Kavango Resources plc has identified a strong gravity anomaly over the 11km diameter Great Red Spot (GRS) at the company’s copper-nickel-PGM Kalahari Suture Zone (KSZ) project, Botswana. GRAVITY SURVEY In December 2021, Kavango conducted a gravity survey over the GRS in Target Area B, covering boreholes KSZDD001 (1,000m) and KSZDD002 (currently 390m). The company acquired […]
Tag: Kavango Resources plc
Kavango resumes drilling at Ni-Cu project in KSZ, Botswana
Kavango Resources plc announced the start of drilling hole KSZDD002 at its nickel-copper project in the Kalahari Suture Zone, Botswana. PROGRAMME KSZDD002 is designed to intercept the B1 Conductor, a geophysical anomaly that the Kavango believes to be a prospective target for possible massive sulphide nickel or copper mineralisation. On 14 January, Mindea Exploration and […]
Kavango former CEO Michael Foster to retire
Kavango Resources plc announced that Michael Foster will retire as non-executive director of the company on 31 December 2021. Mr Foster joined the company as chief executive officer prior to its admission to the Official List in 2018. He helped guide Kavango through the IPO process and was instrumental in setting up the company’s operations […]
Kavango survey indicates strong conductor at KSZ
Kavango Resources plc’s downhole electromagnetic (DHEM) survey has indicated a strong conductor at the Kalahari Suture Zone (KSZ), Botswana. INCREASE The 100%-owned project covers 16 prospecting licences over 8,831.1km2 including 14 licences over a “significant” portion of the 450km long KSZ magnetic anomaly in the southwest of the country. Kavango is exploring for copper-nickel-PGM rich sulphide […]
Kavango signs MoU for 90% of copper-silver LVR project
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 […]
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. […]