Arkle Resources plc plans to start exploring soon on its recently acquired uranium project in the Erongo Region of Nambia. ALASKITE The four 85%-owned exclusive prospective licences, covering 540 km² and located adjacent to major projects, last year underwent sampling programmes. Arkle said it was fully funded to carry out phased exploration work during 2026, […]
Tag: Botswana
Kavango issues 74m shares
Kavango Resourcs plc will issue 74,016,243 new ordinary shares to Comarton Consultants Ltd and nine pension funds, under the Comarton managed pension funds investments consortium. TVRs The consortium’s agent and administrator is Zimbabwe-registered Comarton. Kavango said that the shares issue increased the total number of consortium pension funds invested in Kavango to 12. On admission, the funds will have […]
Kavango prepares drill targets at Karakubis
Kavango Resources plc is preparing final targets for a follow-up drilling programme at the 6,200km2 Karakubis copper project in the Kalahari copper belt, Botswana. DEPOSITS The company is targeting large-scale copper-silver mineralisation within the acreage of contiguous licences located on the border with Namibia Completion of a six-month ground geophysical programme, working with First Quantum Minerals […]
Arkle raises £500,000
Arkle Resources plc has raised £500,000 via a private placing of 166,666,667 new ordinary shares at 0.3p per share with existing and new shareholders in the UK and Ireland. DIRECTORS The placing price represents a premium of 28%. Each placing share has one warrant attached to subscribe for one new ordinary share at 0.3p, for […]
Arkle awarded further licence in Makgadikgadi
Arkle Resources plc has been awarded a further prospecting licence in the Makgadikgadi salt pans in Northeastern Botswana. DRILLING Licence PL 0238/2025 covers 775 km2 and is adjacent to the company’s two existing licences which cover 837km2. Arkle aims to discover lithium in the brines with work so far identifying “depths of brines across the […]
Kavango chairman retires
Kavango Resources plc, focused on Botswana and Zimbabwe, announced that its chairman David Smith will retire from the board on 30 June 2025, among other management changes. COMPANY MOVES A solicitor and previously a partner in the company’s solicitors, Druces LLP, Mr Smith assumed his role in January 2021. “The company has advanced and developed […]