Kavango Resources plc today began trading on the Victoria Falls Stock Exchange in Zimbabwe, as a secondary listing. TVRs Shares issued include those from the July fundraise on the VFEX via a subscription and issuance of share awards to eligible employees. Of the total 330,455,092 new ordinary shares in the subscription, 69,364,667 will be issued […]
Tag: Kavango Resources plc
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 […]
Kavango begins 1,400m drilling at Bill’s Luck
Kavango Resources plc has started its resource drilling programme, designed to increase production, at Bill’s Luck gold mine on the Hillside project in Zimbabwe. PAYBACK The 1,400m campaign comprises diamond drilling, infill diamond drilling and reverse circulation drilling, ahead of defining an inaugural mineral resource estimate suitable for three years’ mining. Operations will focus on […]
Kavango notes ‘impressive’ intercept at Bill’s Luck
Kavango Resources plc has returned a second high-grade gold intercept in a “gold-bearing structure” at Bill’s Luck gold mine on the Hillside project in Matabeleland, southern Zimbabwe. INVESTMENT Hole BLDDUG006 was drilled to a depth of 75.48 metres with assays showing grades of 13.60 grams a tonne over 10.40m from 64m to 74.40m. This also […]
Kavango indicates ‘wider potential’ at Bill’s Luck
Kavango Resources plc reported “highly encouraging” results from underground drilling at Bill’s Luck gold mine on the Hillside project in Matabeleland, Zimbabwe. GOLD SYSTEM Operations are testing the strike and down-dip continuity of existing and newly discovered mineralised reefs. Intersections in a “gold-bearing structure” include from 47.36 metres to 51.72m of 11.79 grams a tonne […]
Kavango exercises Nara gold option
Kavango Resources plc has exercised its option, signed in June 2023, to acquire 100% of the Nara gold project in Matabeleland, Zimbabwe. LISTING The project comprises 45 contiguous gold claims, each of 10 hectares, and covers four historic mines as well as a tailings dump. Over two years, the company has conducted drilling programmes, ground […]