Galileo increases stake in Star Zinc project

Aim-listed Galileo Resources has acquired the remaining Kabwe residual rights, including the Kashitu zinc willemite exploration prospect, as well as exercised its right to acquire a further 15% interest in Enviro Zambia from BMR Group for 9.6-million Galileo shares. Enviro Zambia owns 95% of Enviro Processing Zambia, to which Star Zinc’s large-scale exploration licence remains to be transferred, subject to Zambian regulatory approval.