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Galileo Mining (GAL) investor relations material
Galileo Mining H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
FY2025 focused on advancing the Norseman Project, targeting Platinum Group Elements (PGE) with significant drilling at Mission Sill and Callisto, and maintaining exploration at Fraser Range.
Norseman Project expanded with over 9,800m aircore and 2,100m RC drilling, returning high-grade palladium and platinum intercepts, and extending mineralised zones.
Fraser Range Project saw early-stage drilling; no significant assays, but geological setting remains prospective for future exploration.
Strong financial position with $9.74 million cash at 30 June 2025, supporting ongoing exploration.
Financial highlights
Net loss of $1,160,880 for FY2025, compared to a profit of $3,374,077 in FY2024.
Cash on hand at year-end was $9,736,051, down from $13,617,755 the previous year.
Net assets totaled $46,993,637 at 30 June 2025, slightly down from $47,396,767 in FY2024.
No dividends declared or recommended for the year.
Share-based payment expense for the year was $757,750.
Outlook and guidance
Continued focus on systematic exploration at Norseman, with further aircore and RC drilling planned at Mission Sill and Callisto.
Additional drilling at Fraser Range to be guided by down-hole EM survey results and geochemical analysis.
Strong cash position enables full execution of planned exploration programs.
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