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Galileo Resources PLC could be drilling at Concordia as early as January

Galileo Resources PLC (LON:GLR) is about to kick off geophysical exploration at its Concordia copper project in South Africa next month, starting with one of its top three targets for open pit mining: Homeep.
Chairman and chief executive Colin Bird tells Proactive Investors that the indicated grades have been 0.8% and north of that figure in some parts, which is a relatively high grade for an open pit. For non-mining buffs, he throws in a quick explanation of the induced polarisation (IP) technique that should direct the company to where the best grades are.
“Concordia has all the makings of a big project,” Bird said.

 
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