Member Info for Professor1

BCB and all

Can't wait for this to come to fruition. Good wishes to all here.

Another RNS could land anytime

Assay results confirm Ni grades for pentlandite-bearing university mineralogical samples:
IMK-05139 (0.44m pyroxenite sample from 310m down-hole depth) assayed at 6,999ppm Ni (0.70% Ni) from a primary magmatic, pentlandite-bearing, assemblage.
IMK-05149 (0.58m pyroxenite sample from 295m down-hole depth) assayed at 6,606ppm Ni (0.66% Ni)
IMK-05153 (0.54m pyroxenite sample from 297m down-hole depth) assayed at 2,244ppm Ni (0.22% Ni)
Both IMK-05149 and IMK-05153 contained primary pentlandite within predominant secondary nickel sulphides, arsenides and alloys.
Further assay data for gold and PGE content for the reported intervals is currently awaited.
On-going work
Laboratory analyses of the core from the first two boreholes is continuing. The core from the third borehole is being logged by our consultant geologist and samples will be selected for laboratory analyses. The University of Witwatersrand research team plan to visit Botswana to examine the core once travel restrictions are lifted.

Re-interpretation of all the geophysical data is also proceeding with the integration of the large amount of geological data obtained from the first three boreholes. The majority of the targets identified prior to the first drilling campaign remain to be drilled and the new geophysical and spectral data acquired in 2020 has also identified new exploration targets.

Completion of the first phase of drilling
Diamond drilling commenced at the MFC Project in October 2020 and to date three holes have been completed. Examination of the drill core to date has demonstrated the geological model for the presence of a magmatic feeder zone prospective for the accumulation of Ni/PGE sulphides in the intrusive system.

More recently core samples were sent to Geology Department of the University of Witwatersrand in Johannesburg for thin section mineralogical analysis. This analysis confirmed the presence of nickel sulphides in the drill core adding more weight to the geological proposition.

We have now received results back from Scientific Services Geological Laboratories where drill core samples from hole KKME 1-6 were sent for assay testing.

HIGHLIGHTS:
The first batch of assay results for nickel (Ni), copper (Cu) and zinc (Zn) have been received for the diamond drilling programme at the Molopo Farms Complex Project.

Angled diamond drill hole KKME 1-6, downhole, significant Ni intersections include:

4.8m @ 0.2% Ni from 292.7m
4.1m @ 0.49% Ni from 309m, including 1.6m @ 0.72% Ni from 309.6m
16.7m @ 0.16% Ni from 501.8m
10.9m @ 0.13% Ni from 518.2m
3.4m @ 0.28% Ni from 594.4m
As drill core was selectively sent for sample analysis the reported mineralised intervals are considered to be open.

Metal
Spot on. Agree

MEM - this is the reason for the rise today. Amicable solution looks most likely for this very reason - hence the talk on the new JV (hoping with a major) partner.

Keep holding your chips!! You don't know when the news will hit

I believe governments will be bringing back gold standard to the currency. So gold buying by the governments is going on. True inflation is much much higher than the official rates I believe. Gold juniors will be the talk of the day in time to come By the way tried ordering a medium pizza with a garlic bread and potatoes wedges from a well known chain - comes to £38, surely that's insane.

Mickey and all

Messaged Mark yesterday late evening Australia time and Mark replied back this morning. Will call him when free.

Things are warming up for sure.

Kutzz
If Cameroon shows up good, Orr will get into a different league. Let's hope that we get some good news on that front

After a long long time, I have today written to Mark. Obviously its late evening there so I hope to get a response sometimes this week if he is not too busy.

JL

Well well. That's amazing. You should have put more. Enjoy the drinks.

Was there a big buy yesterday too?

Mickey
Can't stop thinking something is brewing. Possible announcement?

Dr R
Have a look at Kavango Resources projects in the Kalahari Copper Belt. Good place to have some eggs.

? There are strong mineralogical similarities between the hanging wall and
mineralised zone; including the occurrence of titanite, and magnetite, chlorite and
sericite.
? Magnetite shows an association with the mineralisation, containing inclusions of
chalcocite and bornite.
? Positive magnetic susceptibility and negative total magnetic field anomalies are
commonly coincident with or proximal to mineralisation.
? There is a direct correlation between mineralised coarser sandstone units and
higher magnetic susceptibility.
? Airborne and ground magnetic surveys suggest that the magnetic units are
remanent.

Thanks Keith / Fukuro - much appreciated

Dr R

This is the reason why these two majors are with Omi. Hold tight and keep collecting when the opportunity, like now, arises.

GLA

Thanks Orange

Does this imply that Kavango have already entered into (FORMAL ?)discussions with potential partners about doing business together?

Good evening guys

Did I hear correctly - on replaying yesterday's interview on proactive - At 29 mins 15 secs, he says " We have a couple of NDAs out there" when asked about potential JVs. What is the significance of having a couple of NDAs at this stage?

Thanks