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IN BRIEF: Kavango Resources encounters metal sulphides at Kalahari

Tue, 16th Nov 2021 14:15

Kavango Resources PLC - exploration company focussed on Botswana - Reports completion of hole KSZDD001 in its Kalahari suture zone project, Botswana. Says it is the deepest borehole ever drilled into the "great red spot" magnetic anomaly and is the first to recover physical evidence of sulphide mineralisation in this system.

"We now await the results of petrology and geochemical analyses of our core samples to confirm the chalcopyrite's origin and to tell us more about the extent to which the great red spot is a favourable environment for massive sulphides," says Chief Executive Ben Turney.

Current stock price: 5.40 pence, up 5.9% on Tuesday

Year-to-date change: up 93%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
1 Jun 2023 15:52

UK shareholder meetings calendar - next 7 days

Friday 2 June 
Cap-XX LtdGM re fundraising
Conduity Capital PLCGM re future direction of the company
Kibo Energy PLCEGM re renewal of director authorisations to issue shares
Mirriad Advertising PLCGM re new ordinary shares admitted to trading on AIM
Purplebricks Group PLCGM re proposed sale of business & assets to Strike Ltd
Monday 5 June 
EnQuest PLCAGM
Tuesday 6 June 
Billington Holdings PLCAGM
Mast Energy Developments PLCAGM
NB Global Monthly Income Fund LtdAGM
Tasty PLCAGM
WANdisco PLCGM re new shares authorisation and fundraise
Wednesday 7 June 
City Pub Group PLCAGM
Gem Diamonds LtdAGM
Gulf Marine Services PLCAGM
Hostmore PLCAGM
LXi REIT PLCAGM
Pennant International Group PLCAGM
Third Point Investors LtdAGM
United Oil & Gas PLCAGM
Xpediator PLCGM re takeover by DLM Bidco
Thursday 8 June 
Ashtead Technology Holdings PLCAGM
Camellia PLCAGM
Checkit PLCAGM
Churchill China PLCAGM
CRH PLCCourt Meeting and EGM re proposal to transfer the company's primary listing to NYSE
Downing Renewables & Infrastructure Trust PLCAGM
Fair Oaks Income LtdAGM
Fusion Antibodies PLCGM re result of retail offer
Genflow Biosciences PLCAGM
Glenveagh Properties PLCAGM
Kavango Resources PLCAGM
Kosmos Energy LtdAGM
Melrose Industries PLCAGM
North American Income Trust PLCAGM
Oriole Resources PLCAGM
Panther Metals PLCAGM
REA Holdings PLCAGM
Renalytix PLCGM re director's authorization to allot new shares and equity securities for cash
Vaalco Energy IncAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
10 May 2023 12:37

Kavango shares jump on return to drilling at Kalahari Suture Zone

(Alliance News) - Kavango Resources PLC on Wednesday said it is due to start a drilling campaign on its Kalahari Suture Zone North project.

Read more
9 May 2023 12:20

Kavango Resources to receive GBP6.0 million investment from Purebond

(Alliance News) - Kavango Resources PLC on Tuesday said a GBP6.0 million investment in the company by Purebond Ltd will completed via a direct subscription.

Read more
5 May 2023 14:13

IN BRIEF: Kavango in advanced talks to buy Zimbabwe gold project

Kavango Resources PLC - London-based, Botswana-focused metals exploration company - Says it is in late-stage discussions to acquire an unnamed gold project in Zimbabwe. Says it has carried out preliminary drilling and exploration in the project area ahead of negotiations.

Read more
28 Apr 2023 17:13

EARNINGS SUMMARY: Supply@Me and Kavango Resources annual losses widen

(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
5 Apr 2023 11:50

Kavango identifies evidence of wider mineralised system in Botswana

(Alliance News) - Kavango Resources PLC on Wednesday said it has identified further evidence of a potential wider mineralised system at its Ditau project in southwest Botswana.

Read more
31 Mar 2023 16:39

TRADING UPDATES: FireAngel signs with British Gas; Shanta pours gold

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
13 Mar 2023 17:26

TRADING UPDATES: RC365 signs deal with Wching; Woodbois raises cash

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
6 Mar 2023 14:20

Kavango shares rise on possibility of gold at Ditau following review

(Alliance News) - Kavango Resources PLC on Monday touted a review of its Ditau project in Botswana, which has identified further gold potential at the site.

Read more
2 Mar 2023 20:02

IN BRIEF: Kavango Resources to focus on B conductors at Kalahari

Kavango Resources PLC - mineral exploration company focused on Botswana - Provides an operational update for its Kalahari Suture Zone North project.

Read more
28 Feb 2023 16:32

Kavango Resources in acquisition talks and outlines review findings

(Alliance News) - Kavango Resources on Tuesday said it was in talks regarding two possible acquisitions as it outlined three key areas of focus following a strategic review of its operations.

Read more
21 Feb 2023 15:54

UK shareholder meetings calendar - next 7 days

Wednesday 22 February 
Barkby Group PLCAGM
Gooch & Housego PLCAGM
Itaconix PLCGM re open offer shares
RWS Holdings PLCAGM
Tharisa PLCAGM
Thursday 23 February 
Bankers Investment Trust PLCAGM
Foresight Sustainable Forestry Co PLCAGM
IntegraFin Holdings PLCAGM
Friday 24 February 
Caledonian Trust PLCAGM
Ediston Property Investment Co PLCAGM
Monday 27 February 
Bonhill Group PLCGM re proposed capital reduction
Carr's Group PLCAGM
Diversified Energy Co PLCGM re capital raise and proposed acquisition
Oncimmune Holdings PLCAGM
Ramsdens Holdings PLCAGM
Tuesday 28 February 
Aberdeen Diversified Income & Growth Trust PLCAGM
Aquila Energy Efficiency Trust PLCGM re initial public offering vote
Cora Gold LtdGM re equity fundraising
Edge Performance VCT PLCGM re voluntary liquidation
Hambro Perks Acquisition Co LtdEGM business combination extension
Image Scan Holdings PLCAGM
Kavango Resources PLCGM re approving the issue of the Warrants 
Ncondezi Energy LtdEGM re change of name
Newmark Security PLCAGM
Reabold Resources PLCGM re capital reduction
Watkin Jones PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
20 Feb 2023 10:03

Kavango to refocus efforts on Karakubis after consultancy advice

(Alliance News) - Kavango Resources PLC on Monday emphasised the significance of consulting work over its Kalahari exploration programme, as it looks to refocus on the Karakubis project area.

Read more
17 Feb 2023 14:49

IN BRIEF: Kavango Resources completes drilling at Kalahari copper belt

Kavango Resources PLC - Botswana-focused metals exploration company - Completes drilling on the Kalahari copper belt licence. Says a total of 1,885.6 metres across seven holes were drilled, using combination of reverse circulation and diamond drilling. Kavango has sent samples from holes KCBRD005 and KCBRD007 to an internationally accredited laboratory to verify metal values

Read more
13 Jan 2023 14:46

IN BRIEF: Kavango Resources restarts drilling at Kalahari Copper Belt

Kavango Resources PLC - Botswana-focused metals exploration company - Starts drilling on the sixth and final hole in the current drilling programme at Kalahari Copper Belt this weekend following a summer break. Upon completion, the company expects to have drilled around 1,640 metres in the programme, exceeding original guidance.

Read more

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