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Kalahari Copperbelt Drilling – Assay Results
Galileo Resources PLC has confirmed copper mineralisation at its 100% owned PL253 in Botswana's Kalahari Copperbelt, with laboratory assays revealing copper enhancement between 66m and 115m depth in vertical hole QTRC014. The most significant interval reported is 5m at 0.34% copper from 79m to 84m, including 1m at 0.84% copper within D'Kar Formation siltstones, a highly encouraging result from the initial drilling program. The company also secured a two-year renewal for PL253, extending its exploration rights to the end of 2027, and plans to use the gathered geological, geophysical, and geochemical data to strategize a follow-up drilling program. Disclaimer*
About this update from Galileo Resources Plc
20 January 2026 RNS Number: Galileo Resources Plc ("Galileo" or the "Company") Kalahari Copperbelt Drilling - Assays Confirm Copper Mineralisation The Company is pleased to report on laboratory assays from the recent reverse circulation ("RC") drilling completed on its 100% owned prospecting licence PL253 in the Kalahari Copperbelt ("KCB") of Botswana. This follows from the Company's announcement of 1 September 2025 in which positive indications of intermittent visible copper mineralisation were reported at PL253. Highlights · Laboratory assays have been received which confirm the presence of copper mineralisation in vertical hole (QTRC014), part of a four-hole RC programme on PL253 designed as a first test of soil geochemistry and structural targets. · Copper enhancement occurs between 66m and 115m depth, with peak interval of 5m @ 0.34% Cu from 79m to 84m, including 1m @ 0.84% Cu within D'Kar Formation siltstones. · The confirmation of copper oxide mineralisation associated with the prospective D'Kar Formation host rocks represents a highly encouraging result from the first drilling on the target which is blanketed by sand cover. · The Company is also pleased to report that the Botswana Department of Mines has granted renewal of PL253/2018 for a further two years to end 2027. · This completes the Company's four-hole RC programme on PL253 and the Galileo team will now model geological/geophysical/geochemical data for the prospect with a view to planning a follow-up drilling programme. Colin Bird Chairman & CEO said: "We are pleased to be awarded renewal of the strategically positioned prospecting licence PL253 in the Kalahari Copperbelt. The fact that we have encountered copper mineralisation over an extensive interval in our first reconnaissance drilling programme testing a soil target is very encouraging. The combination of position and prospectivity provides us with strong motivation to continue exploration on this licence." Figure 1 - Galileo Licence Location Map http://www.rns-pdf.londonstockexchange.com/rns/5130P_1-2026-1-19.pdf Figure 2 - PL253 Drillhole Location Plan http://www.rns-pdf.londonstockexchange.com/rns/5130P_2-2026-1-19.pdf &n...
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