Concordia Project Update

RNS Number : 4229N

Galileo Resources PLC

08 August 2017

 

8 August 2017

Galileo Resources Plc

("Galileo" or "the Company")

Concordia Copper Project update

The Company announces that, further to the update provided to investors on 26 June 2017 in relation to the Company's earn-in to the Concordia Copper project (the "Project"), it continues to analyse and consolidate the results of the initial drilling programme. The Company intends to fully understand these results before making a decision to continuing with further exploration on the Project. The Company awaits completion of this work by consultants Minxcon and remains in discussions with Shirley Hayes in this regard.  A further announcement will be made once Galileo has had the opportunity to review and assess the information generated by the initial drilling programme.

For further information, please contact:

Galileo Resources PLC Colin Bird, Chairman	Tel [phone]
Andrew Sarosi, Executive Director	Tel [phone]
Beaumont Cornish Limited  - Nomad  Roland Cornish/James Biddle	Tel [phone]
Beaufort Securities Limited - Broker Jon Belliss	Tel [phone]

 

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