Mining licence issued for the Kashitu Project
Mining licence issued for 10-year small-scale operation at Kashitu zinc project in Zambia.
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Galileo Resources plc ("Galileo "or the "Company") is pleased to announce the award of small scale 10-year mining licence, 39893-HQ-SML for the Kashitu zinc project. Kashitu is situated 7km south-east from the historical Kabwe Zn-Pb mine adjacent to and south of the town of Kabwe, north of the capital Lusaka.
Colin Bird Chairman & CEO said: "We are pleased to have received the mining license for Kashitu. The Kashitu mine is close to Kabwe operations and is in seasonal wetlands. We have previously developed mining plans and perceive an opportunity to work with local community effectively. The granting of the license could allow us to progress towards developing an open pit in the high zinc content willemite areas, subject to further evaluation of the potential project and finding suitable partners to work with. We will continue to keep shareholders informed as development progresses."
Please refer to the Galileo website for more information on the project at:
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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.