GLR Stock Discussion

Galileo Resources Plc Description

Galileo Resources Plc acts as a holding company for subsidiary undertakings and investments engaged in the exploration of natural resources. The Company is engaged in the exploration and development of gold, copper, rare-earth aggregates, and iron ore and manganese. The Company's segments include Rare earths, aggregates and iron ore and manganese, and Gold, Copper. The Company holds interests in the Concordia Copper Project (Concordia). Concordia is located in the Okiep Copper District, within the Bushmanland mobile belt in the Namaqualand region of the Northern Cape Province of South Africa. The Project area and prospecting license covers 36,000 hectares on the farm, Concordia (ERF 1251). The Company holds interests in various properties in the United States, such as Silverton Property; Ferber Property; Crow Springs Property, and Glenover Rare-Earth Phosphate Project. The Silverton Property covers six square kilometers, and is located in Nye County, Nevada.

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Chemistry Physical Sciences Gold Iron Copper Natural Sciences Silver Economic Geology Natural Resource Farm Natural Resources Earth Iron Ore Prospecting Rare Earth Element Phosphate Manganese Northern Cape