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The conductor starts at about 250m depth and continues down to about 450m.

Kavango Resources: Strategic partnership with Spectral Geophysics and Kalahari project update

Kavango Resources PLC's (LON:KAV) Mike Moles and Ben Turney talk to Proactive London about the signing of a strategic partnership with Spectral Geophysics Ltd ("Spectral") (the "Strategic Partnership").

They also discuss the identification of an electro-magnetic (EM) anomaly in Target Area A in the Hu****si (northern) section of the Company's Kalahari Suture Zone ("KSZ") Project.

https://www.youtube.com/watch?v=lhAFFKBdAGo

from advfn

peace_n_blessings
16 Apr '21 - 20:41 - 2514 of 2514

Mike Foster has indicated that we can expect to get news early next week regarding the TDEM results.

"The KSZ could dwarf any other project in the region and potentially in Africa"

UK Investor Magazine
07/04/2021

https://ukinvestormagazine.co.uk/uk-retail-investors-could-be-shunning-domestic-equities-at-their-peril/

29 March 2021

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Prospecting Licence acquisitions on the Kalahari Copper Belt, Botswana

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce the signing of two agreements that would allow a 50/50 Joint Venture between Kavango and Power Metal Resources plc (LSE:POW) ("Power Metal") to acquire a 100% interest in eight prospecting licences (PLs) in the highly prospective Kalahari Copper Belt ("KCB").

Highlights

Ø The Joint Venture is incorporated in the Botswana registered, Kanye Resources (Pty) Ltd ("Kanye"), the 100% subsidiary of UK incorporated Kanye Resources Plc in which Kavango and Power Metal each hold a 50% interest.

Ø Kanye has signed two separate agreements to purchase 100% of the eight PLs. This includes:

- Four PLs in proximity to Ghanzi in the central zone of the Botswana KCB from Shongwe Resources (Pty) Ltd for US$200,000.

- A further four PLs near the town of Mamuno on the Namibian border for US$230,000, which has been signed with Vinmarsh Interprises (Pty) Ltd.

Ø Both transactions are subject to due diligence and the approval of the Botswana authorities.

Ø Kanye's two existing PL's that lie immediately south of the town of Ghanzi are currently held in the name of Kavango Minerals (Pty) Ltd and are in the process of being transferred to Kanye.

Ø After transfer of all ten PLs, Kanye will control 4,255km(2) of exploration ground in the KCB, targeting the discovery of commercial copper/silver deposits.

Ø Results from the South Ghanzi AEM surveys are expected in April.

Michael Foster, Chief Executive Officer of Kavango Resources, commented:

"The acquisition (subject to approvals in Botswana) of eight new prospecting licences is a major step forward in the development of Kanye Resources Plc as a significant player in the exploration for copper in the highly prospective KCB. Kavango's experienced "in country" exploration capacity combines well with the financial expertise and assets of Power Metal. We are happy with the progress we are making on this project and look forward to providing more updates over the coming weeks."

Kanye

Kanye Resources (Pty) Ltd, incorporated in Botswana, is a 100% subsidiary of UK registered Kanye Resources Plc and is the Joint Venture initiative between Kavango (50%) and Power Metal (50%). It is planned to list Kanye Resources Plc on the LSE later in the year.

Kanye currently has a 100% interest in the two Ghanzi South PLs on the KCB (1,294km(2) ) and the two "Ditau" PLs south of the town of Kang in central Botswana (1,386km(2) ), which is prospective for minerals associated with carbonatite including rare earth elements. All four PLs are being transferred from Kavango Minerals (Pty) Ltd into the name of Kanye.

Earlier in March SkyTEM completed over 1,300km of airborne EM surveying on the Ghanzi South PLs on behal

Appendix A

Warrant Issue No of Warrants Exercise Price Expiry Date

SI Capital 2019 BW 892,857 2.8p 12/03/2021
TP 2019 BW 535,714 2.8p 12/03/2021
‘A’ Warrants 49,810,875 1.0p 28/04/2021
‘B’ Warrants 58,560,875 2.5p 15/04/2023
FEL 2020 BW 6,706,364 4.25p 20/05/2023
2020 Placing 72,727,273 4.25p 20/05/2023

Total 189,233,958

Fig 4: -Kavango Summary of issued Warrant and to be issued ‘B’ Warrants.

