Base Metals

Galileo Resources steps up exploration in Botswana Copperbelt wirh IP survey

Galileo Resources PLC (AIM:GLR) is to start IP surveys over previously identified soil geochemical targets on licences PL039/2018 and PL040/2018 in Botswana's Copperbelt following recent discoveries on nearby acreage.
Preparatory groundwork has already been completed on soil geochemical targets with the IP technology capable of going down to a depth of 400m.
Galileo added that its geochemical targets occupy a similar geological setting ('the Galileo Fold') to those drilled historically by Khoemacau Copper Mining and recently announced drill intercepts by Arc Minerals on the adjoining Virgo Project.
Galileo says that independent assessments suggest the geological and structural setting of the Galileo Fold is almost identical and shares the same prospectivity level.
Colin Bird Galileo’s chief executive, said: "We are pleased to announce the commencement of our ground geophysical programme in the Botswana Copperbelt.
“In the last two years, the architecture of the Copperbelt has been subjected to much scrutiny, with new discoveries being made based on various concepts.
“Our own licences PL039 and PL040 are very prospective, and this programme should help us to delineate drill targets as part of the outcome".