Galileo Resources ‘very pleased’ after completing first drilling phase at Zimbabwe’s Kamativi

By Proactive Investors UK

Galileo Resources PLC (AIM:GLR) said a “promising start” had been made as it completed the first phase of drilling at the Kamativi project in Zimbabwe.

The 1,428.4 metres of drilling across 10 holes of the pegmatite-rich project revealed similar mineralisation and alteration to the first hole, where results in August indicated lithium mineralisation over a significant width.

Core samples are now en route to an ALS lab in Johannesburg for comprehensive analysis.

Aside from lithium, the company has undertaken infill soil sampling for rare earth elements and initiated copper testing for VMS-type mineralisation.

Chief executive Colin Bird also mentioned that tin could emerge as a significant by-product or even a stand-alone target, vowing to keep the market informed as the program evolves.

“All the peripheral work is pointing in the right direction, thus representing a very positive start to the overall Kamativi programme,” he said.

“It should be noted that we have only tested part of the anomalous zone to date which supports the prognosis that there is good potential to find mineralisation similar to the nearby Kamativi lithium mine within our concession area.”