Expansion of drilling, KSZ ops update and Placing
Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce an expansion to the Company s current drill programme in the Kalahari Suture Zone ( KSZ ), an operational update on the KSZ and a £1.94 million Placing.
Highlights Ø Expansion to drilling programme: - A 550m borehole to be drilled through Target B1, following completion of operations at Targets A2 & C1 (announced 10 June 2021) - Target B1 is 475m by 550m, with a conductance of approximately 8,200Siemens and decay constant estimated to be in excess of 350ms