Molefe Project Drilling Update, Zambia

Galileo Resources Plc (AIM:GLR) is pleased to provide shareholders with an update on a multi-faceted drill programme completed for the Molefe Project. Drilling was initiated to ascertain the morphology and continuity of mineralisation along the eastern limb of the ore zone, to provide confidence regarding mineable tonnes and to complete condemnation of certain sections of the Project where future planning envisages the placement of waste dumps, processing plant and other infrastructure that would otherwise sterilise resources. The programme was completed under the terms of the co-operation and project development agreement on 27 November 2025 (the "Collaboration Agreement") with Jubilee Metals Group PLC (AIM:JLP, Altx:JBL) ("Jubilee").

Highlights

9 holes totalling 552.6m tested continuity and mineralisation tenor with the balance of 14 holes totalling 1,298.9m being drilled for purposes of condemnation

Peak intercepts included MNKDD021 returning 2.97% TCu (total copper) over 3.10m, MNKDD027 returning 1.24% TCu over 10.5m and MNKDD029 returning 1.51% TCu over 12.5m

Drilling confirmed continuity and increased the strike length of mineralisation by approximately 380m in an easterly direction from 930m to an updated estimate of 1,310m

A mine development plan and schedule have been provided to Jubilee for consideration supported by the condemnation drilling that identified areas within the licence suitable for waste rock disposal, tailings and a processing plant

A mine schedule has been provided to Jubilee targeting an oxide copper reef of approximately 1 million tonnes at grades of at least 1.30% TCu, including approximately 240 000 tonnes at 1.45% TCu in the immediately targeted pits 2 and 3. The drilling results together with the in-pit sampling is specifically focussed at supporting the mining schedule and does not represent any resource estimate under any standard .

The eastern extension has not been included in the mine schedule.

Colin Bird, chairman of Galileo said “We are pleased to be able to increase the strike length of mineralisation providing additional potential tonnes for mining and processing. The data collected has been included in a mine development plan and mine schedule and recommendations for subsequent development provided to Jubilee. Drilling has also enabled detailed planning to be undertaken with regard to future infrastructural development.”

Table 1: Highlighted Drill Results – Mineralised Intercepts Molefe Project, Zambia

Note 1: Minimum mineralised width for estimation purposes of 3.0m

Note 2: Cut-off grade 0.4% TCu (total copper)

Qualified Person

The technical information contained in this announcement has been reviewed, verified, and approved by Colin Bird, C. Eng, FIMMM, South African and UK Certified Mine Manager and a member of the Institute of Materials, Minerals and Mining, with more than 40 years’ experience mainly in hard rock mining.

Nominated Adviser

Distribution

Table 1: Continuity and Extension Drilling - Molefe