Galileo Resources ( (GB:GLR) ) has provided an announcement.
Galileo Resources PLC has identified potential drill targets in its Kalahari Copperbelt prospecting licences following a geophysical survey. The survey revealed chargeability and resistivity anomalies, particularly on PL039, Line 1, suggesting a promising drill target. The company plans to conduct further geochemical analysis and prepare a follow-up drill program to confirm and explore these targets, which could enhance its position in the copper-silver mining sector.
More about Galileo Resources
Galileo Resources PLC is a company operating in the mining and exploration industry, focusing on the discovery and development of mineral resources. The company primarily targets sediment-hosted copper-silver deposits in the Kalahari Copperbelt region, which is known for its new operating mines and recent discoveries.
YTD Price Performance: -9.09%
Average Trading Volume: 1,280,209
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £9.31M
Learn more about GLR stock on TipRanks’ Stock Analysis page.