Galileo starts airborne exploration of Kalahari Copper Belt acreage
“I have no doubt that time will see the Kalahari Copper Belt region emerging as a significant copper producer”
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.
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Galileo Resources acquires North East Kalahari Copper Belt project in Botswana
The project covers 2,241 square kilometres and comprises five issued prospecting licences and two licence application areas which Galileo said will extend its ground position to include the Quirinus copper-silver prospect
Galileo Resources appoints Ed Slowey as technical director
"Ed has very broad experience and brings high-quality geological assessment and experience to our team,” said chairman Colin Bird
Galileo Resources kicks off exploration at Kalahari Copper Belt licences
Through initial exploration the company aims to define drilling opportunities for future phases of work
Galileo Resources announces appointments of two highly experienced and successful Kalahari Copper Belt exploration geologists
Colin Bird, Galileo’s CEO said: “With these additions to the Galileo team we are looking to accelerate the commencement of exploration on these properties within a matter of days"
Galileo Resources raises capital to support exploration plans
It is a boost to the exploration company that last month expanded its footprint in Botswana.
Galileo Resources completes acquisition of Botswana exploration licences
Most of the new licences are located in the Kalahari Copper Belt and accordingly are seen as highly prospective for copper mineralisation
Galileo Resources acquires new copper exploration licences in Botswana
Galileo's chief executive Colin Bird is highly experienced in copper exploration
Galileo Resources is just a few months away from generating US$10mln cash flow per year
Galileo Resources has a portfolio of assets in Southern Africa
Galileo Resources assumes complete control of the Star Zinc and Kahitu projects
Galileo is building up an attractive looking portfolio of assets
Galileo Resources looks to second quarter for start of trial mining at Star Zinc
The junior raised £500,000 in October to the work both there and the Kashitu operation, where Galileo wants to start exploration.
Galileo raises £500,000 to kickstart zinc mining in Zambia
Galileo hopes to begin mining its Star Zinc project in mid-2020, as well as commencing an exploration study at its other Zambian location, Kashitu
Galileo Resources negotiates offtake agreement ahead of Zambia operations start
The three-year renewable deal would be for the supply of ore for up to 60,000 tonnes per annum to Jubilee’s Kabwe zinc refinery
Galileo Resources set to apply for mining permit at Star zinc project
Bosses will apply for the permit now they have received a JORC resource estimate, which confirmed potential to mine 77,000 tonnes of zinc
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Galileo publishes initial inferred resource estimate for Star Zinc project
The company said the estimate would allow for a six-year life-of-mine producing 12,000 tonnes of zinc metal per year
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Galileo increases beneficial interest in the Star Zinc project to 95%
Galileo is consolidating its asset position in Southern Africa
Galileo’s Glenover rare earths project already boasts a PEA and a large stockpile of ore that’s already been mined
Rare earths asset could provide a significant kicker to Galileo's valuation