Member Info for MakusN

"This could be the motherlode for the small London-listed explorer."

"Confirmation from Dr Holwell that cumulate rocks were present in the system has provided Kavango one of the last pieces in this complex jigsaw. These kinds of formations form a permeable, web-like lattice that allowed liquid metal sulphides to sink through as the magma cooled.

And a reminder: these metal sulphides could well contain huge amounts of copper-nickel-PGMs. This is what Kavango is now hunting.

It’s the culmination of years of work. It’s the reason why AIM-listed fellow explorers Power Metal Resources (LSE:POW) formed a JV with Kavango in Botswana. Everybody wants a piece of this. It’s the kind of fortune-making find that will could down in history."

"Kavango has confirmed conditions were right about 180 million ago in the Kalahari Suture Zone to create highly concentrated pools of super valuable and sought-after base metals, such as nickel and copper.

It’s hard to overestimate what this could do to a £6m market cap company. Some commentators are calling this the best opportunity on AIM today.

Kavango’s supporters see a nearly 400% rise in market cap since May as just the beginning of a long upward trend, with material upside in play here."

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

Interesting three part story of Voiseys Bay and how Diamond Fields was bought out for $4.5B only 18 months after the discovery

https://www.visualcapitalist.com/the-story-of-voiseys-bay-the-discovery-1-of-3/

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

"Dr Holwell's latest Review provides further strong evidence that Kavango is on target for a major base metal discovery.

We are getting extremely close to validating our entire exploration hypothesis for the Kalahari Suture Zone.

We will soon confirm our highest priority targets for the next phase of field exploration and will aim to begin the ground-based EM surveys before the end of the year. This will lead to drill target selection and a drilling programme in 2021.

My thanks and congratulations to all of Kavango's geologists, geophysicists and field staff who have done such a fantastic job over the last few months analysing and interpreting significant volumes of exploration data."

https://uk.advfn.com/stock-market/london/kavango-resources-KAV/share-news/Kavango-Resources-PLC-Strong-evidence-of-metal-sul/83519071

INTERIM MANAGEMENT REPORT 30 JUNE 2020

It gives me great pleasure as Chairman of Kavango Resources plc, a mining group targeting the discovery of world class mineral deposits in Botswana, to provide this management report to all our shareholders. The unaudited financial results for the six months ended 30th June 2020 produced an operating loss of US$254,000.

First, let me begin with the ongoing COVID-19 pandemic, which has clearly presented many challenges. As stated at the time of the last final results the Company took swift pre-emptive action to ensure the safety of all staff and senior management. All of the Company's directors, senior management and staff are now mostly working from home. The Company initiated a business continuity plan well ahead of the UK Government's initial advice on home working.

Botswana has dealt admirably with COVID-19 and has already started to ease travel restrictions in the country. Whilst this has been helpful the company has still been somewhat restricted in the field, although this situation is now improving. In the meantime, planned extensive desktop research work has most certainly paid off especially on the Kalahari Suture Zone [ KSZ].

Following on from Dr David Holwell's Mineral Systems Review, plus the updated Petrology Report for the KSZ which was prepared by Dr Martin Prendergast, the Company was extremely encouraged by the initial images from its computerised 3D geological modelling, developed from data obtained from the KSZ project in south-western Botswana.

These images confirm significant similarities between the northern (Hu****si) section of the KSZ and the giant Norilsk mining centre in Siberia. Norilsk accounts for 90% of Russia's nickel reserves, 55% of its copper and virtually all of its' platinum group metals.

The Company increasingly believes that Hu****si has the potential to host very significant copper, nickel and platinum group metal deposits.

The next steps at Hu****si will include our geologists selecting six of the most prospective "keels" at Hu****si for large loop, low frequency EM surveying to test for massive sulphide concentrations, which are known to be highly conductive.

The Company expects this work will result in the identification of high-priority targets for future drilling.

Most recently the Company formed a Strategic Joint Venture [SJV] with Power Metal Resources Plc who are also listed in London. The SJV will see the formation of a new, jointly owned, privately held company that is focuses on large-scale mineral exploration projects in Botswana. The SJV will enable the Company to inject new liquidity into its wider project portfolio, accelerate its plans for more extensive field exploration of the Kalahari Copper Belt Project (KCB) and focus its resources on target evaluation, followed by drilling, in the northern (Hu****si) section of the KSZ.

