Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) at the Molopo project in Bostwana.
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The company last week had a four-day extension and now has until close of business on 18 March 2022.
“Technical due diligence of the Molopo Farms project has revealed possible drill locations, which the company believes have potential to become high priority targets,” added the company in a statement.
“Kavango requires additional time to complete further review of the data and operational planning.”