Galileo buoyed by encouraging prospecting at Shinganda
Diversified explorer and developer Galileo Resources reports that nine angled diamond drill holes, the assaying of which has been completed, at its Zambia-based Shinganda outcrop prospect confirm a supergene copper/gold mineralised gossan zone containing malachite, chalcocite, native copper and associated gold mineralisation.
With drilling totalling 1 227.2 m, prospecting at the option and joint venture project returned copper mineralisation over 50.3 m at a grade of 1.54% and gold mineralisation grading at 0.30 g/t from 21 m in drill hole SHDD002. This includes 7 m at 4.36% copper and 1.51 g/t gold of gold at a depth of 47 m.
