Kavango Resources plc announced it had signed a memorandum of understanding (MoU) to accelerate its 90% ownership of the copper-silver LVR joint venture (JV) in the Kalahari copper belt (KCB), Botswana. LICENCES The LVR GeoExplorers (Pty) Ltd JV comprises prospecting licences PL082/2018 and PL 083/2018 which cover 1,091km2 of prospective ground. Kavango currently owns 25% and as […]
Tag: copper
Anglesey starts 2,750m drill at Parys
Anglesey Mining plc has started a nine-hole diamond drill programme for 2,750 metres at its copper-lead-zinc project on Parys Mountain, Anglesey. PROGRAMME The three-month programme will gather additional information for a feasibility study expected to begin during 2022. Anglesey Mining said that the drill programme includes infill drilling of the White Rock zone to convert […]
Kavango targets majority share in Molopo
Kavango Resources plc said it had entered an exclusive three-month option to acquire the majority share of the nickel-copper-platinum group elements Molopo Farms Complex project in Botswana. BUSINESS PARTNERS In an all-share transaction Kavango would acquire 85.23% of Kalahari Key Mineral Exploration Proprietary Ltd (KKME) which owns prospecting licences PL310/2016, PL311/2016 and PL202/2018 at Molopo. […]
Kavango identifies high priority Ni-Cu-PGE target at KSZ
Kavango Resources plc said it had identified 30km strike length of distinct magnetic Proterozoic gabbro at the Kalahari Suture Zone (KSZ) project in Botswana. REVISED MODEL The company added that the 30km strike length was now a high priority exploration target for the detection of possible large-scale nickel-copper-platinum group element (Ni-Cu-PGE) mineralisation. Strategic partner Spectral […]
Altus to sell Moroccan copper-silver subsidiary to Eastinco
Altus Strategies plc said it is to sell its 100% owned Moroccan-focused copper-silver exploration subsidiary Aterian Resources Ltd to Eastinco Mining and Exploration plc. METALS Aterian is advancing assets of 15 primarily copper and silver exploration projects. Eastinco has a portfolio of tantalum exploration and development projects in Rwanda. TERMS Altus said yesterday it had […]
Power Metal completes acquisition of FDR
Power Metal Resources plc said it had completed its 100% acquisition of First Development Resources Pty Ltd (FDR) which holds gold-copper interests in the Paterson Region of Western Australia. ACQUISITION The Paterson interests are held by First Development Resources Limited (FDR) which now has a 100% interest in local Australian operating company First Development Resources Pty Ltd (FDR Australia). Power Metal has an […]