Galileo hits high zinc mineralisation in Phase 2 drilling programme
Aim-listed Galileo Resources has completed its Phase 2 diamond drilling programme and reported positive assay results so far for the first eight holes analysed, at its 80.75%-owned Star Zinc project, in Zambia.
Phase 2 comprised 24 holes totalling about 1 000 m to depths, from surface, of between 25 m and 105 m downhole.
Mineralisation intersected includes 15.46% zinc over 23 m downhole, from 14 m to 37 m, including 26.21% zinc over 12 m downhole, from 21 m to 33 m; 14.32% zinc over 12 m downhole, from 10 m to 22 m, including 22.69% zinc over 7 m downhole, from 12 m to 19 m; and 9.38% zinc over 5 m downhole, from 11.5 m to 17 m, including 23.1% zinc over 2 m downhole.
The two phases of drilling are believed to have defined the general limits on mineralisation on the currently targeted resource area, though there are still potential additional drilling targets, which may be warranted to test later, subject to resource optimisation and financial modelling.
These targets include several geophysical gravity highs, outcropping hematite bodies and beyond the fringes of defined mineralisation, southeast of which, for example, holes reported 5.5 m at 9.4% zinc from 11.5 m and another hole 13 m at 6.7% zinc from 13 m.
Galileo intends to develop a work programme, as soon as practicable, with the objective of meeting the requirements for the application of a small-scale mining licence for Star Zinc.
Meanwhile, the transfer of 15% interest to Galileo in Enviro Zambia is progressing. On transfer, Galileo will hold 95% of Star Zinc and the Zambian government will hold 5%.
Comments
Research Reports
Projects
Latest Multimedia
Showroom
From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...
VISIT SHOWROOM
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
