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Galileo Resources PLC - mining company focused on Zambia, Zimbabwe, Botswana, South Africa and the US - Says the phase 1 drilling programme at Kamativi for lithium and associated elements over a pegmatite-rich area of about 1 kilometre by 0.5 kilometres has been completed, for 1,428.4 metres in 10 holes. Notes mineralisation and alteration similar to that reported in the first hole, KSDD001 has been observed in several of the subsequent holes. Adds core logging and sampling is underway, preparing samples for export to the ALS laboratory in Johannesburg for lithium and associated element analysis. Undertakes infill soil sampling over a strong rare earth elements soil anomaly in the north-eastern sector of the licence and testing for copper in the southern part of the licence for VMS-type mineralisation. Chair and Chief Executive Colin Bird said ‘We are very pleased with the initial indications from the Phase 1 reconnaissance drilling programme at Kamativi which was aimed to test the mapped pegmatites and their continuity, if any. The programme was expanded from the initial plan to confirm and extend the target zone along strike due to the positive initial results.’ Current stock price: 0.93 pence 12-month change: down 40% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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