NB1: ‘BW’ = ‘Broker Warrants’.
NB2: The ‘B’ Warrants’ are only issued if the‘A Warrants are exercised before 23 April 2021

Kavango Resources (KAV) - Ben Turney, Executive Director

•Feb 22, 2021

Shares Magazine Presentation

https://youtu.be/bmBZKa5XqyE

I make it about 20m outstanding

KAV @ 6mins

StockBoxMedia (@StockBox ????????) Tweeted: ChartCast 5 #SwazCharts
#StockBox #KAV #POW #RRR #EUA #GGP #GRL #BP #NTOG #CHF #TYM #TILS #ODX #NCYT

https://t.co/NDdGpDHc83

https://twitter.com/stockboxmedia/status/1353434685817282560?s=27

https://twitter.com/KavangoRes/status/1351148608456962048?s=20

KAV
PRESS RELEASE

17 December 2020

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Kalahari Copperbelt Exploration Update LVR Project

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce an exploration update from the Company's LVR Project in the Kalahari Copperbelt ("KCB").

The LVR Project includes two prospecting licences, PL082/2018 & PL083/2018, and cover 1,091km(2) . These Prospecting Licences ("PLs") are held in a Joint Venture with LVR GeoExplorers (Pty) Ltd ("LVR"). Kavango is earning a 90% interest in this project.

Highlights

v LVR Project is targeting near surface sedimentary copper/silver deposits

- PL082 borders PLs held by Sandfire Resources (ASX:SFR) ("Sandfire")

- Geology and target formations analogous to Sandfire and Cupric Canyon's discoveries and mine developments

- PL083 is located to the south west, in an underexplored segment of the KCB on the same geological trends

- Mobile camps set up to base future fieldwork from
- Immediate goal to identify regional metallic anomalies for future airborne electromagnetic ("AEM") surveying

v First soil sampling completed

- 6 lines run on targeted areas
- Line selection was guided by the interpretation of geological structures and regional magnetics

- 365 samples taken over 36.5km, at 100m spacing and 50m spacing over 2,500m
- Very thin Kalahari sand-cover encountered on PL082/2018, thicker cover at PL083/2018
v XRF analysis of soil samples

- Encouraging zinc (Zn) anomalies identified, with copper kicks
-- Zn is a recognised pathfinder element for the less mobile copper ions in the soil. Elevated levels of Zn indicate shallow mineralisation

- Selected samples sent to laboratory for assay testing. Results expected early 2021
v Follow up ground magnetic surveys and further soil sampling planned for 2021.

Michael Foster, Chief Executive Officer of Kavango Resources, commented:

"The LVR Joint Venture is rapidly turning into a significant copper/silver exploration project for Kavango. We were extremely fortunate to secure this earn-in arrangement when we did at the start of this year.

The proximity of one of the licences to the major metal discoveries at T3 & A4 (Sandfire), and the known regional geological structures, make these licences highly prospective. Now that we have started exploration work and have already identified zinc anomalies in the local soils, we are increasingly encouraged by the potential here. We look forward to undertaking airborne geophysical surveys early in the new year."

80 min interview today

????????????????????? ?????????????

The @MarketMusing boys welcome back Mike Moles, Technical director of @KavangoRes #KAV #KSZ

Mike explains in detail why he thinks the Company have a Norilsk style deposit in #Botswana - view the presentation video

https://www.youtube.com/embed/1tJJ726uzC4

"Finding even a small proportion of ‘Norilsk-style’ deposits would clearly transform the fortunes of the £5.7m market cap explorer.
In fact, if even one of its four targets bears fruit, Kavango Resources could become a nine-figure market cap company overnight. The upside potential here is immense. "

Full article here

https://miningmaven.com/company-news/63-kavango-resources/1104-kavango-resources-identifies-four-norilsk-style-mega-targets-kav

KAV & POW

LSE:KAV & LSE:POW

Power Metal Resources* (POW LN) 2.15p, Mkt cap £20m – Field exploration commenced on the Kalahari Copper Belt

Kavango Resources (KAV LN) 2.85p, Mkt cap £5.5m

Power Metal has commenced exploration fieldwork on the South Ghanzi Project, on the Kalahari Copper Belt (KCB) in northwest Botswana. The two prospecting licenses at South Ghanzi are held in a 50% owned strategic joint venture with Kavango Resources, as announced September 2020.

