Galileo Resources sees lithium indications from drilling programme

0
593

Itai Ndongwe 

United Kingdom-listed company, Galileo Resources has reported multiple pegmatite dykes, a key lithium source, over substantial widths in the first two holes of a drill programme at Kamativi in Zimbabwe.

The good results came just as the company reported in June that it had begun preparations for a drill campaign over the Kamativi lithium/tin target in Zimbabwe, where it had discovered a previously undiscovered lithium anomaly in soils and streams in March.

The company has signed a contract for a diamond drilling programme in response to the discovery of a significant lithium anomaly in soils on the Kamativi licence EPO 1782, which adjoins the historic Kamativi tin/tantalum mine (in which Galileo has no interest) and contains a significant lithium tailings resource.

In a statement issued today, a company stated that the longest running zone in hole KSDD001 lasted from 28.3m to 46.3m.

Galileo added that assays would be needed to determine quantities of the metal but the preliminary core analysis was indicative of lithium-bearing LCT pegmatites.

 Galileo’s chairman and chief executive , Colin Bird, commented: “We are pleased with the thickness of the pegmatite intersections and are highly encouraged by the low potassium/rubidium ratios, which academia and past practice shows to be often strongly indicative of lithium presence.

“We are preparing to dispatch some of the core to get an early indication of lithium content.”

Galileo’s Kamativi soil anomaly, which reaches 1 000 ppm lithium, has a strike length of about 3 km, which is equal to the footprint of the Arcadia lithium mine near Harare, which is one of the world’s largest hard rock lithium deposits.

Within the anomalous region, a swarm of coincident pegmatite dykes has been identified, which will be targeted in the first phase of drilling, with around 1 000 m of drilling planned in at least 10 holes.

In due order, further abnormalities will be reviewed and drill-tested. This will contain one location of rare earth elements that is notably unusual.

The Kamativi licence EPO 1782 in western Zimbabwe spans an area of 520 km2. Galileo has the option to obtain an 80% stake by investing $1.5 million in exploration and evaluation in the project area and over the Bulawayo gold/nickel property by July 21, 2024.

LEAVE A REPLY

Please enter your comment!
Please enter your name here