Operations

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.

With a suite of advanced exploration projects across Southern Africa Galileo is well positioned for discovery. In Zambia, it is considered that with technological advance and pioneering exploration models, the potential for untapped copper discovery within a well-known copper producing region remains strong. In this region the company is forming strategic partnerships, leveraging regional expertise, and advancing government-backed copper development.

Focussing on copper in Zambia, the Luansobe project (Galileo 75% ownership) is rapidly advancing towards near-term open-pit production from its JORC (2012) compliant resource, whilst considerable potential remains to increase the resource at depth. At Shinganda, Galileo is testing multiple near-surface Iron Oxide Copper Gold (IOCG) targets that have the potential for open-pit copper discovery. Finally, in the emerging Western Foreland Galileo has joined many of the world’s top tier mining companies with a large land position, in a region where there is significant potential for world-class copper discovery, such as the neighbouring Kamoa-Kakula deposit in the DRC.

Further South in Botswana, Galileo continues to progress exploration and form strategic partnerships in the Kalahari Copper Belt. A recent alliance with Sandfire Resources, who are a significant operator in the region, has accelerated growth and discovery and enabled identification of multiple targets displaying similar characteristics to recent mine developments, such as Sandfire’s Motheo project and MMG’s Khoemacau mine.

Aiming to create resilience, Galileo’s portfolio expands to include lithium, gold and zinc projects. In Zimbabwe, Galileo is exploring historic brownfield tin mining areas for their lithium potential and has identified a swarm of mineralised lithium bearing pegmatite dykes that share many characteristics with the adjoining Chinese-operated Kamativi lithium mine. Further south in Zimbabwe, Galileo is actively exploring producing greenstone belt terrane for new gold and base metal deposits at the Bulawayo project.

Turning to zinc, plans are under way for the potential development of a shallow open pit mine at Kashitu, in Zambia, capable of extracting supergene enriched surficial Zn-Pb-Ag mineralisation down to a depth of roughly 1-3m.

Luansobe
Copper Project

Zinc core

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.

Shinganda
Copper-Gold Project

Luansobe copper drilling core

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.

Western Foreland
Copper Project

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.

Kamativi & Bulawayo
Lithium & Gold Projects

Located in northern Zimbabwe, the Kamativi Lithium (Sn-Ca-Ta-REE-Cu) project neighbours a belt of historic tin-pegmatite mines that is receiving renewed interest owed to it’s lithium bearing pegmatite potential. It’s sister project, Bulawayo is located in south-central Zimbabwe and 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.

Kalahari
Copper Belt Project

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.

Kashitu
Zinc Project

Kashitu

Kashitu is situated 7km south-east from the historical Kabwe Zn-Pb mine and processing plant in Zambia, which is 140km north of the capital Lusaka. 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.