Galileo Resources said it discovered a number of substantial gold targets from soil analysis around the Queen's mine located close to Bulawayo, Zimbabwe.
Laboratory analysis of 2,455 samples marginal to the Queen's gold mine, which is not part of the Galileo licence area, showed gold in-soils up 2.1 grammes per tonne (g/t) Au (2,100ppb).
Historical gold production of more than 440,000 ounces was reported at the mine up to 1984.
Galileo added it also identified a new gold-in-soil anomaly covering more than five square kilometres peaking at 680ppb gold over a number of structures defined by airborne geophysics southeast of the Queen's mine, with further anomalies along strike to the southwest.
Colin Bird, chief executive said "The recent completion of a gold-in-soil geochemical survey in the prolific Queen's area has been highly successful in that it has clearly defined a number of targets where we have gold associated with underlying structures that extend from known mineralisation that has sustained both commercial and artisanal mining.
“Our intention now is to prioritise anomalies with a view to commencement of drill-testing by the end of the third quarter 2023."