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Kalahari Copper Belt - Exploration Update
Kalahari Copper Belt - Exploration Update.
About this update from Galileo Resources Plc
[{"type":"text","content":"\n \n \n 29 March 2023\n \n \n \n \n \n \n \n \n Galileo Resources Plc\n \n \n \n \n (\"Galileo\" or \"the Company\")\n \n \n \n \n \n \n \n \n \n Exploration Update over Kalahari Copper Belt Licences Sold Pursuant to Agreement with Sandfire Resources Limited\n \n \n \n \n \n \n Galileo Resources plc ('Galileo\" or the \"Company\") is pleased to provide an update on the Kalahari Copperbelt Project in western Botswana and work undertaken and planned on those licences sold pursuant to an agreement (see RNS dated 16 September 2021) with Sandfire Resources Limited (\"Sandfire\") (the \"Sandfire Licences\").\n \n \n \n \n \n Encouraging results are attributable to several licences where Sandfire is exploring for typical Kalahari Copperbelt style mineralisation and follow-up exploration has been recommended by Sandfire. Interpretation of airborne magnetic and radiometric surveys by Sandfire and subsequent drilling on the Okwa Project covering licences PL044/2018 and PL045/2018 has identified disseminated sulphides, including copper, in intermediate and felsic volcanics.\n \n \n \n \n \n \n Highlights\n \n \n \n ·\n Work has been undertaken on prospecting licences PL044/2018, PL045/2018, PL122/2020, PL154/2018, PL251/2018, PL366/2018 and PL367/2018\n \n \n \n \n \n \n \n ·\n \n PL250/2020\n \n - approximately 7.24km of prospective Lower D'Kar contact has been identified warranting a TerraleachTM* soil geochemical survey. Area will also be covered by regional airborne gravity survey ('AGG')\n \n \n \n \n \n \n \n ·\n \n PL367/2018\n \n - Four multi-element soil anomalies identified as priority targets with infill TerraleachTM soil surveys planned.\n \n \n \n \n \n \n \n ·\n \n PL251/2020\n \n - Scheduled TerraleachTM* soil survey over an area described by Sandfire as a T3/A4-type target. AGG survey also to be flown.\n \n \n \n \n \n \n \n ·\n \n PL366/2018\n \n - Soil anomaly identified warranting additional soil geochemistry in conjunction with Sandfire's announced AGG regional survey.\n \n \n \n \n \n \n \n ·\n \n PL044/2018 & PL045/2018\n \n - Airborne magnetic and radiometric geophysics and follow up drilling confirmed the presence of magnetite and disseminated copper-zinc mineralisation in intermediate to acid volcanic rocks - follow up under review.\n \n \n \n \...