BRIEF-Galileo Mining Executes Farm-In And Joint Venture Agreement With Mineral Resources

Reuters06-03

June 3 (Reuters) - Galileo Mining Ltd :

* FARM-IN AND JOINT VENTURE AGREEMENT EXECUTED WITH A 100% OWNED SUBSIDIARY OF MINERAL RESOURCES

* GALILEO SELLS 30% OF ITS LITHIUM RIGHTS ON NORSEMAN PROJECT TENEMENTS FOR A$7.5M

* MINRES CAN SOLE FUND A$15M OF EXPENDITURE OVER FOUR YEARS TO INCREASE ITS STAKE IN JV TO 55%

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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