The London-listed Galileo Resources' Shinganda project in Zambia is expected to commence diamond drilling of up to 2,000 metres to test various shallow copper/gold targets situated along and parallel to the Shinganda Splay Fault.
The purpose of the drilling is to explore the potential of the iron oxide copper/gold deposit and the iron alteration clusters and induced polarisation targets that were identified in the geophysical study.
The company said that by conducting a comprehensive analysis of both historic airborne and ground geophysical survey data, along with Galileo's meticulous geophysical surveys, soil sampling, and prospecting, they have successfully uncovered the underlying structural composition of the property.
As a result of this breakthrough, several potential targets for immediate drill testing have been identified, enhancing the overall prospects of the project.
The geophysical study revealed several noteworthy findings, one of which is the identification of a highly promising geological setting through high-resolution aeromagnetics.
This setting is characterised by the presence of three significant clusters exhibiting intense iron alteration, particularly towards the west.
In addition, extensive drilling conducted in and around iron alteration clusters has yielded abundant evidence of widespread and, in certain areas, intense iron alteration characterized by the presence of hematite, magnetite, and, to a lesser extent, pyrite.
These boreholes were never assayed.
"All of our fieldwork and drilling, together with historical work, has been modelled by new techniques, and we now have a much better understanding of the drivers of mineralisation,” said Galileo chief executive Colin Bird.
“We are in a very fertile area, and our latest understanding will allow us to direct future drilling programmes to [their] potential best effect.”
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
