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0.825    0.00 (0.00%)
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Spread: 0.05 (6.25%)
Market Cap: £11.44m
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Concordia Project Update

8 Aug 2017 13:00

RNS Number : 4229N
Galileo Resources PLC
08 August 2017
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8 August 2017

Galileo Resources Plc

("Galileo" or "the Company")

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Concordia Copper Project update

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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 initialΒ drillingΒ programme. The Company intends to fully understand these results before making a decision to continuing with further exploration onΒ the Project. The CompanyΒ awaits completion of this work by consultants Minxcon and remains in discussions with Shirley Hayes in this regard. AΒ further announcement will be made once Galileo has had the opportunity to review and assess the information generated by the initial drilling programme.

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For further information, please contact:

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Galileo Resources PLC

Colin Bird, Chairman

Tel +44 (0) 20 7581 4477

Andrew Sarosi, Executive Director

Tel +44 (0) 1752 221937

Beaumont Cornish Limited - Nomad

Roland Cornish/James Biddle

Tel +44 (0) 20 7628 3396

Beaufort Securities Limited - Broker

Jon Belliss

Tel +44 (0) 20 7382 8416

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This information is provided by RNS
The company news service from the London Stock Exchange
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