Kavango Resources Share News (KAV)

Kavango Resources gets approval to export Zimbabwe test samples

(Alliance News) - Kavango Resources PLC on Thursday said that it has received authorisation to export drill core samples from the Hillside gold project in Zimbabwe.

TRADING UPDATES: Ground Rents refinances; ECR Minerals loss narrows

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

Kavango Resources completes airborne survey of Bostwana copper asset

(Alliance News) - Kavango Resources PLC on Friday announced the completion of the final geological survey of its property in Botswana's Kalahari copper belt.

IN BRIEF: Kavango rises as eyes revenue from Zimbabwe mining arm

Kavango Resources PLC - Southern Africa-focused metals explorer - Announces that it expects to move to revenue in March, adding that it aims to double current production to one kilogram of gold a month over the course of 2024. Kavango also announces that it has signed its first contract to start immediate gold mining operations at its Hillside project in Zimbabwe. Also says that it has formed a new subsidiary in Zimbabwe, Kavango Mining Ltd. Chief Executive Ben Turney says: "Current revenue at Hillside amounts to around AUD30,000 per month, and the operation there is already profitable. Continuous production at Zimbabwe gold projects secures the ground and forms an important part of any long-term development plan. Our objective is to become a significant gold producer in this country, and this is our first step towards achieving this goal. If all goes well, there are other production opportunities we hope to bring to Kavango."

IN BRIEF: Kavango touts indicated gold at Nara project in Zimbabwe

Kavango Resources PLC - Southern Africa-focused metals explorer - Reports indicated mineral resource at an average of 0.62 grammes of gold per tonne at the Nara gold project in Zimbabwe, for a total of 5,860 ounces gold contained. Further, notes an inferred resource of 11,900 tonnes at 0.66 grammes of gold per tonne for a total of 253 ounces. Chief Executive Officer Ben Turney says: "While our primary objective is to discover larger-scale, bulk minable gold deposits, the 6,000 ounces of gold in the main tailings dump present an early opportunity for commercialising this project." He adds: "We will now commence metallurgical test work to optimise plant design to enable future gold production."

IN BRIEF: Kavango begins IP surveys at Hillside project, Zimbabwe

Kavango Resources PLC - Southern Africa-focused metals explorer - Says it has begun its IP surveys over four prospects at its Hillside gold project in Zimbabwe. Says the surveys are designed to identify sulphide bodies associated with high-grade gold-bearing shear structures related to historic and artisanal workings. Adds that four diamond core holes have been completed for a total of 1,306 metres at four prospects at Hillside, noting that visual observations from the cores are "encouraging". The samples are awaiting export permission for assay testing. An additional 1,400m of diamond drilling is planned to test targets identified by the current IP survey programme and extend intersections observed in recent drilling. Chief Executive Officer Ben Turney says: "IP surveys can be used to map underground metal mineralisation that is associated with gold. This can be a powerful exploration tool to plot the extent of possible ore bodies. The extra IP data will help guide future drilling, by providing Kavango with focused target areas."

TRADING UPDATES: Microsaic completes acquisition; Narf revenue soars

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

IN BRIEF: Kavango agrees call option extension for Hillside project

Kavango Resources PLC - Southern Africa-focused metals explorer - Agrees with sellers of Hillside project in Zimbabwe to extend the period for exercise of the option by 90 days. Parties entered original agreement on July 25 with an initial six-month term, with expiration on Wednesday.

TRADING UPDATES: Patent boosts for DG Innovate and Arecor Therapeutics

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

TRADING UPDATES: Aura eyes Tiris expansion; Kavango backs Pambili

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

IN BRIEF: Kavango rises on prospect licences acquisition in Botswana

Kavango Resources PLC - Metals exploration company with assets in Botswana and Zimbabwe - Acquires a 90% working interest in six prospective licences in Botswana's Kalahari copper belt for AUD1.5 million, or around GBP784,515, from Global Exploration Technologies (Pty) Ltd. Says it will pay GET two further instalments of AUD500,000 within 90 days and 180 days of the acquisition's completion. Says purchase provides Kavango with an extensive single contiguous project area in the Kalahari copper belt which covers 7,629 square kilometres. Chief Executive Officer Ben Turney comments: "These new licences grant us complete control of a contiguous, prospective system in an underexplored section of the KCB, a proven copper/silver region that hosts numerous mines and deposits."

Power Metal still likes Kavango but sells all shares back to execs

(Alliance News) - Power Metal Resources PLC on Monday said it sold its entire holding of 69.5 million shares in Kavango Resources PLC, but stressed that this "does not reflect any negative view" of the company.

UK shareholder meetings calendar - next 7 days

Kavango Resources to acquire six prospecting licences in Botswana

(Alliance News) - Kavango Resources PLC on Monday said it has signed a deal with Global Exploration Technologies Ltd to acquire six new prospecting licenses.

TRADING UPDATES: Menhaden net asset value up but Marble Point's slips

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