Kavango Resources plc has extended the completion date to acquire the Nara gold project in Matabeleland, southern Zimbabwe.
COMMITTED
The company has agreed with the seller to extend the date to 27 February 2026 in order to formalise legalities.
“Both parties remain committed to completion and the execution of the Nara sale and purchase agreement as soon as possible,” said Kavango.
Kavango signed the two-year option in July 2023, which it exercised in July of this year.
The acreage comprises 45 claims and includes four historic mines and a tailings dump.
The company’s two other Zimbabwe gold projects are Hillside and Leopard.