Galileo Resources Commences Drilling at Molefe Project in Zambia
The mining company has started drilling at its Molefe Project in Zambia, with an initial 10-hole programme underway.
The mining company has started drilling at its Molefe Project in Zambia, with an initial 10-hole programme underway.
The mining company has signed a collaboration agreement with Jubilee Metals Group to develop the Molefe copper project in Zambia. The agreement allows Galileo to earn up to a 23.75% stake in the project by funding a $700,000 exploration program.
The prominent mining company has announced the date and details for its upcoming Annual General Meeting.
The exploration firm reported a profit turnaround and significant project advancements, particularly in copper. Cash position improved markedly, but most ventures remain in early stages with associated risks.
The mining company has announced a change in shareholding, with no further details provided.
The mining company has raised £1.7 million through an oversubscribed placing, but at a significant 18.75% discount to the previous closing price, indicating low investor appetite.
The exploration company has intersected visible copper mineralization in its Kalahari Copperbelt drilling program, but further study is needed to assess the deposit's potential.
The mining company has started a reverse circulation drilling programme on its Kalahari Copperbelt project in South Africa.
The mining company reports significant exploration progress at its Ferber Property in Nevada, including the identification of multiple intrusive phases and an extended system scale.
The exploration company has identified copper mineralization in the Kalahari Copperbelt, but further work is needed to assess the resource's potential.