Kavango Resources confident it has found several mineralised systems at Ghanzi South
The South Ghanzi project licences lie within the Central Structural Corridor of the Kalahari Copper Belt immediately south of the town of Ghanzi.
Kavango Resources PLC (LON:KAV) shares rose in early deals on Friday after an update on the South Ghanzi Project in the Kalahari Copper Belt (KCB).
The exploration company said seven conductive targets had been identified by the airborne electromagnetic (AEM) surveys conducted in February. Each anomaly represents a potential drilling target.
The findings align closely with previous fieldwork conducted by Kavango and the established regional exploration model for the discovery of major copper/silver deposits within the KCB, the company told investors.
South Ghanzi - copper/silver exploration update
Extensive anomalies identified, including seven AEM conductive targets
Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in
Botswana, is pleased to announce the identification of seven conductive targets in the Company s South Ghanzi copper exploration project ( South Ghanzi ) in the Kalahari Copper Belt ( KCB ).
The seven targets were defined by the Airborne Electromagnetic ( AEM ) surveys flown over South Ghanzi in February. Follow up ground-based exploration of the geophysical anomalies has delivered very encouraging results, with close correlation between copper-zinc in soils geochemistry, regional geological mapping and the AEM data.