9th Feb 2023 12:36
Galileo Resources PLC - mining company focused on Zambia, Zimbabwe, Botswana, South Africa and the US - Reports initial inferred mineral resource estimates for its Launsobe copper project in Zambia, in which it holds a 75% interest. Estimates include 5.8 million tonnes gross at 1% total copper above a cut-off grade of 0.25% total copper for 56,000 tonnes of contained copper, potentially amenable to open pit mining; and 6.3 million tonnes gross at 1.5% total copper above a cut-off grade of 1% total copper for 97,000 tonnes of contained copper, potentially amenable to underground mining. Read More