Galileo Resources PLC (AIM:GLR) told investors it has been granted a 10-year small-scale mining licence for the Kashitu zinc project in Zambia.
The site is located 7 kilometres south-east of the historic Kabwe Zn-Pb mine, near Kabwe town and north of Lusaka.
It intends to explore the potential for an open-pit mining operation focused on areas with high-zinc willemite mineralisation.
"We are pleased to have received the mining license for Kashitu. The Kashitu mine is close to Kabwe operations and is in seasonal wetlands,” chief executive Colin Bird said in a statement.
He added: “The granting of the license could allow us to progress towards developing an open pit in the high zinc content willemite areas, subject to further evaluation of the potential project and finding suitable partners to work with.
“We will continue to keep shareholders informed as development progresses."
Galileo added that the development of the project will be subject to further evaluation and partnership opportunities.