Galileo Resources steps up activity on zinc and phosphate interests
Recent months have seen Galileo step up work at the Glenover phosphate prospect and the Star zinc project in Zambia.
Company
Galileo Resources PLC
LON:GLR
Galileo Resources PLC is an opportunity-driven company whose model is to acquire large databases generated by major companies and abandoned for strategic, corporate, technical and other reasons which do not necessarily reflect the potential value of the project. The company has a strong management team who have succeeded in discovering, evaluating and advancing mining projects.
302 stories · page 11 of 16
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Drilling to commence at Galileo’s Star Zinc joint venture
Results from the new drill programme will go towards a resource update for the Star zinc project
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Galileo lines up consultants to assist with exploration of Zambian zinc
Galileo is moving forward on the Star zinc project in Zambia
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Galileo Resources joint venture picks up Star Zinc
“We look forward to formalising the project JV agreement and pursuing aggressively our work programme to take the project forward"
Galileo Resources shares leap over 20% on positive broker comment to Star Zinc project option exercise move
In a note to clients today, ‘house’ broker Beaufort Securities said the “potential to acquire an interest in the Star Zinc project is positive news for Galileo”
Galileo Resources to acquire Star Zinc project in Zambia through joint venture with BMR Group
The AIM-listed miner has also raised around £1mln via a placing to fund the Star Zinc move and other projects
Galileo Resources shares jump as it says preliminary drilling results show Concordia copper project "promising and well worth pursuing"
The company said drilling of basic rock bodies identified by outcrop, limited ground magnetic survey and previous aeromagnetic survey data, intersected encouraging "potentially mineable" near-surface copper mineralisation with good grades
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