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Galileo Resources Plc
Summary
| Project: | Star | |
|---|---|---|
| Deposit: | Star | |
| Location: | Zambia | |
| Commodities: | Zinc-Silver-Germanium | |
| Date: | 3/2/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-3-2018: Galileo Resources Plc announces an Exploration/Drilling Update report for its Star deposit at the Star project. JV - Drilling results incl. 47.0m @ 15.61% Zn, 17ppm Ge, 11ppm Ag from 0m. Galileo is pleased to announce positive results from three | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Sarosi (Internal) | |
| ABSTRACT: | Galileo is pleased to announce positive results from three of its first four drill holes on its current drilling programme at its Zambian Star Zinc project ("Star Zinc"), in which the Company has an 85% interest. Colin Bird, Chief Executive Officer, said: "We are very pleased with these drilling results. This drilling program has yielded very high value zinc assay intersections with significant germanium and silver The presence of germanium and silver constitutes potentially valuable by-products and possible revenue. Once we have fully modelled the programme data, we will embark on another programme to explore other anomailes in the area using ground geophysics as our guide. This ore body shows the potential for significant quantities of high grade willemite zine mineralisation; a postulated feeder source for this mineralisation could be sulphides and we will be seeking external expert advice to assist to locate this possible source.” | |
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