Kalahari Copper Belt Project

Botswana

The Kalahari Copper Belt is a rapidly emerging copper-silver mining region, known for its high-grade, sediment-hosted deposits. The belt is gaining global attention and increased investment amid a rising demand for copper.

Several advanced and producing projects are already underway, including Sandfire’s Motheo Mine, which hosts a resource of over 64 Mt at 1.0% Cu and 13.8 g/t Ag, and the high-grade Khoemacau Copper-Silver Mine, which boasts over 110 Mt at 1.7% Cu and 18 g/t Ag. Khoemacau was acquired by MMG in 2024 for US$1.9 billion and is expected to produce between 43,000 and 53,000 tonnes of copper in copper concentrate per annum.

Emerging developments include Cobre’s Ngami project, where an in-situ copper-silver mining proposal is being evaluated, and Cobre’s Kitlanya West & East joint-venture which attracted a US$25 million investment from global giant BHP in 2025.

Galileo’s licences are proximal to all these discoveries and include similar stratigraphic and structural settings, ensuring the company is well positioned for discovery.

The Kalahari Copperbelt continues to attract new companies and investment, resulting in an evolving understanding of mineralisation across the region. We are very excited about our recent developments and the fact that we have encountered copper mineralisation over an extensive interval in our first reconnaissance drilling programme is very encouraging. The combination of position and prospectivity provides us with strong motivation to continue exploration on this licence.

Colin Bird, Executive Chairman
Galileo Resources

Background

The project comprises three core exploration licences that are considered high-priority due to their proximity to active developments. Licence PL253/2018 lies between Cobre’s Kitlanya West and Ngami projects, while PLs 039/2018 and 040/2018 are located south of the Khoemacau Mine, and proximal to recent discoveries by Khoemacau and Arc Mineral’s along the Mowana Fold structure.

Copper mineralisation within the belt is sediment hosted and structurally controlled, with many discoveries associated with the redox contact between the D’Kar and Ngwako Pan lithological units. The region is structurally complex, and the presence of tight, upright folding creates potential mineral trap sites conducive to the formation of larger deposits. These traps are often bounded by regional shear-zones that facilitate fluid flow.

Recent Galileo Drilling Results

Copper mineralisation has been intersected in recent reconnaissance reverse circulation (RC) drilling on licence PL253.

Drillhole QTRC014 returned a 49m anomalous copper interval from 66m downhole, including 5m at 0.34% Cu from 79m and a peak 1m grade of 0.84% Cu.

This discovery supports the prospectivity of the licence particularly given its strategic location between Cobre’s Ngami and Kitlanya West projects.

The licence contains several additional untested copper-in-soil targets contiguous with anomalies defined on the neighbouring Cobre licences, and further positive indicators include the identification of tightly folded and thrust-repeated inclusions of the prospective D’Kar/Ngwako Pan contact.

Galileo project location map

Location of recent drill intercept on PL253

Galileo Exploration

Exploration completed by Galileo includes TerraleachTM soil sampling, ground geophysical IP (induced polarisation) surveys, airborne EM (electromagnetic) surveys, and exploratory drilling. Several priority targets have been identified that exhibit key geological characteristics consistent with nearby discoveries.

PL039/2018

An IP chargeability and resistivity anomaly has been identified at the crest of the Galileo Fold. This setting is analogous to the adjacent Mowana Fold, where drilling by Khoemacau and Arc Minerals returned intercepts of 4.3m @ 1.65% Cu and 6.1m @ 2.56% Cu.

Further potential exists for a Motheo style A4/T3 dome-type target, identified as a conductive dome with associated faulting, where the prospective D’Kar/Ngwako Pan contact may have been remobilised upward along low-angle thrusts. Drilling completed by Galileo in 2021 intersected the correct target lithology, and a coincident copper-in-soil anomaly has been identified.

PL040/2018

Over 30km of the prospective D’Kar/Ngwako Pan contact extends across the licence. Several targets have been identified along its strike and further refined through recent IP geophysics. Groundwork has also been successful in delineating previously unidentified extensions to the D’Kar/Ngwako Pan contact that all requires follow-up work.

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