10 Aug Midweek Takeaway with Colin Bird Executive Chairman of Galileo Resources (AIM:GLR)
Phil Carroll and Kevin Hornsby talk to Colin Bird after the company has reported positive results from lithium analysis conducted by an independent laboratory on drill core from the Kamativi Project in Zimbabwe. The analysis confirms significant lithium mineralization in the first completed hole, with intersected pegmatites showing similar characteristics to those returning positive lithium assays. Highlights of the findings include peak values of 4 meters at 1% Lithium Oxide from 35 meters depth, including an intercept of 1 meter at 2.04% over an 18-meter-wide pegmatite. The exploration has also identified the presence of anomalous quantities of tin in some pegmatites. These results suggest the potential for a significant lithium discovery in the region and indicate the need for further drilling and extension of the existing program.