Galileo starts drilling at Molefe Project in Zambia

Galileo Resources commenced drilling at the Molefe Mine in Zambia following the signing of a conditional cooperation and project development agreement with Zambian copper producer Jubilee Metals in November.

Colin Bird, chairman of Galileo said: “We are very pleased that drilling has commenced in line with the Collaboration Agreement.  I look forward to reviewing initial results aimed at underpinning production goals whilst we undertake reconnaissance drilling of the general area”.

Resource drilling commenced with two holes, out of an expected approximately 10 hole programme, completed to date post signing of the Collaboration Agreement.

The immediate objective is to maintain the current production profile for a further 3 months, a mid-term 6-month aim to replace depleted resources and in the longer-term, implementation of a programme of regional reconnaissance drilling to extend the life of mine.