The SJV will be incorporated to enable a future separate listing, expected to be on either a Canadi

https://miningmaven.com/blog/1084-excitement-grows-as-power-metal-and-kavango-get-underway-in-kalahari-pow

Excitement grows as Power Metal and Kavango get underway in the Kalahari Copper Belt (POW, KAV)

Power Metal Resources (LSE:POW) and Kavango Resources (LSE:KAV) are to begin exploration on the Kalahari Copper Belt (KCB) in Botswana, where they are targeting a large copper-silver discovery.

Their 50:50-held KCB Joint Venture operates in a well-known area of newly-discovered sediment-hosted copper deposits that are now being developed as fully-fledged mining operations.

Chief executive Paul Johnson said the plan is to follow an “efficient, disciplined, and methodical approach” designed to build a geological model of the license area that can be tested swiftly through drilling.

Exploration will focus on soil sampling and geophysics to identify “dome structures” that are known to host potential copper deposits regionally. The JV will then quickly move on to test drilling of shallow targets.

Kavango and Power Metal’s licenses, PL036/2020 and PL037/2020, cover 1,294km2 immediately south of Botswana district capital Ghanzi. Here, they are surrounded by several hugely significant copper discoveries made in recent years.

11

Both are along strike west of Australian mid-tier miner Sandfire Resources (ASX:SFR), which is already working in the region on T3 and A4 dome-hosted copper-silver discoveries.

Meanwhile, Cupric Canyon Capital’s world-class copper and silver mine Zone 5 also sits in northwestern Botswana. This private firm raised $565 million in 2019 to develop its Khoemacau project. and its annual production is expected to exceed 63,000 tonnes of copper and 1.9 million tonnes of silver.

ASX-listed miner MOD Resources was working on a similar high grade copper-silver project nearby called T3 before it was snapped up in a £93 million takeover by Sandfire in October 2019.

News that exploration will get underway is the culmination of years of hard work by both Power Metal and Kavango to understand the region and the metals these structures hold.

The Kalahari Copper Belt extends a vast 1,00km-by-250km from northeast Botswana into central Namibia. Both countries are safe, mining-friendly jurisdictions.

And as The Economist noted recently, copper prices have been rising in tandem with gold, an unusual state of affairs during a period of manufacturing slowdown. As gold rose towards $2,000 per ounce, copper surged to a two-year high of over $6,500 in July 2020.

Economic downturns usually result in a predictable decoupling in the prices of the two metals. As gold climbs with investors seeking a safe haven, copper tends to dip as construction projects fall away. The steep shock caused by the Covid-19 pandemic did see copper prices drift from a peak of $6,300 per tonne in January to just over $4,700 in March. But despite lockdowns covering most of the western world, the price of copper did start climbing again and has continued this general trend into the latter half of the year.

With copper now behaving much more like gol

- Work already started on the ground on the KCB earlier this month
- KSZ EM to start in October
- Ditau work to start in October

"We are delighted to be able to restart field exploration in Botswana. The coming 12 months promise to be an extremely exciting time for Kavango.

29 September 2020

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Restart of field exploration in Botswana

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce the commencement of soil sampling across the Company's Joint Venture exploration licences in the Kalahari Copper Belt (the "KCB").

This marks an important next step in the Company's development, as it resumes field exploration in Botswana, following over six months of restrictions put in place in response to the Covid-19 pandemic.

Highlights

v Kavango's exploration manager has returned to Botswana having completed 14 days of mandatory quarantine

v Field exploration work recommenced on the KCB in early September. Work on the Kalahari Suture Zone ("KSZ") and the Ditau Project is scheduled to begin in October

v Kavango's exploration licences on the KCB include:

- 50% working interests in two prospecting licences, PL036/2020 and PL037/2020, to be held in a Joint Venture with Power Metal Resources (LSE:POW) (announced 21 September 2020), which cover 1,294km(2)

- Earning in a 90% interest in two prospecting licences PL082/2018 & PL 083/2018, held in a Joint Venture with LVR GeoExplorers (Pty) Ltd ("LVR"), which cover 1,091km(2)

v Initial orientation soil sampling on the four licences, comprising of:

- Sampling traverses 4km apart with sample stations at 100m.
- On site testing of samples for metal elements with a portable XRF Analyser (Niton)
- Shipment of samples to a laboratory in Johannesburg for further testing

v Follow-up ground magnetic surveying of identified deformation zones, over 25m intervals.

v Initial results expected Q4 2020

v Kavango and its Joint Venture partners plan to drill, once suitable targets have been identified

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

"We are delighted to be able to restart field exploration in Botswana. The coming 12 months promise to be an extremely exciting time for Kavango.

