Extractive Industries

Kavango renews five prospecting licences in KSZ

Kavango Resources plc said it had renewed five prospecting licences (PLs) in the company’s Kalahari Suture Zone (KSZ) project in Botswana.

KSZ: each licence runs for an additional two years and will expire on 30 September 2023 (Kavango Resources)

LICENCES

The renewed licences are:

–    PL363/2018

–    PL364/2018

–    PL365/2018

–    PL163/2012

–    PL164/2012

Each licence runs for an additional two years and is due to expire on 30 September 2023.

DRILLING

Kavango added it had also recently completed drilling of two geological holes in PL163/2012 (Target Area A) with drilling operations continuing in PL365/2018 (Target Area B).

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