Kavango Resources plc said recent drill results strengthened its belief that a wider mineralised system extended at its Hillside gold project in Matabeleland, southern Zimbabwe.
BULK
Three diamond drillholes at prospect 2 tested for geological continuity of structures, along strike and with increasing depth.
The programme also evaluated grade variation within multiple shear zones hosting gold-producing artisanal workings at surface.
Results include intersection of a 7.2m wide “intensely deformed and well mineralised zone” and included 7.2m @ 9.95 g/t gold from 50.64m and 1.61m @ 31.57 g/t gold.
The third hole, drilled under the historic Britain mine, intersected a series of shear zones, hosting gold and associated sulphides.
Best results showed 2.00m @ 5.27 g/t gold from 312.50 m and including 0.50 m @ 11.01 g/t gold.
Chief executive Ben Turney added that the assays demonstrated the potential for shallow bulk mineable gold ore bodies at prospect 2.
Kavango plans more drilling at prospects 1 and 4 before assessing and ranking the deposits for future resource drilling.
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