Kavango Resources plc and Power Metal Resources plc have started diamond drilling target i10 at the rare earth element (REE)-copper Ditau Camp project in southwest Botswana. JOINT VENTURE The 50-50 joint venture (JV) is held as Kanye Resources plc, with Kavango as the operator. TARGET i10 Target i10 is a ‘carbonatite pipe’ type intrusive target. Kavango […]
Tag: Kavango Resources plc
Kavango prepares to drill test targets for REES at Ditau
Kavango Resources plc said it had identified three drill test targets out of 12 geophysical structures at its rare earth elements (REES) joint venture project at Ditau, Botswana. JOINT VENTURE Ditau is held in a 50-50 joint venture (Kanye Resources) comprising Power Metal Resources plc and Kavango as the operator. Kavango noted that the 12 […]
Kavango drops Molopo nickel to focus on Ditau rare earths
Kavango Resources plc said that, due to insufficient shareholder agreement, it had cancelled its acquisition plans for the Molopo Farms Complex nickel project in Botswana. OFFER To avoid further delays and costs, Kavango has turned its focus on the Ditau rare earth elements project. Yesterday, the company said it planned to make a provisional offer […]
Kavango further extends option to acquire majority of KKME at Molopo
Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) at the Molopo project in Bostwana. TARGETS The company last week had a four-day extension and now has until close of business on 18 March 2022. “Technical due diligence of the Molopo Farms […]
Kavango identifies two strong conductor targets at KSZ, Botswana
Kavango Resources plc said it had identified two strongly conductive geophysical targets near borehole KSZDD002 at the Kalahari Suture Zone (KSZ) copper-nickel-PGM project in Botswana. DEVELOPMENTS The company had originally assumed that there was a single conductive conductive body. Kavango has now completed KSZDD002 to the target depth of 650m and a successful downhole Time […]
Kavango extends deadline for Molopo acquisition
Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) in Botswana. DATE KKME is a private company, which currently owns 100% of prospecting licences PL310/2016, PL311/2016 and PL202/2018 known as the Molopo Farms project. The exploration project is focused on nickel, copper […]