Galileo Resources PLC has updated investors on its exploration progress in Northwest Zambia, confirming stratigraphy through two drill holes totaling 706.4 meters in Licence 28001. The company intends to focus on promising areas identified for mineralization, particularly for Kamoa-Kakula-type copper deposits, with the next phase of exploration planned after the rainy season.
Galileo Resources PLC has provided an update on its exploration activities in Northwest Zambia, specifically in Licence 28001. The company has successfully completed two drill holes, totaling 706.4 meters, which confirmed the stratigraphy of the broader area. Additionally, geological mapping, historic geophysical data analysis, and stream sediment sampling have pinpointed promising locations for mineralization within the licence.
These findings will significantly aid future exploration efforts, particularly in identifying potential ‘Kamoa-Kakula-type’ copper deposits. Planning for the next phase of exploration is underway and is set to begin following the rainy season. Chief Executive Colin Bird highlighted the importance of these initial drilling efforts, stating the exploration in this region is crucial to verifying the location’s geological characteristics.
Bird emphasized the potential advantages of successful exploration, noting that neighboring areas in the Democratic Republic of Congo (DRC) contain some of the world’s richest copper mines. He expressed optimism about reducing the search area to the most promising sites within the License, anticipating a fruitful exploration campaign once conditions permit.
In summary, Galileo Resources is making significant progress in its exploration activities in Northwest Zambia. The successful drilling and geological analysis have highlighted promising areas for copper mineralization. With future exploration plans set to proceed after the rainy season, the company remains optimistic about uncovering potential rich resources in this geologically favorable region.
Original Source: www.proactiveinvestors.co.uk
