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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. ....
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. ....
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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. ....