Kavango Resources Plc

KAV

GB00BF0VMV24

Specialty Mining & Metals

Delayed London S.E. Other stock markets 07:59:59 16/07/2024 BST			5-day change	1st Jan Change
1.35 ^GBX	0.00%		+8.00%	+107.69%

06-19	Kavango excited about discovery drilling at Zimbabwe project	AN
06-19	Kavango Resources Begins Next Phase of Discovery Drilling in Zimbabwe Gold Project	MT

Kavango Resources restarts drilling at Kalahari Copper Belt

January 13, 2023 at 02:48 pm

Kavango Resources PLC - Botswana-focused metals exploration company - Starts drilling on the sixth and final hole in the current drilling programme at Kalahari Copper Belt this weekend following a summer break. Upon completion, the company expects to have drilled around 1,640 metres in the programme, exceeding original guidance.

Chief Executive Officer Ben Turney says: "Through our innovative use of controlled-source audio MagnetoTelluric, Kavango has identified major structures for the first time on our KCB licences. Our ongoing drill programme has subsequently confirmed these to be associated with deformation, fluid flow, and alteration. This could be a game changer in exploration for a new generation of drill targets on the KCB. Given the large size of our KCB licence package, Kavango is currently working to optimise and prioritise these."

Current stock price: 1.60 pence each, up 21% on Friday afternoon in London

12-month change: down 71%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Kavango Resources Plc

Kavango excited about discovery drilling at Zimbabwe project	06-19	AN
Kavango Resources Begins Next Phase of Discovery Drilling in Zimbabwe Gold Project	06-19	MT
Kavango starts first drilling at Karakubis targets	06-17	AN
Kavango Resources plc Commences Drilling its First High Priority Targets at the Karakubis Copper Project in Botswana's Kalahari Copper Belt	06-17	CI
Kavango moves forward with Botswana drilling as targets identified	05-31	AN
Kavango Resources Appoints Deputy Chairman	05-30	MT
Kavango Resources Plc Announces Board Changes	05-30	CI
EARNINGS AND TRADING: Various Eateries and Luceco see sales climb	05-14	AN
Kavango encouraged by mineralisation findings in Zimbabwe	05-10	AN
Kavango Resources Outlines Potential Mineralization at Zimbabwe Gold Project	05-10	MT
Microsaic wins contract; Frontier inks Canadian deal	05-02	AN
Kavango Resources raises GBP3.1 million via bookbuild	05-01	AN
Smarttech247 inks USD2.1 million contract	04-29	AN
EARNINGS AND TRADING: Graft Polymer extends loan; ASA profit down 30%	04-23	AN
Kavango finds 9.95 gold grammes per tonne at Hillside	04-23	AN
Kavango Resources Reports Interception of Gold Mineralization at Zimbabwe Project	04-23	MT
Kavango Resources Plc exercised option to acquire Hillside Project and Leopard South Project.	04-22	CI
Kavango finds potentially mineralised zones at Hillside	04-22	AN
Kavango Resources Launches Tender for Drilling at Botswana Project	04-19	MT
Kavango Resources announces drill tender for drilling at Karakubis	04-19	AN
Kavango Resources loss widens; eyes Kalahari drilling start	04-18	AN
Kavango Resources Plc Reports Earnings Results for the Full Year Ended December 31, 2023	04-18	CI
EARNINGS AND TRADING: AssetCo deputy retiring, Chapel Down ups revenue	04-16	AN
Kavango celebrates drilling results at Hillside, Zimbabwe	04-15	AN
Kavango Resources plc Announces the First Assay Results from the Hillside Prospect 4 Gold Project in Matabeleland, Southern Zimbabwe	04-15	CI

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Company Profile

Kavango Resources plc is a metals exploration company. The Company has interests in about 12 prospecting licenses, totaling over 5,000 square kilometers in the Kalahari Copper Belt (KCB), where it is targeting copper-silver mineralization. Its Kalahari Suture Zone Project covers a large portion of the KSZ magnetic anomaly in southwest Botswana. It has interests in four licenses at Ditau Project. The Ditau Project covers about 2,652.9 square kilometers in southwest Botswana. It has an option to acquire a producing gold exploration project in Matabeleland, southern Zimbabwe. The Nara Project comprises about 45 contiguous gold claims, located in the Matabeleland South area near the Zimbabwean city of Bulawayo. The licenses are hosted in a package of meta sediments and intersected by a regional shear zone. The Company also has an option to acquire Hillside Project and Leopard Project. The Hillside Project is located within 30 kilometers (km) of Nara on the Greenstone belt.

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Specialty Mining & Metals

Calendar

04/08/2024 - Q2 2024 Earnings Release (Projected)

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