Galileo starts airborne exploration of Kalahari Copper Belt acreage

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Galileo starts airborne exploration of Kalahari Copper Belt acreage

Galileo Resources PLC (LON:GLR) said it has started a helicopter-borne electromagnetic survey (EM) over two of the tenures within its Kalahari Copper Belt project in western Botswana.

The objective said Galileo, is to define the most prospective structural setting mineralisation within the PL40/2018 and PL39/2018 licences, as well as possibly directly detect any conductive mineralisation present.

“The juxtaposition of an isolated conductive anomaly and a dome feature in the EM data would represent a high priority target for drill testing.”

Both prospects are considered very promising due to their similar geological settings to nearby deposits, Galileo added.

In a statement, Colin Bird, Galileo’s chief executive, said: “The whole region has become increasingly exciting due to new discoveries by Sandfire Resources and reinterpretation of geophysical work.

“Geophysical and geochemical anomalies and signatures have been the historical route for discovery and latest results from the region have confirmed the approach. I have no doubt that time will see the Kalahari Copper Belt region emerging as a significant copper producer, since it already hosts two new world class deposits.”

Proactiveinvestors.co.uk

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