Kavango Resources Share News (KAV)

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Share Price: 1.225

Bid: 1.15

Ask: 1.30

Change: 0.00 (0.00%)

Spread: 0.15 (13.043%)

Open: 1.225

High: 1.225

Low: 1.225

Prev. Close: 1.225

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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

More News

21 Dec 2022 11:56

IN BRIEF: Kavango Resources appoints new executive director

Kavango Resources PLC - Botswana-focused metals exploration company - Appoints Jeremy Brett as an executive director. Says he is a senior geophysical consultant with 28 years international mineral exploration in most commodities. Says he has a strong background in geology, structure, ore deposit models, project management and strategy. Non-Executive Chair David Smith says: "Jeremy...has been working closely with Kavango since February 2022. Over this period, he has played a key role in enhancing the company's exploration programmes. Jeremy now joins the board, as we enter the next crucial growth phase for Kavango."

16 Dec 2022 21:53

TRADING UPDATES: Dev Clever to cancel shares; Tintra raises funds

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

25 Nov 2022 11:12

Kavango shares rise on survey breakthrough at Kalahari

(Alliance News) - Kavango Resources PLC on Friday said it has found success using controlled-source audio magnetotelluric surveys at one of its Kalahari assets, dubbing the results an "important breakthrough" for the company.

25 Oct 2022 14:53

TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans

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

24 Oct 2022 14:17

IN BRIEF: Kavango raises GBP3 million in placing for Botswana plans

Kavango Resources PLC - London-based mineral explorer focused on Botswana - Raises GBP3.0 million before expenses via the issue of 166.7 million shares at 1.8 pence each. The placing is conducted by First Equity Ltd with institutional and other investors "including high net worth and retail investors". Notes one "strategic cornerstone investor" subscribed for over half of the placing amount. Also conditionally completes issue of 8.1 million shares in a direct subscription.

21 Oct 2022 21:58

TRADING UPDATES: IOG loses CEO; AEW UK REIT sees assets fall

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

14 Oct 2022 10:30

Kavango Resources considers further exploration after system surprise

(Alliance News) - Kavango Resources PLC on Friday said it is considering next steps for drilling after the unexpected confirmation of an iron oxide copper gold system at its Ditau project.

12 Oct 2022 10:17

Kavango Resources excited by results from Kalahari licence surveys

(Alliance News) - Kavango Resources PLC on Wednesday said it has received encouraging results from surveys at one of its licences on the Kalahari copper belt.

11 Oct 2022 21:12

TRADING UPDATES: AssetCo net assets fall; VH Global seals deal

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

5 Oct 2022 18:04

TRADING UPDATES: Reabold says Shell strikes Corallian deal

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

28 Sep 2022 22:10

TRADING UPDATES: Harmony Energy plans raise; Kavango sets drill target

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

13 Sep 2022 13:44

TRADING UPDATES: Kavango wins new licence; Tlou progresses at Lesedi

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

9 Sep 2022 09:54

Kavango Resources loss widens; eyes new mineral targets in Botswana

(Alliance News) - Kavango Resources PLC on Friday posted a wider half-year loss as costs increased, but set out exploration plans in Botswana.

31 Aug 2022 16:46

IN BRIEF: Kavango Resources identifies drill target in Kalahari belt

Kavango Resources PLC - London-based mineral explorer focused on Botswana - Identifies large drill target prospective for copper on its Kalahari Copper Belt Mamuno licences PL049/2020 and 052/2020.

30 Aug 2022 17:49

IN BRIEF: Kavango Resources discovers gold, copper in Ditau drill hole

Kavango Resources PLC - London-based mineral explorer focused on Botswana - On receipt of analytical results from drill hole DITDD004 on target i10 at the Ditau Camp project in Botswana.

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IN BRIEF: Kavango Resources encounters metal sulphides at Kalahari

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