Shares in mineral explorer Galileo Mining (ASX:GAL) gained as much as 7.9% to reach A$0.48, marking their most significant intraday percentage rise since July 4.

The boost came following the company’s announcement that drilling at the Norseman project in Western Australia intersected nickel and copper sulphides.

Galileo also disclosed that follow-up drilling is planned to commence in late August.

Despite this recent rise, the company’s stock has fallen around 48.1% for the year to date, as of the last closing price.

Galileo Mining is a mineral exploration company primarily focusing on exploration for base metals.