The Shinganda Project is dominated by the Main Shinganda Fault and its associated fault splay, which together exhibit intermittent copper-gold mineralisation along their length. The licence is highly prospective for deposits of copper and gold associated with the Iron Oxide Copper-Gold (IOCG) deposit model and almost 6,000m of drilling has been completed by Galileo to date which has identified several mineralisation styles.
The majority of the copper-gold mineralisation so far identified at Shinganda is associated with the fault splay structure, in particular, the historic Shinganda outcrop zone where there is potential to transition to near-term production following the identification of shallow, supergene enriched mineralisation at grades of up to 1.5% CuEq over notable widths.
Less than half of the potential splay fault has been drill tested to date.
Our Shinganda Project is intriguing, multiple mineralisation styles have been identified that will be investigated separately. Substantial iron-rich breccia has been identified along the Main Fault, suggesting the presence of permeable host rocks that have facilitated the movement of hydrothermal fluids, combine this with the associated magnetic anomalies and we have a very prospective area for locating redox-style mineral traps. Drilling along the Splay Fault has already revealed shallow mineralisation, as well as mineralised dilation zones confined within hematite-rich lithological units – all areas we plan to investigate further.
Colin Bird, Executive Chairman,
Galileo Resources 2025
Overview
Galileo holds a 51% interest in the project encompassing Large Scale Exploration Licence No. 22990-HQ-LEL, through a joint venture partnership. The licence is in Western Zambia, just outside the game management area of the Kafue National Park and is prospective for IOCG (Iron Oxide Copper Gold) deposits.
Prospectivity
The project boasts many diagnostic characteristics associated with IOCG deposits, including structural control, evidence of hydrothermal mineralisation and alteration, and an abundance of hematite – magnetite alteration. Shinganda also displays its own unique features, that are common in IOCG settings, lending it to be recognised as an IOCG-hybrid system.
The primary target on the licence is the Shinganda fault splay structure, which occurs as a 12km long, W–NW oriented linear feature. The Fault Splay is characterised by a strong magnetic high and intermittent zone of mineralised silicic hematite and magnetite bedrock at several places along its length, it is also associated with 2 small historic open pits that are situated off the licence.
The splay fault has been identified as a potential feeder structure towards a much larger, buried IOCG mineralised system.
Work Completed
Shinganda Splay Fault
Four phases of drilling totalling almost 6,000m have been completed on the licence by Galileo since acquisition.
Most of the drilling has concentrated on targeting shallow, supergene enriched mineralisation associated with the Shinganda Fault Splay structure in the area around the Shinganda outcrop zone. Here drilling has defined oxide copper-gold mineralisation over widths of 30m down to depths of 70-80m in a 350m x 150m area. The supergene enrichment coincides with a magnetic high anomaly extending along the Splay Fault for over 4km, however historic drilling returned notable copper from areas with a weaker magnetic signature, extending the total target strike length to 10km. Only half of this feature has been drill tested to date.
Diamond drilling completed at the Shinganda outcrop zone intersected a high-grade mineralised core containing inclusions of malachite, chalcocite and native copper within a steep sided brecciated hematite gossan, measuring about 35m wide at 40m depth in drillhole SHDD002. The best results returned include;
- SHDD002: 50.3m @ 1.54% Cu & 0.30 g/t Au (incl. 7m @ 4.36% Cu & 1.51 g/t Au)
- SHDD004: 43.7m @ 1.01% Cu & 0.18 g/t Au
- SHDD005: 11m @ 1.03% Cu & 0.55 g/t Au (incl. 3.4m @ 2.89% Cu & 1.61 g/t Au)
Recent RC drilling identified prospective mineralised dilation zones within the hematite-rich unit associated with the splay fault and it is hoped that continued drilling will offer the potential for the development of a preliminary open pit mineral resource.
Shinganda Main Fault
Reverse circulation drilling at the Shinganda Main Fault intersected wide intervals of hydrothermal iron-rich breccias with associated intrusive rocks. Hydrothermal breccias like those intersected provide a highly permeable setting for the flow of copper-gold mineralisation and the next stage will be the identification of structural mineral trap sites. Several redox-style trap targets exist related to magnetic high features and their pressure shadows, these offer the potential for an IOCG discovery and will be tested during future exploration.
Future Potential
The Company retain the option to acquire additional interest in the project dependent on the size of any further discovery. A 65% interest is achievable if a discovery of a large deposit containing greater than 1Mt of contained copper equivalent is made, and up to an 85% interest in a smaller deposit of less than 200,000 tonnes of contained copper equivalent.
