London-listed Galileo Resources has delineated four significant lithium, tin and rare earth element anomalies on the Kamativi licence, in Zimbabwe, that warrant further investigation.
The licence covers an area of 520 km2 in western Zimbabwe.
Galileo has an option to earn an 80% interest in the project by spending $1.5-million on exploration and evaluation in the project area, as well as over the Bulawayo gold property, by July 21, 2024.
The company explains that the Kamativi licence is adjacent to the former Kamativi mine and hosts strike extensions to the former mining district, which produced more than 37 000 t of tin and tantalum between 1936 and 1994.
The last mineral resource estimate on the area was published in 2018 by MSA Group, based in South Africa, which found an indicated mineral resource of 26.3-million tonnes grading 0.58% lithium oxide, 493 parts per million (ppm) tin oxide, 41 ppm tantalum pentoxide and 65 ppm niobium pentoxide.
"We committed to a substantial reconnaissance programme over all the potentially prospective lithium terrain on the licence comprising stream sediment, rock chip and soil sampling, with 4 359 samples collected, of which 1 282 were sent for laboratory analysis.
“This programme has identified several significant targets in a number of areas within the Kamativi licence where the peak analytical values, metal associations and continuity are sufficiently coherent to allow us to plan an early follow-up programme including trenching and, where warranted, drilling,” says CEO Colin Bird.
The initial sampling campaign has been extremely encouraging, Bird adds, having pointed Galileo to a number of high-potential areas associated with the productive Kamativi pegmatite terrain.
“We look forward to advancing this project at a time when Zimbabwe and lithium are very much in the global spotlight.”