The JV's highly prospective South Ghanzi licences are strategically placed in the centre of the KCB, a strata-bound copper-silver trend extending over 1,000km along the northern boundary of the Kalahari carton in Botswana and Namibia. The JV's highly prospective South Ghanzi licences are strategically placed in the centre of this trend and in close proiximity to other exploration targets and resource projects.

Field based exploration activities targeting the discovery of sedimentary copper deposits have recently commenced under the operational management of Kavango, with both soil sampling and ground magnetic geophysics surveys which seek to delineate regional targets for future AEM surveying.

335 soil samples have been taken across six lines, totalling 33.5km.The samples were sieved to 50 microns and are now being analysed using a portable XRF Analyser.

Selected samples will then be sent to a laboratory for further testing.

Ground magnetic surveys were also conducted over 68.8km, with the survey covering a number of sub-outcropping redox boundaries- typically associated with copper mineralisation. Line spacing was set at 200m, with 10m-station spacing. The survey data is now being processed and plotted.

Results from the laboratory testing of the soil samples and the reprocessing of the ground magnetic data are expected later this month.

The JV expects to conduct AEM surveys over prospective sections of the South Ghanzi project in the New Year, and will work towards test drilling of shallow targets once a 3 dimensional exploration model has been developed following the completion of the aforementioned exploration activities.

In recent years, the KCB has attracted substantial exploration interest, including Cupric Canyon Capital's Zone 5 deposit, which hosts a Total Mineral Resource of 91.7mt @ 2.1% Cu & 14g/t of silver. In July, Cupric raised US$650m for the construction of the Khoemacau Starter Project with previously announced plans to begin mining Zone 5 in mid-2021.

Michael Foster, CEO of Kavango Resources, commented: The region has become one of the world's foremost frontiers for copper exploration, hosting a number of world-class discoveries. We are targeting similar geological formations that have been shown to host economic deposits elsewhere on the KCB.

Paul Johnson CEO of Power Metal Resources has previous experience exploring in the area, commenting: Personally, I am delighted to return to the Kalahari Copper Belt and follow a similar pa

Skiboy102 Dec '20 - 15:39 - 1999 of 2005

????????????????????? ?????????????

The @StockBoxMedia team welcomed back Mike Moles, Director of Kavango Resources #KAV @KavangoRes #KSZ

Mike discusses the 4 Norilsk targets that the Company have identified for follow up EM surveys

https://twitter.com/stockboxmedia/status/1334042570041810944?s=12

Skiboy102 Dec '20 - 15:41 - 2000 of 2005

Another longer in-depth interview next week.

soulsauce2 Dec '20 - 15:41 - 2001 of 2005

Cheers Skiboy, look forward to listening later.

Skiboy102 Dec '20 - 15:51 - 2002 of 2005

Hillary Gumbo back in Botswana tomorrow to supervise first large loop EM survey starting next week. It will take a week to setup and a week to complete the survey. Mike says this is very exciting.

Skiboy102 Dec '20 - 16:01 - 2003 of 2005

If they can detect high speed conductors within the gabbro there is very little else it can be other than mineralisation.

Skiboy102 Dec '20 - 16:02 - 2004 of 2005

Loop survey is 1km x 1km in size and it detects up to 3km x 3km so 9 square km at a time

Skiboy102 Dec '20 - 16:07 - 2005 of 2005

They will have an indication of the presence any conductors immediately and probably a couple of weeks or so to get full results. Any conductors within the gabbro will be drill targets.

Vox Markets Podcast
@VoxPodcast
On the @********** podcast today, Alan Green CEO @Brand_UK talks about: i3 Energy #I3E Kavanago Resources #KAV & Mirriad Advertising #MIRI

https://twitter.com/VoxPodcast/status/1333439423770488832?s=20

From the podcast

"Could be the find of the century"

30 November 2020
KAVANGO RESOURCES PLC

4 ‘Norilsk style’ target areas selected in the KSZ

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of worldclass mineral deposits in Botswana, is pleased to announce the selection of 4 ‘Norilsk-style’ primary target areas in the northern (Hu****si) section of the Company’s Kalahari Suture Zone Project (“KSZ”).

Highlights

? The 4 target areas in the Hu****si section of the KSZ (the “Targets”) were selected usingthe 3D Magnetic Model developed by Kavango’s geophysical team in conjunction with Mira Geoscience Inc.

