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General mining & base metals

Galileo Resources claims new lithium discovery from Zimbabwe drilling

Galileo Resources PLC (AIM:GLR) said an independent lab has confirmed lithium mineralisation over a significant width in the first hole completed at the Kamativi Project in Zimbabwe.

Colin Bird, Galileo’s chairman and chief executive, said: "A new lithium discovery in the Kamativi region represents a significant find, particularly in view of the historic mining and lithium potential in the region.

“Our detailed soil surveys and mapping have identified multiple pegmatites with swarms extending more than 4km in strike length."

Drilling continues to intersect multiple pegmatite dykes, some over notable widths in the same environment, he added.

Additional samples and visual analysis indicate an extension of the original anomaly over a considerable distance.

Coupled with detailed mapping, this shows a large target area never previously evaluated that will require additional drilling and an extension of the planned drill programme.

Peak values included 4 metres (m) at 1% Li2O (lithium) from 35m downhole depth with similar indications in other holes.