Kavango Resources plc said it had identified four anomalies during its drill targeting exercise on its licence PL036/2020 in the Kalahari copper belt, western Botswana.
TARGETS
The Kalahari copper belt runs ENE-WSW from Botswana into Namibia where “multiple economic” copper-silver sedimentary rock hosted deposits have been discovered.
The company’s programme targets PL036/2020, PL082/2018 and Mamuno licences (PL049/2020 and PL052/2020).
Kavango collected 5,145 soil samples in an initial high-resolution, close-spaced soil geochemical programme with particular focus over the mapped Ngwako Pan-D’kar formational contact.
Kavango delineated four “significant geochemical features” consisting of +15ppm copper anomalies (peak 110ppm).
These include Acacia, a wide anomaly around the central part of the fold nose of the ‘Acacia fold’ and Morula (western portion), a wide anomaly just south of the Acacia fold nose.
Additionally Happy, a low-tenor teardrop shaped anomaly to the south and to the northeast of Acacia and new target Kudu, a previously unrecognised NE-SW trending zone of anomalous copper values.
The company said that the four targets appeared to fit previously mapped geology, including the potential ‘fold nose’ over Acacia.
Three of the targets conform to previously identified Acacia, Morula (western portion) and Happy target areas.
Follow-up work will include infill soil sampling; upgraded interpretation of existing airborne magnetics and airborne EM*; CSAMT** geophysics; and reverse circulation drill programme.
Kavango expects to complete the targeting programme, on licence PL082/2018 and on the Mamuno licence package, before the end of August 2022.
“Our goal is to ensure that when we drill the KCB, we will have the optimal chance of success,” added chief executive Ben Turney.
* AEM: airborne electromagnetic survey **CSAMT: controlled source audio frequency magneto telluric