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Galileo Resources to drill further at Star Zinc after encouraging study

There was a good correlation with known zinc mineralisation at Star Zinc
Galileo Resources to drill further at Star Zinc after encouraging study
High grades have already been hit at Star Zinc

Galileo Resources PLC (LON:GLR) will start a second drill programme at the Star Zinc project in Zambia after an independent review of historical gravity geophysics data matched well with its own results.

Colin Bird, chief executive, said there was a good correlation with known zinc mineralisation at Star Zinc.

READ: Galileo Resources reveals conceptual grade-tonnage estimate for the Star zinc project in Zambia

“We will use this modelling data to target new boreholes in our forthcoming second drilling programme.”

A first drilling programme that comprised of 26 holes finished in May and hit zones of exceptionally high-grade copper.

From those results, Galileo constructed a conceptual grade-tonnage (CGT) model of 485,000 tonnes at a grade of 15.4% zinc.

Star Zinc is being explored through a joint venture with BMR Group PLC (LON:BMR). Galileo has an 85% interest.

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