Kavango Resources plc said it had identified four anomalies during its drill targeting exercise on its licence PL036/2020 in the Kalahari copper belt, western Botswana. TARGETS The Kalahari copper belt runs ENE-WSW from Botswana into Namibia where “multiple economic” copper-silver sedimentary rock hosted deposits have been discovered. The company’s programme targets PL036/2020, PL082/2018 and Mamuno […]
Tag: Kavango Resources plc
Kavango concept report confirms economic viability of GRS in KSZ
Kavango Resources plc said that a concept report confirmed the economic viability of the iron oxide copper-gold (IOCG) target at the Great Red Spot (GRS) in the northern (Hukuntsi) section of the Kalahari Suture Zone KSZ), Botswana. IOCG SYSTEMS The exploration company added that the IOCG target exhibited similar geophysical signatures to the Olympic Dam […]
Kavango’s Ditau rare earth and KCB projects valued at $8 million
Kavango Resources plc said it had received an independent valuation of US$8 million for its rare earth element (REE) Ditau Camp and Kalahari Copper Belt (KCB) joint venture in Botswana. VALUATION The 50-50 JV, under Kanye Resources plc, is between Power Metal Resources plc and operator Kavango which intends to regain 100% control of the […]
Kavango finds ‘Norilsk style’ cluster of EM conductors at KSZ North
Kavango Resources plc said it had identified a cluster of three electromagnetic (EM) conductors within Target Area B in the northern (Hukuntsi) section of the nickel-copper-platinum group element (PGE) Kalahari Suture Zone (KSZ) in Botswana. NORILSK MODEL The company added that the size and orientation of the conductors conformed to an idealised model for the […]
Power Metal-Kavango report further progress at Botswana projects
Power Metal Resources and Kavango Resources’ joint venture reported further progress from their rare earth element (REE)-base metals projects in southwest Botswana. JOINT VENTURE The 50-50 partners operating as Kanye Resources have assets comprising Ditau Camp and in the Kalahari Copper Belt (KCB). DITAU CAMP At Ditau, operator Kavango completed four diamond drill holes across […]
Kavango to acquire Power Metal share of Botswana JV
Kavango Resources plc is to acquire Power Metal Resources’ 50% share of their two-year joint venture and regain control of its rare earth element (REE)-base metal projects in Bostwana. KANYE RESOURCES The partners’ company Kanye Resources owns working interests in 10 prospecting licences in the Kalahari copper belt (KCB), covering 4,257km2. Kanye also owns two prospecting […]