Kavango Resources plc said it had completed the third diamond drill hole on the i1 target and started drilling the next target at the Ditau Camp joint venture (JV) rare earth element (REE)-base metal project in southwest Botswana. DITAU CAMP The 50-50 JV, under the name of Kanye Resources, is between Kavango as the operator […]
Tag: Kavango Resources plc
Kavango-Power Metal intercept main target at Ditau
Kavango Resources plc said it had appeared to have intercepted the magnetic anomaly at the projected target depth at the rare earth element-base-precious metals project at Ditau Camp in Botswana. TARGET i10 The 50-50 joint venture, under the name of Kanye Resources plc, is between Kavango as the operator and Power Metal Resources plc. Kavango […]
Kavango Resources raises £750,000 through placing
Kavango Resources plc said it had raised £750,000 through a “heavily oversubscribed” placing at 3p per share over the weekend. The company added that this was at no discount to the offer price of Kavango’s shares at close on Friday 6 May. A total of 25,000,000 new ordinary shares were placed by First Equity Ltd, on […]
Kavango notes potential second target at Great Red Spot in KSZ
Kavango Resources plc said it had found a second target, similar to the Oylmpic Dam polymetallic operation, in the Great Red Spot (GRS) in its Kalahari Suture Zone (KSZ) nickel-copper project in Botswana. GREAT RED SPOT The company added that the GRS conformed to an idealised model for a large iron oxide copper-gold (IOCG) style […]
Kavango-Power Metal expand exploration at Ditau
Kavango Resources plc has started a second drill hole and expanded its exploration programme at Ditau Camp rare earth element (REE)-base metals joint venture (JV) in Botswana. JOINT VENTURE The 50-50 project comprises the operator and Power Metal Resources plc, as Kanye Resources. The JV holds two prospecting licences of PL169/2012 & PL010/2019, covering 1,386km2 […]
Kavango-Power Metal complete first Ditau borehole
Kavango Resources plc and Power Metal Resources plc have completed the first diamond drill hole at the Ditau Camp rare earth element (REE) project in Botswana. JOINT VENTURE Ditau is a 50-50 strategic joint venture, operating as Kanye Resources, between Power Metal Resources plc and Kavango as the operator. The project comprises two prospecting licences […]