Galileo Resources Provides Update on Licence 28001 Exploration in NW Zambia
Galileo Resources Plc has updated that exploration on Licence 28001 in Northwest Zambia has established critical stratigraphy. Two drill holes clarified geological features associated with potential copper deposits. Future exploration is planned post-rainy season, focusing on targeted areas for redox fronts indicative of mineralization.
Galileo Resources Plc has announced an update regarding exploration activities on Licence 28001, situated in the Western Foreland geological domain of Northwest Zambia. This Licence aims to explore geological structures similar to the Kamoa-Kakula-type copper mineralization, known for its rich copper deposits.
The drilling operations involved two holes totaling 706.4 meters, which have successfully clarified the stratigraphy of the broader licence area. These findings will aid in future exploration by pinpointing optimal hole locations and prioritizing stratigraphic sequences that could yield redox fronts, indicative of copper mineralization.
Geophysical assessments, historical data interpretation, mapping, and sediment sampling confirmed that significant geological features conducive to Kamoa-Kakula-type mineralization are present. Priority zones have been identified for subsequent exploration, with plans to initiate follow-up activities at the end of the rainy season to ascertain focused drilling targets.
Colin Bird, Chairman & CEO, expressed optimism, stating, “Galileo is undertaking geological exploration in its truest sense”. He emphasized the potential benefits of exploration in the promising areas of the Western Foreland which, adjacent to DRC, hosts some of the world’s richest copper mines.
The Licence overlays the geological domain of the Western Foreland, which extends into Northwestern Zambia, the DRC, and Angola. Recent finds by Ivanhoe in neighboring DRC underscore the stratabound mineralization governed by redox fronts. Mapping and magnetic surveying have contributed to effectively determining drilling locations.
The exploration program slated for 2025 will concentrate on the redox boundaries inferred from the stratigraphy. It encompasses soil and stream sediment surveys, followed by ground electromagnetic (EM) surveying. Promising results will lead to further diamond core drilling.
The technical content of this announcement has been scrutinized and approved by Edward Slowey, Technical Director at Galileo, who has extensive experience in mineral exploration and holds Qualified Person status under AIM rules.
This announcement also contains forward-looking statements about the Company’s strategies and anticipated outcomes, emphasizing potential uncertainties and risks which may impact actual results.
Galileo continues to engage stakeholders through their Twitter handle, @GalileoResource, while providing contact information for further inquiries with company representatives available for communication.
Galileo Resources Plc is advancing its geological exploration efforts on Licence 28001 in Northwest Zambia, aimed at uncovering Kamoa-Kakula-type copper mineralization. Recent drilling and geological assessments have led to strategic planning for further exploration once the rainy season concludes. The company is optimistic about finding significant mineral resources, supported by its technical expertise under the leadership of Edward Slowey. Stakeholders are encouraged to follow developments through the company’s communication channels.
Original Source: www.investegate.co.uk