? Target area selection was guided by a re-assessment of diamond drill hole CKP 8A by Dr David Holwell (Associate Professor at the University of Leicester).

- The 460m-drill hole was completed by the Canadian funded Kalahari Drilling Programme in 1983 and recently re-logged and sampled by Kavango geologists.

- The hole intersected 160m of Karoo gabbro and remains, in gabbro, and open at depth.

- Petrography work by Dr Holwell identified primary magmatic chalcopyrite (copper/iron sulphide) in the gabbro.

? An ongoing detailed ground magnetic survey over the Target areas aims to acquire added precision to the location and geometry of the targeted intrusive bodies.

- Kavango’s exploration team will report on the results of this once complete.

? Large loop, low frequency ground electromagnetic (“EM”) surveys will begin on the Targets in the coming weeks.

- These surveys will test for “high-speed EM conductors” associated with magmatic sulphide mineralisation containing copper-nickel-platinum group metals (“Cu-Ni-PGMs”).

? An MSc research project in collaboration with the University of Leicester (the “Research Project”) will begin in January.

- The Research Project will focus on the minerology and geochemistry of the gabbro intrusives in the Hu****si area and compare them with those hosting world class magmatic sulphide deposits (including Norilsk).

- Dr Holwell will supervise the Research Project, which will employ advanced analytical techniques (including electron-microprobe work) to test samples provided by the Company from previous drilling.

Michael Foster, Chief Executive Officer of Kavango Resources, commented:
“Over the last six months Kavango has made a great deal of progress validating the Company’s exploration hypothesis that the KSZ hosts one or more world-class deposits of Copper, Nickel and Platinum Group Metals. Following approval by the FCA for the Company’s prospectus (available on the Company’s website) with respect to the recent £2million fund raising, Kavango is ready to move into the next phase of vitally important field exploration at Hu****si.
Our immediate goal will be to detect significant electromagnetic conductors in our 4 primary target areas, to determine specific targets for future drilling. We are in advanced discussions with a local specialist contractor, who will undertake the large loop surv

My understanding is that it was related to the IPO back in 2018 and she helped the company 'get over the finish line' so to speak. Not a reflection of company's prospects. The chairman holds 9.4m shares.

10 November 2020 - KAV

Proposed placing to raise £2,000,000

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce that it has conditionally raised £2,000,000 before expenses by the issue of 72,727,273 New Ordinary Shares in the capital of the Company ("New Ordinary Shares") at a price per share of 2.75 pence.

Michael Foster, Chief Executive Officer of Kavango, commented:

“We are very pleased to have received such strong backing from investors, as we now enter an exciting phase of Kavango’s development. The Company sought to raise a maximum of £2 million and I am happy to report that the placement was over-subscribed.

We are now well funded to pursue our ambitious exploration plans and unlock what we believe is the Kalahari Suture Zone’s (“KSZ”) considerable potential. We have taken great strides over recent years to validate our overall exploration hypothesis that the KSZ is host to one or more large Copper-Nickel-PGM deposits.

Over recent weeks we have continued further analysis of the extensive geological data we have compiled and will announce shortly our highest priority target areas.”

Use of funds

The Placing is to raise funds to meet exploration costs across the Company’s portfolio of project in Botswana, JV commitments and general working capital as set out below.

The Net Proceeds of £1.9m raised through the Placing, being the gross proceeds of £2.0m, less transaction costs, will primarily be used to carry out proposed exploration work, provide working capital to the Group and to meet its regulatory and administrative commitments.

Kavango’s primary proposed work programme will be focused on the KSZ Project. Here the Company plans to complete “large loop” electromagnetic surveys to identify high-priority drill targets for a major drill campaign to commence in 2021.

The Company also plans to commit working capital to fund further exploration across its interests in the Kalahari Copper Belt (“KCB”) and at Ditau. Two of the KCB prospecting licenses and the two Ditau prospecting licenses are subject to a Strategic Joint Venture with Power Metal Resources Plc. The other two KCB prospecting licenses are subject to a farm-in agreement with LVR GeoExplorers (Pty) Ltd.

Market Flashes

Massive sulphides and MASSIVE potential in the Kalahari Suture Zone for Kavango Resources

23 Oct 2020 | Tom Rodgers

https://www.valuethemarkets.com/2020/10/23/massive-sulphides-and-massive-potential-in-the-kalahari-suture-zone-for-kavango-resources-lsekav/