Galileo Resources PLC has identified new drill targets within licenses PL039/2018 and PL040/2018 in Botswana’s Kalahari Copperbelt. The anomalies were detected through Induced Polarisation surveys. CEO Colin Bird indicated a solid commitment to a forthcoming drill program based on the promising results. The company will also analyze previous drill cores to confirm copper mineralization.
Galileo Resources PLC (AIM:GLR) has announced the identification of new drill targets in Botswana’s Kalahari Copperbelt, specifically within its licenses PL039/2018 and PL040/2018. An Induced Polarisation (IP) geophysical survey across five surveyed lines revealed notable anomalies, indicating potential sites for further exploration.
Colin Bird, the chairman and chief executive of Galileo Resources, remarked, “The previous work undertaken by the company on these two licences identified anomalies based on soil geochemical surveys located close to the southeastern basin margin of the Kalahari Copperbelt.”
He emphasized that the recent results from ground geophysical surveys further affirm the prospectivity of these targets, leading to a planned drill program. Bird stated, “These targets are well-defined and clearly justify a commitment to a drill programme.”
Bird also expressed enthusiasm for pursuing the newly validated geophysical targets with vigor, stating, “The latest results provide powerful motivation to pursue the newly confirmed geophysical targets with vigour. We look forward to providing shareholders with further updates once the drill programme has been approved by the Galileo board.”
The company further mentioned that geochemical analysis of previous drill cores will be crucial in confirming the presence and extent of copper mineralisation as it prepares for the upcoming drill campaign.
In conclusion, Galileo Resources PLC has successfully identified new and promising drill targets in Botswana’s Kalahari Copperbelt, bolstered by comprehensive geophysical surveys. The company remains optimistic about further developments and is committed to updating stakeholders as the drilling initiatives advance. The strategic use of geochemical analysis will also support the planned campaign, enhancing the potential for successful mineral discovery.
Original Source: www.proactiveinvestors.co.uk
