Kavango Resources plc said it had delineated 13 priority target areas in four of its 12 copper-silver prospecting licences (PLs) in the Kalahari copper belt (KCB), Botswana. PROGRAMME The company’s field exploration has for the past 12 months focused on PLs 082/2018, 036/2020, 049/2020 and 052/2020. Kavango added it had finalised a flexible strategy, to […]
Tag: copper
Shareholders back Ormonde’s €2.3m sale of La Zarza
Ormonde Mining plc has received 99.77% shareholder approval for the €2.3 million sale of its La Zarza copper-gold-zinc project in Spain. ACQUISITIONS The vote was held in the company’s extraordinary general meeting earlier today. Following completion of the sale, Ormonde will become an AIM Rule 15 cash shell and have to make an acquisition or acquisitions constituting […]
Tertiary starts detailed soil sampling at Jacks
Tertiary Minerals plc has started a detailed soil sampling programme at the Jacks copper project in Zambia. JOINT VENTURE The company has earned a 90% joint venture interest from local company Mwashia Resources Ltd. The Jacks prospect lies within exploration licence 27069-HQ-LEL, covering 141.4 km2,and is located 85km south of Luanshya in Zambia. PROGRAMME The […]
Power Metal starts inaugural drill at Molopo
Power Metal Resources plc has started its inaugural drill programme at the Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana. PROGRAMME The company began diamond core drilling drillhole DDH1-6B targeting a large southerly dipping conductor at priority target T1-6. Site preparations are underway for drilling to start soon on the second drillhole DDH […]
Power Metal nears drilling 2,600m at Molopo
Power Metal Resources plc soon expects to start drilling a 2,600m strike-length target at its nickel-copper-platinum group element (PGE) Molopo Farms Complex project in Botswana. SURVEY AND MODELLING Ahead of the decision to drill, the company completed a high-resolution ground magnetic (ground-mag) geophysics survey over high priority Target 1-6 (T1-6) covering 2,700m by 1,600m. From […]
Kavango completes 90% stake in LVR JV licences
Kavango Resources plc has completed its 90% stake in the LVR GeoExplorers (Pty) Ltd joint venture with copper-silver licences in the Kalahari copper belt, Botswana. PROJECT The company signed a memorandum of understanding in November 2021 and has now acquired the outstanding 65% to take the majority share in the JV. The partners’ project incorporates prospecting […]