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Kavango Resources PLC - London-based mineral explorer focused on Botswana - Says it redesigned two opportunities at the B1 target area at its Kalahari Suture Zone prospect in Botswana. The B1 target area has been re-modelled and contains two conductor targets which it believes are prospective for nickel-copper sulphides.
Chief Executive Officer Ben Turney says: ‘Armed with the downhole survey data we gathered from KSZDD002, we have a high degree of confidence in the configuration of the follow up Surface TDEM and DHEM surveys over the B1 Target Area. These have been designed to refine the geometries of the two targets we have modelled.
‘The 16,000 Siemens, slightly dipping modelled body is of most interest at this stage. As exciting as this target could be, we have to plan prudently to maximise our chances of intercepting it with the drill bit at the next attempt. We will mobilise the team and surveying equipment to test as quickly as we can this target and the 2,500 Siemen vertically dipping modelled body.’
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12-month change: up 4.0%
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