2nd Oct 2019 11:55
(Alliance News) - Kavango Resources on Wednesday said drilling at the Kalahari Suture Zone in Botswana will begin shortly.
The mineral resource company said the programme is likely to take several weeks and the initial plan is to conduct roughly 1,000 metres of drilling at the copper discovery.
Kavango has secured a contract with an experienced Botswana drilling company that has been involved in the discovery and a number of others in the Kalahari belt.
The firm outlined three priority targets for drilling, all of which are near water sources and close to the administrative town of Hukuntsi.
Chief Executive Michael Foster said: "Kavango has identified a number of drill targets, which we believe are highly attractive. These priority targets are now ready for drilling. The drilling company has been mobilized and within a short period of time we will be drilling on the Kalahari Suture Zone.
"This has been an innovative and systematic mineral exploration programme in a very under-explored region of south west Botswana that we believe has excellent potential to host significant base metal deposits."
Shares in Kavango were untraded in London on Wednesday, last quoted at 1.92 pence each.
By Eric Cunha; [email protected]
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