Thankfully, the Covid-19 restrictions have not caused too much disruption to our business. Our planned focus over the last six months was to deepen our understanding of our various strategic projects, through detailed analyses of large data sets and physical drill cores.

One of our main goals was to identify high-priority targets for follow up ground based geophysical surveying.

In line with our strategy for 2020-21, we have started work on our KCB Project and aim to complete an extensive soil-sampling programme by the end of the year. Our intention is then to move on to Ditau and the KSZ, where we plan to conduct high-powered ground loop surveys to pinpoint future potential high-impact drill targets."

Restart of field exploration in Botswana

Kavango's primary goal this year is to identify high-priority targets for drilling in 2021.

As reported on 13 May, fie

Kavango Metals 'gearing up' after announcing Botswana joint venture with Power Metal Resources

Kavango Resources PLC's (LON:KAV) Mike Moles speaks to Proactive London following the announcement of the Botswana strategic joint venture with Power Metal Resources.

The venture will see the formation of a new, jointly owned, privately held company that is focussed on large-scale mineral exploration projects in Botswana.

Moles says 'things are really gearing up now' and is confident funding is now in place to concentrate on resources in the Kalahari Suture Zone (KSZ).

https://www.proactiveinvestors.co.uk/companies/news/929712/kavango-metals--gearing-up--after-announcing-botswana-joint-venture-with-power-metal-resources-929712.html

KAV and POW

21 September 2020

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Botswana Strategic Joint Venture with Power Metals

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce the formation of a Strategic Joint Venture with Power Metal Resources Plc (LSE:POW) ("Power Metals").

The Strategic Joint Venture will see the formation of a new, jointly owned, privately held company that is focussed on large-scale mineral exploration projects in Botswana (the "Strategic Joint Venture").

The Strategic Joint Venture will enable Kavango to inject new liquidity into its wider project portfolio, accelerate its plans for more extensive field exploration of the Kalahari Copper Belt Project (KCB) and focus its resources on target evaluation, followed by drilling, in the northern (Hu****si) section of the Kalahari Suture Zone (KSZ).

Highlights

v Formation of new Botswana focussed exploration company

- Jointly-owned and operated by Kavango and Power Metals

- Privately held initially, with prospecting licenses covering 2,680km(2) of highly prospective land

v Kavango to transfer to the Strategic Joint Venture:

- Its two rare earths & copper prospecting licenses that cover the Ditau Project

- Two wholly owned copper prospecting licenses PL036/2020 and PL037/2020 on the KCB

v Power Metals to pay:

- GBP75,000 cash to Kavango

- The first $75,000 of exploration expenditure in the Strategic Joint Venture over two consecutive years (totalling $150,000, with additional exploration costs to be pro-rated thereafter)

- Up to GBP10,000 to cover costs of incorporating the Strategic Joint Venture

v Power Metals to issue:

- 6,000,000 shares in Power Metals to Kavango at 1.25p per share

- 5,000,000 warrants in Power Metals to Kavango, exercisable at 2p per share with a two-year life & 1 for 1 replacement warrants, exercisable at 5p per share over two years

v Kavango to initiate immediately the next phases of field exploration on the two KCB licences and at Ditau

v The Strategic Joint Venture will be incorporated to enable a future separate listing, expected to be on a Canadian or British stock exchange.

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

"We are delighted to confirm our Strategic Joint Venture with Power Metals.

Over the course of completing the due diligence for the sale of the interest in our Ditau Project it became clear there was a much greater opportunity for both parties.

Thanks to our extensive experience of working in Botswana, Kavango has been able to secure large-scale exploration projects. Each of these holds a great deal of potential, but our primary focus has always been on the KSZ.

Now that we have confirmed the Strategic Joint Venture with Power Metals, we can leverage the expertise and energy of the two companies to drive forward our current in

A 3D sectional view looking south down the KSZ (Hu****si section). It shows the "keels" and "wings " of the sills very nicely. The "keels" are where we would expect to find metal sulphide mineralisation as per the schematic (Barnes et al 2015) of a typical sill at Norilsk.

https://twitter.com/Skiboy10_/status/1304458572432994304?s=20

14:05 Fri 11 Sep 2020

Kavango shares 'striking' geological similarities to giant Norilsk nickel project in Russia

Mining Capital's Alastair Ford updates Proactive London following an update earlier this week from Kavango Resources PLC (LON:KAV). They've published initial images of three dimensional geological modelling developed from data obtained from the Kalahari Suture Zone (KSZ) project in south-western Botswana. The images confirm significant similarities between the northern Hu****si section of the KSZ and the giant Norilsk mining centre in Siberia. Norilsk accounts for 90% of Russia's nickel reserves, 55% of its copper and virtually all of its' platinum group metals.

