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Ben Turney, Chief Executive Officer of Kavango Resources (LON:KAV) Talking To Share Talk


It has been a while since we last spoke to Ben, the recent news was the preliminary interpretation for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (“KCB”), from South Africa-based New Resolution Geophysics.

Highlights

·    Helicopter-borne gravity has clearly defined a WSW-ENE trending ~9 milliGal gravity high (Kara) underlying the Kara Anticline.

·    Historic drilling by ENRG, from whom Kavango in 2023 acquired a 90% interest in 6 licences, confirms the existence of lower DKF in the fold structures recently mapped and noted pathfinder minerals, pyrite, sphalerite, and galena.

Ben Turney, Chief Executive Officer of Kavango Resources, commented:

“Based on its analysis of regional copper-silver deposits in the KCB, Kavango believes the configuration of basin and sub-basin structures, including basin margins and intra-basinal highs, plays a pivotal role in many sedimentary copper models.

We’re quietly confident our Kalahari Copper Belt exploration programme is going to deliver.

The different exploration data sets we’ve gathered appears to point in the same direction, namely that our ground covers the style of large-scale system that could host significant copper-silver deposits.

We are now defining final target areas to test with ground geophysics and then drilling a little later this quarter.

This is great work from the Kavango team. Thank you all.”

The NRG geophysical survey covered 2,374 line-km of helicopter heliborne Time Domain Electromagnetic (“EM”), Magnetic, and Gravity data (announced >>> 22 March 2024)


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 April 3, 2024  6m