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Drill Programme over Kamativi Lithium Project
Drill Programme over Kamativi Lithium Project.
About this update from Galileo Resources Plc
[{"type":"text","content":"\n\n15 June 2023\n \nGalileo Resources Plc\n(\"Galileo\" or \"the Company\")\n \nCommencement of Drill Programme over Kamativi Lithium Project, Zimbabwe\n \nGalileo Resources plc (\"Galileo \"or the \"Company\") is pleased to inform shareholders that preparations for a drill programme have commenced over the Kamativi lithium - tin target where the Company announced the discovery of a previously unknown lithium anomaly in soils and streams (see RNS dated 23 March 2023).\n \nHighlights\n \n· A contract has been signed by the Company for a diamond drilling programme following on quickly from the discovery of a substantial lithium anomaly in soils on the Kamativi licence EPO 1782 adjoining the historic Kamativi tin-tantalum mine (in which Galileo does not have an interest) which contains a significant lithium tailings resource.\n \n· Galileo's Kamativi soil anomaly, which peaks at 1,000ppm Li, extends over a strike length of almost 3km, comparable to the footprint of the Arcadia Lithium Project near Harare, considered to be one of the world's biggest hard rock lithium resources.\n \n· A swarm of coincident pegmatite dykes has been mapped within the anomaly area which will be targeted in the first phase of drilling, with approximately 1,000m of drilling planned in at least 10 holes.\n \n· Other anomalies will be evaluated and drill-tested in due course. This will include one area particularly anomalous in rare earth elements. \n \nColin Bird Chairman and CEO said \"We have quickly moved from the discovery of a widespread lithium soil anomaly to the commencement of a drill programme at Kamativi. The anomaly is substantial, and we believe it is highly significant that the target is comparable in size to other large lithium deposits including the 42.3Mt Arcadia deposit also located in Zimbabwe. We will quickly evaluate the target with an initial drill programme to test the stacked lithium-bearing pegmatites and results will determine the extent of follow up drilling. The programme will also assess tin prospectivity as the recent soil and rock chip programmes also identified areas anomalous in tin\".\n \nKamativi Lithium Project\nThe Kamativi licence EPO 1782 covers an area of 520 sq km in western Zimbabwe. Galil...