https://www.proactiveinvestors.co.uk/companies/news/928888/kavango-shares--striking--geological-similarities-to-giant-norilsk-nickel-project-in-russia-928888.html

“If Kavango are correct it could be the next big thing in the mining industry”

Coming to fruition of a long period of desktop work undertaken during lock down
Based on compilation of huge amount of data from varying sources on KSZ (drill holes, airborne EM, existing available data etc.)
Built up a 3D picture of what is underneath Kalahari sands in collaboration with world leader Mira Geoscience
Big advance in moving toward finding a copper/nickel deposit
3D images of KSZ sills are remarkably similar to those at Norilsk – very encouraging
The sills have a deep keel to them and that’s where the massive sulphides reside like at Norilsk
Have now found the keels at the KSZ and can see them in 3D
Pick 5 or 6 best looking targets
Have just got back on the ground – large loop ground based EM surveying this year and drilling 2021
Only drill down to approx. 400m
Re: financing - Preferred option is a JV partner to share drilling costs of what would be an extensive campaign
History of prudent financial management and coming in under budget (though this has sometimes led to longer timescales)
Working towards proof of concept – got to demonstrate that our theory is correct – we are very close to that point
Once concept is proven then it will be relatively easy to find a JV partner and on good terms
Micro-probe work being done soon on nickel depletion at University of Leicester – final box to be ticked on similarities between KSZ and Norilsk
Most important thing now is to get the geophysical work done – once see conductive zones in the keels of the sills, and we anticipate there will be, then decide on drilling program and a JV partner

https://total-market-solutions.com/2020/09/10/kavango-resources-sept-2020/

8 September 2020
KAVANGO RESOURCES PLC
(“Kavango” or “the Company”)

3D Model confirms KSZ Norilsk style rock formations

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to publish initial images from its computerised 3D geological modelling, developed from data obtained from Kavango’s Kalahari Suture Zone (KSZ) project in south-western Botswana (the “3D Model”).

These images confirm significant similarities between the northern (Hu****si) section of the KSZ and the giant Norilsk mining centre in Siberia. Norilsk accounts for 90% of Russia's nickel reserves, 55% of its copper and virtually all of its platinum group metals.

Kavango increasingly believes that Hu****si has the potential to host very significant copper, nickel and platinum group metal deposits.

Highlights

? Kavango is the first company to prepare a computerised 3D geological model of the Kalahari Suture Zone (KSZ).

? Kavango’s geophysical team is conducting the 3D modelling in conjunction with Mira Geoscience, a world leader in computerised 3D imagery of geological and geophysical data.

? The 3D Model incorporates thousands of data points, collected from:

- 2 phases of airborne electro magnetic (EM) and magnetic surveying
- Drill hole data and CSAMT resistivity surveys over the northern (Hu****si) section of the KSZ

? The images depict flat lying Karoo gabbro sills in 3D, which bear a remarkable resemblance to those containing large deposits of copper, nickel and platinum group metal (Cu/Ni/PGM) rich massive sulphides in the Norilsk mining centre in Siberia.

- 10 district-scale sills identified, covering over 300km2 in aggregate
- Most of the sills lie within 400m of the surface, making them viable exploration targets

? Illustrative cross-sectional diagrams, highlighting “Norilsk style” rock formations and possible trap zones for massive sulphides, provided on the Company’s website

? Kavango’s geologists will now work to select up to six of the most prospective targets for follow up exploration and drilling.

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

“The imagery coming out of the computer-generated geological model is quite spectacular and potentially transformational for the Company. We are now able to view the gabbroic intrusions in 3D. We can see their shape, size thickness and their depth from surface. We can clearly identify and locate the thicker parts of the sills for follow up EM surveying. This is a major step forward in our exploration, which should culminate in an extensive drilling programme in the KSZ.”

The Hu****si 3D Model

Over recent months, Kavango’s geophysical team has been entering thousands of data points into the powerful Mira Geoscience 3D modelling software package.

