Kavango Resources plc plans to build a gold production plant to boost production at Prospect 4 within the Hillside project in Matabeleland, southern Zimbabwe. ASSESSMENT Four contract miners currently send “high grade gold mineralisation”, mined on a small scale, 20km to the company’s processing facility at the main site. Kavango said that volumes were at […]
Tag: Hillside gold project – Matabeleland – Zimbabwe
Kavango starts Zimbabwe funding initiative
Kavango Resources plc has launched a new capital investment and financing programme with an initial £2 million convertible note to advance its Zimbabwe interests. RIGS The CLN with major shareholder Purebond Ltd will define mineable gold resources and acquire plant and equipment for larger scale production at the Hillside gold project. Production at the new […]
Kavango indicates greater potential at Hillside
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 […]
Kavango notes ‘extensive’ anomalous gold in soil
Kavango Resources plc said it had identified extensive anomalous gold in soil from sampling results at prospect 4 of the Hillside project in Matabeleland, southern Zimbabwe. ORE BODY The programme was over a 1.5km² area “underlain by greenstones and granites offset by a regional shear with multiple quartz-vein complexes producing gold from artisanal surface workings”. […]
Kavango exercises Hillside-Leopard South options
Kavango Resources plc has exercised its call option over the Hillside and Leopard South projects in Zimbabwe. The company said it intended to extend the call option on Leopard North to 30 June 2025. Purchase agreements for Hillside and Leopard South are being drawn up with completion scheduled for 15 May 2024. In January, Kavango […]
Kavango produces first refined gold
Kavango Resources plc’s first monthly production nearly reached the company’s 2024 target at its Hillside gold project in Matabeleland, southern Zimbabwe. INCREASE Final refined gold production in March was 899.6g of gold, which is anticipated to show a “significant increase” as direct mining begins. Any surplus generated will be used in its exploration programmes in […]