave” bag which are then zip tied closed, for transport to laboratory analysis no loss of material. •Laboratory analysis samples are delivered directly to the laboratory in Kalgoorlie byGalileo staff.
	Audits or reviews	• The results of any audits or reviews of sampling techniques and data.	•Continuous improvement internal reviews of sampling techniques and procedures are ongoing. No external audits have beenperformed.

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Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria	JORC Code explanation	Commentary
Mineral tenement and land tenure status	• Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	•The Fraser Range Project comprises four granted exploration licenses, covering 492km2 •Kitchener JV tenement E28/2064 (67% NSZ Resources Pty Ltd, 33% Great Southern Nickel Pty Ltd). •Yardilla JV tenements: E63/1539, E63/1623, E63/1624 (67% FSZ Resources Pty Ltd, 33% Dunstan Holdings Pty Ltd) •NSZ Resources Pty Ltd & FSZ Resources Pty Ltd are wholly owned subsidiaries of Galileo Mining Ltd. •Great Southern Nickel Pty Ltd and Dunstan Holdings Pty Ltd are entities of Mark Creasy •The Kitchener Area is approximately 250km east of Kalgoorlie on vacant crown land and on the Boonderoo Pastoral Station. •The Yardilla Area is approximately 90km east of Norseman on vacant crown land and on the Fraser Range Pastoral Station. •Both the Kitchener Area and the Yardilla Area are 100% covered by the Ngadju Native Title Determined Claim. •The tenements are in good standing and there are no known impediments.
Exploration done by other parties	• Acknowledgment and appraisal of exploration by other parties.	•NA
Geology	• Deposit type, geological setting and style of mineralisation.	•The target geology is indicative of magmatic sulphide mineralisation hosted in or associated with mafic-ultramafic intrusions within the Fraser Complex of the Albany-Fraser Orogeny. •The underlying unweathered lithology is granulite facies metamorphosed and partially retrogressed sedimentary, mafic and ultramafic igneous rocks as determined by petrographic work.
Drill hole Information	• A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length. • _Ifthe exclusion of this information _	•Refer to drill hole collar and intercept reporting table in the body of this report

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	Criteria	JORC Code explanation	Commentary
		is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly _explain why this is the case. _
	Data aggregation methods	• In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. • The assumptions used for any reporting of metal equivalent values should be clearly stated.	•Weighted averaging has been used, based on the sample interval, for the reporting of drilling results. •Aggregation procedures include the use of a 500ppm Nickel assay lower cut for individual assays with Ni, Cu and Co assays reported for the >500ppm Ni interval. •No internal or external Ni dilution is used.
	Relationship between mineralisation widths and intercept lengths	• These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).	•It is unknown whether the orientation of sampling achieves unbiased sampling of possible structures as the host formations are soft regolith material with no measurable structures recorded in drill core. •The mineralisation occurs in highly weathered regolith material and no structures have been recorded from drilling. •No quantitative measurements of mineralised zones/structures exist, and all drill intercepts are reported as down hole length in metres, true width unknown.
	Diagrams	• Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate _sectional views. _	•Project location map, plan map and section map of the drill hole locations with respect to each other and with respect to other available data. •Drill hole locations have been determined with hand-held GPS drill hole collar location (Garmin GPS 78s) +/- 5m in X/Y/Z dimensions
	Balanced reporting	• Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading _reporting of Exploration Results. _	•All available relevant information is presented.
	Other substantive	• Other exploration data, if meaningful and material, should be reported including (but not limited	•Detailed 50m line spaced aeromagnetic data has been used for interpretation of underlying geology. Datawas collected using a Geometrics G-823

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	Criteria	JORC Code explanation	Commentary
	exploration data	to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating _substances. _	Caesium vapor magnetometer at an average flying height of 30m. •Petrography work has been completed on drill chips from the Lantern Prospect by Mr Dick England, Consulting Petrographer.
	Further work	• The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling). • Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is _not commercially sensitive. _	•Further Aircore drilling will be planned based on current results and the results of planned MLEM surveying •MLEM surveying has been planned to cover areas of interest defined by the drilling program.

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