Galileo Resources has commenced exploration at its gold and lithium projects in Southwest Zimbabwe.
The company signed a contract with Xcalibur Airborne Geophysics to carry out a fixed-wing airborne magnetic and radiometric survey at its Bulawayo gold project, targeting the most prospective parts.
“At our Bulawayo Gold Project airborne geophysical surveying is already well underway over a region with many small to medium-sized historic high grade gold mines,” said company chairperson Colin Bird.
“Our work will aim to fingerprint the structural settings of the known deposits and to identify potential extensions of these zones through our property, as well as locating new targets underneath thin cover hidden from the old prospectors.”
Galileo also said a reconnaissance mapping/sampling site visit to the Kamativi lithium project is planned to commence imminently.
Permitting work, it said, has been initiated to prepare for more advanced exploration in the coming weeks and months which is aimed at facilitating early drill testing.
Galileo has an option to earn an initial 51% interest in the two projects by spending $1.5mln on exploration.
Mathew Nyaungwa, Editor in Chief of the African Bureau, in Zimbabwe, Rough&Polished
Exclusive
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
