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Galileo Resources Plc
Summary
| Project: | Star | |
|---|---|---|
| Deposit: | Star | |
| Location: | Zambia | |
| Commodities: | Zinc-Silver-Germanium | |
| Date: | 4/10/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-4-2018: Galileo Resources Plc announces an Exploration/Drilling Update report for its Star deposit at the Star project. JV - Drilling results incl. 25.0m @ 21.73% Zn, 19ppm Ge, 29ppm Ag from 29m. Galileo is pleased to announce positive results* from a | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Sarosi (Internal) | |
| ABSTRACT: | Galileo is pleased to announce positive results* from a further seven new diamond drill holes ("DDHs") from its current drilling programme on the Zambian Star Zinc project ("Star Zinc"), in which the Company has an 85% interest. Highlights Colin Bird, Chief Executive Officer, said: "The results are very pleasing in that they exhibit a large zone of exceptionally high-grade zinc mineralisation. The additional mineralisation identified in karst/laterite zones could potentially lead to a considerable bulking up of Star Zinc's overall tonnage. Other operations have reported smelting directly willemite (zinc mineral) ore in excess of 30% zinc without processing being required other than crushing g . Previous testwork on the project has also shown the karstic material is amenable to leaching. Another benefit is that the karst mineralisation is close to surface meaning that it is likely that this could be cheaply mined with minimal blasting. Once all results are in place we will model the various ore types and develop a 3-D model to direct drilling towards expanding the resource. | |
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