Kavango Resources plc has identified the first five high priority targets for phase 1 drilling on the Kalahari copper belt (KCB) Karakubis project in Botswana.
TRAPS
The company holds all or the majority of 18 licences over more than 6,200 km2 with the potential for multiple large scale copper-silver deposits.
Karakubis covers four of the licences close to the Namibian border.
Geophysical consultant Emergo Srl completed inversions on airborne electromagnetic data over the central portion of survey block 1A, which Kavango interprets as underlain by the lower D’Kar formation.
“The contact point between the lower DKF and Ngwako Pan formation is known to coincide with major copper/silver deposits in the region,” added the company.
The high priority target areas will undergo gradient array induced polarisation surveys to refine drill targets.
First phase of drilling for a total 5,000m will test “trap site structures associated with doubly plunging fold targets” and anticlines at 200-300m.
Kavango signed a contract in mid-May with Mitchell Drilling to diamond core drill selected targets, for 10 to 15 holes, beginning this month.
The company expects to identify further priority targets on completion of data processing and interpretation for survey results from survey blocks 1A and 1B.
Chief executive officer Ben Turney added that over the past 18 months a wide array of exploration data had been compiled to maximise the chances of drill success.
“This work has generated more target areas than we anticipated, which is especially positive for the overall potential of the Karakubis project.
“Although we still have further airborne data to process, the targets we have identified are already strong enough to be classed high priority.
“As such, we have decided to push ahead with drilling.”
Kavango’s main aim is prove that the target areas cover a copper mineralising system.
Results of the IP surveys will refine final target selection after which drilling is expected to begin in the coming weeks.