Deal Snapshot
Galileo Resources AcquiresKalahari Copper Belt Project in Botswana
Thursday 17 September 2020

UK-based exploration and development mining company Galileo Resources plc (AIM: GLR) has made the conditional acquisition of 100% of Africibum Co Pty Ltd and its interests in the North East Kalahari Copper Belt project in Botswana, the company said.

Galileo ground position in Kalahari Copper Belt extended to include Quirinus copper-silver prospect with historic shallow drill intercepts. Three-hole RC drilling programme by previous explorer all intersected mineralisation along 600m soil anomaly, including 4m @ 1.7% Cu, 13g/t Ag and 6m @ 0.9% Cu, 14g/t Ag

Date Published: 17/09/2020