The data includes proprietary data gathered by the Company from its surveying and drilling work in the KSZ, as well

KAV

"I think that the message is getting across, I think people do understand that we could be sitting on a huge copper deposit and there is enormous potential there and if we are successful I think people could make a huge amount of money."

https://total-market-solutions.com/2020/08/12/kavango-resources-2/

Kavango Resources' Mike Moles talks 'breakthrough' from new report on KSZ

2020-08-07 13:21:00

Kavango Resources PLC's (LON:KAV) Mike Moles speaks to Proactive London's Andrew Scott following an update on its Kalahari Suture Zone prospect. An independent consultant’s report has confirmed two further characteristics of the geology of the project that are shared by the Norilsk deposits in Russia, which host some of the world's richest mineralised zones of copper-nickel-platinum group metals.

https://www.proactiveinvestors.co.uk/companies/amp/news/926140

6 August 2020

KAVANGO RESOURCES PLC

New Petrology Report for KSZ, Botswana

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce the release of a new report by independent consultant, Dr Martin Prendergast, on the petrology and mineral composition of core samples, taken from the Kalahari Suture Zone ("KSZ") during the 2019 drill campaign (the "Report").

Significantly, Dr Prendergast's Report confirms two further shared characteristics of the geology of the KSZ and that of the Norilsk deposits in Russia. The Norilsk deposits host some of the world's richest mineralised zones of copper-nickel-platinum group metals ("PGMs").

Highlights

v The Report confirms:

- The presence of cumulate rocks
- Sulphide liquid fractionation

v Despite the continuing lockdown in Botswana, Kavango has been able to courier core samples from the 2019 KSZ drill campaign to a laboratory in Johannesburg for whole rock analysis and the preparation of polished thin sections. The thin sections and analytical data were then couriered to Dr Prendergast in Scotland for interpretation and reporting.

v Dr Prendergast's Report and the thin sections will now be sent to Dr David Holwell and his team at the University of Leicester for further interpretation and an update of his KSZ Mineral Systems Review ("MSR").

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

"The publication by our consultant, Dr Prendergast, of his report is an important step forward for the Company, as it seeks to validate its exploration hypothesis that one or more 'Norilsk style' deposits exist in association with magmatic rocks along the KSZ structure in SW Botswana.

There now seems little doubt that there was enough sulphur in the magma to form a metal sulphide liquid phase. Dr Prendergast's report suggests that as much as 50% of the nickel and perhaps all of the copper in the magma may have precipitated as metal sulphides. The quantity of metal sulphide precipitated is a function of how much magma passed through the system on its way to the surface. All the indications suggest that it was in the order of several thousand cubic kilometres. Where the metal sulphide was precipitated and eventually crystallised is now the main focus of the company's exploration. Geological modelling of the gabbroic intrusives in the Hu****si area identify areas of gabbro sill thickening similar to those associated with major orebodies at Norilsk. These zones of sill thickening are now being mapped and evaluated. Targets for ground based low frequency EM surveying are being selected and the surveys will be carried out once the Covid-19 restrictions have been lifted."

https://uk.advfn.com/stock-market/london/kavango-resources-KAV/share-news/Kavango-Resources-PLC-New-Petrology-Report-for-KSZ/83011897

Skiboy10
5 Aug '20 - 14:51 - 1571 of 1576 Edit

Zac Mir suggested a 5p target over the next couple of months based on the charts. Obviously some good news makes this more likely. Pick any or all of Mira Geoscience modelling update, Ditau update, KCB work programme, and potential KSZ JV news.

heck the TR1 carefully - owners are Mr and Mrs Edwards.
Skiboy10
24 Jul '20 - 13:18 - 1541 of 1547 Edit
0 2 0
Looks to me like two different private investors have gone over 3% holding lately

Mr and Mrs Edwards and also Mr Crucefix
Skiboy10
24 Jul '20 - 13:23 - 1542 of 1547 Edit
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Nearly 6M shares each is pretty significant for such a small company as KAV. Encouraging I think.
Spangle93
24 Jul '20 - 13:29 - 1543 of 1547 Moderate
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0 2 0
They also both recently declared significant holdings in PALM too...

Do you think their buying is what has driven the price rise here over the last fortnight
Skiboy10
24 Jul '20 - 14:01 - 1544 of 1547 Edit
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It must have had something to do with it. Question is why buy sooo much stock. Nearly 12m shares between them.
Skiboy10
24 Jul '20 - 14:08 - 1545 of 1547 Edit
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Maybe it's something beyond the KSZ and KCB? Something else going on in the background? Both Mikes have eluded to potential corporate activity lately but what does that mean? More questions than answer at the moment!
gasmanmick
24 Jul '20 - 14:11 - 1546 of 1547 Moderate
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0 2 0
Looks like good news coming and finally share price moving in right direction.
Skiboy10
24 Jul '20 - 14:14 - 1547 of 1547 Edit
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Market cap only 3M which is crazy given what could be under the KSZ.

Looking perky on increased volume.

Mira Geoscience 3D modelling report is due any day now