Galileo Resources PLC (AIM:GLR) is an opportunity driven company focused on building strategic partnerships in key locations across Southern Africa. Specialising in copper and critical battery metals crucial for the green energy transition, Galileo leverages advanced project acquisitions with unrealised potential and accelerates them towards production via innovative data-driven solutions.
About usBuilding on strategic partnerships in pioneering locations Galileo is committed to advancing the development of copper and critical battery metals resources which are essential for the green energy transition.
The increasing electrification of the global economy is driving unprecedented demand for copper and related battery metals. Given a shrinking supply of high-quality resources and few major projects are approaching production, there are significant opportunities for mid-tier, sustainable explorers like Galileo to accelerate copper production and strengthen the copper supply chain for the future.
About us“The day of the small miner is back”
Colin Bird, Executive Chairman
Galileo Resources, 2024
With a small-scale mining licence awarded, and advanced scoping studies completed in mid-2024, the Luansobe copper project is accelerating towards near-term copper production in Zambia. Collaborative agreements with third-party contractors are being negotiated, and it is anticipated that a rapid progression towards open pit production, followed by continued drilling to define a longer-term underground resource, will ensue.
The Shinganda Project is prospective for Iron Oxide Copper Gold (IOCG) mineralisation and boasts a complex structural framework in which at least three styles of mineralisation have been identified through multiple phases of drilling on the project. The focus for the project concerns defining a shallow, supergene enriched open pittable Mineral Resource associated with the Shinganda Fault Splay and the Main Fault.
The Western Foreland District is considered one of the most promising regions for copper exploration globally. Located adjacent to the Central African Copperbelt its favourable stratigraphy and structural setting is believed to support the presence of large, high-grade sediment-hosted copper deposits akin to the neighbouring Kamoa-Kakula deposit complex.
The Kamativi Lithium (Sn-Ca-Ta-REE-Cu) project neighbours a belt of historic tin-pegmatite mines that is receiving renewed interest owed to its lithium bearing pegmatite potential. Its sister project, Bulawayo is home to many historic gold mines. The projects have received licence wide soil sampling and geophysical surveys which have identified multiple high-priority Li-Sn-REE-Au-Ni targets.
The project consists a total of 19 exploration licences, 11 of which are retained 100% by Galileo, and 8 of which are under option with Sandfire Resources, who are required to fund exploration activities. The Kalahari Copperbelt is prospective for sediment hosted copper deposits and the region is currently receiving global attention with new mine development and a rapid advance of exploration work.
Plans are under way for the development of a shallow surface open pit mine, down to a depth of roughly 1-3m, which is capable of extracting supergene enriched and surficial material. A shallow Zn-Pb-Ag resource exists at the karstic interface inclusive of high-grade material of up to 7-8% Zn, with further Zn-bearing alluvial material available at surface.