Galileo Exploration Completes Phase One Exploration Program at Majuba Hill Property

VANCOUVER, British Columbia, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Galileo Exploration Ltd. (TSX-V:GXL) (the "Company") is pleased to announce that their planned Phase One 2017 Exploration program on its Majuba Hill property has been completed. Ongoing geologic and geophysical study is revealing other potential targets on the Project.

The Phase One Exploration program consisted of -

1. A program of compilation
2. Geologic orientation
3. Geophysical study
4. Core drilling
5. A field office and logging facility were established
6. Historic data was assembled and synthesized
7. Orientation rock geochemistry and geologic mapping were performed.

What Phase One Exploration entailed -

1. 6.6 km (4 mi) of Induced Polarization Chargeability study.
2. 70 km (43.5 mi) of ground magnetic line were measured.
3. Three HQ core holes were drilled at three separate sites, to test IP chargeability anomalies identified.
4. Favorable conditions allowed drilling of 898 meters (2947 ft.) - almost double the proposed program.
5. Following QA/QC protocols exceeding industry standards, H1 of MG17-01, has been shipped to lab for further evaluation. Results pending.

Ongoing Phase One Completion Agenda -

1. Samples from H1 MG17-01, following QA/QC protocols exceeding industry standards, were submitted to American Assay Labs of Reno, Nevada, for multi-element analysis, on November 29^th, 2017 with results pending.
2. Logging and core sawing for holes 2 and 3 and H2 of hole 1 and sampling are ongoing.
3. Logging, sawing, sampling, and shipping, following QA/QC protocols exceeding industry standards to American Assay Labs of Reno, Nevada are anticipated to be completed mid-December 2017. Results will be released when received.

Dave Mough, geologist, is the Qualified Person of Galileo Exploration Ltd. and has reviewed and approved the exploration data contained in this news release. Dave Mough is conducting all field operations regarding the Phase One Exploration program on behalf of Galileo Exploration Ltd.

Ron Rieder, CEO/President of Galileo Exploration Ltd. comments “Thank you Dave Mough for all your hard work and efforts to assist Galileo in the completion of phase one.

We would also like to thank the drilling crew from Marcus and Marcus Drilling, they saved us a lot of money because of their efficiencies, and thus allowed us to drill twice the footage we had originally planned to complete during Phase One Exploration. 

Durango Geophysics also deserves applause, as John and Zak Reynolds, went above and beyond our initial contract obligations at virtually no incremental cost to our shareholders. There too, we completed twice the lineage of IP Chargeability study, and kilometers more ground mag.”