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Kavango Resources PLC (LSE:KAV) | RNS | Kavango Resources - KSZ Hukuntsi

KSZ Hukuntsi - TDEM conductor identified   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 an electro-magnetic (EM) anomaly in Target Area A in the Hukuntsi (northern) section of the Company s Kalahari Suture Zone ( KSZ ) Project. The anomaly appears to be a large conductive body (the Conductor ) that lies between 250 and 700m from surface and appears to sit within the lower parts of a gabbro keel , as predicted by the Company s proprietary 3D-Underground Model of Hukuntsi announced on 8 September 2020. Kavango believes this is in a promising geological setting.

Kavango Resources PLC identifies huge conductive body at the Kalahari Suture Zone

To date the Kalahari Suture Zone has shown intriguing similarities to the famous Norilsk deposit in Russia Kavango Resources PLC (LON:KAV) identified an electro-magnetic anomaly in Target Area A in the Hukuntsi section of the company s Kalahari Suture Zone project in Botswana. The anomaly appears to be a large conductive body that lies between 250 and 700 metres from surface and appears to sit within the lower parts of a gabbro keel , as predicted by the company s  three dimensional underground model. Spectral Geophysics Ltd, which is conducting the surveys on behalf of Kavango, described “a shallow dipping, discrete conductor at least one kilometre in strike with a large decay constant that could indicate the presence of metallic sulphides.

Today s Market View - BlueRock Diamonds; Cornish Metals; IronRidge Resources; Kavango Resources ;Mkango Resources; Shanta Gold and more

BlueRock Diamonds (AIM:BRD) – Q1 Production update highlights work towards higher throughput Cornish Metals (AIM:CUSN) – Cuprite at United Downs IronRidge Resources (AIM:IRR) – Additional high-grade intersections at Ewoyaa lithium project Kavango Resources (LON:KAV) – Electro-magnetic anomaly identified at KSZ project Mkango Resources (LON:MKA) – Flotation pilot plant test-work completed Petra Diamonds (LON:PDL) –Q3 production and improving diamond market Rio Tinto (LON:RIO) – Q1 production performance maintains production guidance across all product groups Shanta Gold (AIM:SHG) – Drilling results expand the New Luika resource and drilling continues at the West Kenya project Zamare (Private) – Zamare raises funds for further copper exploration in Zambia

Investegate |Kavango Resources Announcements | Kavango Resources: Completion of first TDEM survey KSZ

Kavango Competent Person Statement The information in this press release that relates to geological and/or geophysical results for the South Ghanzi Project is based on information compiled or reviewed by Mr Mike Moles BSc (Geology) & BSocSci (African Studies), a competent person who is a Member of the Australian Institute of Mining & Metallurgy. Mr Moles has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves . Mr Moles consents to the inclusion in this release of the exploration results for the Project in the form and context in which it appears. Mr Moles is a beneficial shareholder of Kavango Resources plc.

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