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Kavango Resources PLC - Southern Africa-focused metals explorer - Reports indicated mineral resource at an average of 0.62 grammes of gold per tonne at the Nara gold project in Zimbabwe, for a total of 5,860 ounces gold contained. Further, notes an inferred resource of 11,900 tonnes at 0.66 grammes of gold per tonne for a total of 253 ounces. Chief Executive Officer Ben Turney says: ‘While our primary objective is to discover larger-scale, bulk minable gold deposits, the 6,000 ounces of gold in the main tailings dump present an early opportunity for commercialising this project.’ He adds: ‘We will now commence metallurgical test work to optimise plant design to enable future gold production.’ Current stock price: 0.78 pence each, up 12% on Wednesday afternoon in London 12-month change: down 34% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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