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General mining & base metals

Galileo Resources to launch diamond drilling phase at Shinganda after latest positive results

Galileo Resources PLC (AIM:GLR) gave investors an update on its drill programme at the Shinganda licence in Zambia, where it has now completed 30 reverse circulation holes.

It amounts to a total of 2,213 metres of drilling, across the Shinganda Splay and Main Fault targets.

The explorer highlighted that ‘visual inspections suggest that the supergene enrichment zone’, described as a promising area for copper and gold mineralisation, was encountered at the base of several drill holes.

So, it has now greenlighted a further phase of drilling – this time diamond drilling – to follow up, to ensure maximum core recovery in the supergene zone.

"We are pleased with the outcome of this drilling programme both RC and diamond drilling,” chief executive Colin Bird said in a statement.

“The mineralisation appears to extend over 6km cumulatively on the two mineralised structures at varying widths from 6m to 47.5m.

“Whilst the core and RC chips appear to be well mineralised we have sent samples for assay.

“The Shinganda project is shaping up to be significant in terms of copper and gold contribution and we eagerly await the assay results in order to proceed with the next phase of extension and infill with the objective of establishing a JORC (2012) Mineral Resource".

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