IN BRIEF: Galileo Resources enters joint venture in Zambia

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Galileo Resources PLC - mining company focused on Zambia, Zimbabwe, Botswana, South Africa and the US - Announces the company has entered into a joint venture agreement with Cooperlemon Consultancy Ltd in relation to the exploration for copper at large scale exploration license 28001-HQ-LEL in northwest Zambia. Colin Bird, executive chair said: ‘This acquisition is consistent with our policy of acquiring opportunity projects where potential outweighs entry in reliable jurisdictions.’

Current stock price: 1.18 pence

12-month change: down 13%

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