Kavango Resources Share Discussion Threads

[simonparker5] 09/5/2019 16:06

Better get them quick GD, not long till news now. :)

[greatfull dead] 09/5/2019 16:02

Keep this calm. I am in the process of selling 2 others to add more before the storm...

GLA,
GD

[skiboy10] 09/5/2019 15:59

That’s the best time while it’s quiet. Accumulating whilst we are still under the radar probably with limit orders in place. I think this is the calm before the storm!

[simonparker5] 09/5/2019 15:08

A couple of large buys gone through today 1 X 400K and 1 X 250K. Someone building a stake while it's quiet?

[greatfull dead] 09/5/2019 07:08

Thank you.

Yes it would be good if they release the two holes under separate RNS's as and when they get them.

ATB,
GD

[simonparker5] 08/5/2019 13:01

We should get the SKYTEK survey results this week and the assay results for both holes before the end of the month. It would be good if they release the two holes under separate RNS's as and when they get them.

[greatfull dead] 08/5/2019 12:36

Guesstimate on when we can expect assay results please.

GLA,
GD

[jone06] 07/5/2019 16:54

25% spread, all my buys have shown as sells. Not ready to sell so can't say if it will show as a buy.10% swings happen regularly for no reason. Just sit tight and wait for significant news towards the end of the month.....well I hope it will be significant!

[bungeetrader] 07/5/2019 16:25

15% drop on what?
Large sell? RNS for tomorrow?
Very hard to understand some of the price movements on KAV. Often there is just no reason behind it at all! Time will tell.....

[greatfull dead] 07/5/2019 14:29

Weekly Mining Highlights, 5th May 2019. #BMN #SML $NCM #GGP #GLR #JLP #RMM #KAV #ABM #KP2 $AON A look back at some of the news

GLA,
GD

[greatfull dead] 07/5/2019 09:39

Time is on our side.

GLA,
Gd

[skiboy10] 06/5/2019 16:55

So Ditau looks v promising with indicative economic cobalt and other metals TBD from the impending assays.

The targets from phase one of the AEM were followed up on the ground and produced a couple of very good looking drill targets. Diatu seems to have validated their zinc in soils sampling technique so what are the odds that the conductors below are also hosting massive sulphides?

Michael Foster, Chief Executive Officer of Kavango Resources, commented:

"We are extremely pleased to be able to report that the initial AEM survey results show that a number of the conductive anomalies identified coincide with significant geochemical (zinc in soil) anomalies. Priority targets have now been followed up on the ground with AMT resistivity surveys and exciting potential drill targets have been identified, including at the Ditau Prospect, which forms part of the KSZ Project. It has been highly encouraging to note the effectiveness of Kavango’s exploration strategy and techniques, which are already beginning to deliver positive results."

[skiboy10] 04/5/2019 18:19

Have a look at Sirius Resources that were listed on the ASX. Similar potential here.

[cashandcard] 04/5/2019 17:54

Are there any smallcap mining analogues we can draw early stage comparisons to? I have dabbled with small miners a few times in the past and only on one occasion did I see any success. Most are just a great tale of riches, the jorcs ni-43 and everything helping them along, but quickly followed by dilution upon dilution and a long way down. What makes this any different?Cash

[simonparker5] 04/5/2019 08:56

I hadn't noticed this bit before "Indicative cobalt mineralisation has been identified in both holes"We had an RNS confirming cobalt in the first hole but this confirms cobalt in the second too.The storey here seems to get better and better.Not long until the assay results come back, should have answers in the next 2-3 weeks.

[skiboy10] 04/5/2019 00:07

For any newcomers this is what we are drilling at Ditau and so far two holes drilled and both positive for cobalt and other metals to be determined by the assays.


Dec 10th 2018

KSZ Project – Ditau Prospect

At the Ditau Prospect, which has a strike of over 7km, multiple lines of AMT surveying have now identified two elongated conductors extending from just below the surface to depths in excess of 600m.

The two Ditau conductors are open at both ends and extend north-south for at least 4km and represent very compelling geophysical anomalies which are both coincident with strong zinc in soil anomalies.

The Ditau magnetic body is associated with a significant gravity anomaly and probably represents a mafic intrusive at depth. These conductors represent prime priority drill targets for the first part of next year.

The remarkable coincidence of significant (probably mineralised) EM conductors at depth with zinc in soils anomalies on surface represents compelling evidence that Kavango’s soil sampling technique is able to detect mineralisation above considerable depths of cover.

The Company believes that a combination of AEM surveying, zinc in soils geochemistry and AMT ground based resistivity surveying will continue to identify multiple high quality drill targets over the coming months.


And from recent RNS

April 30th 2019

The Ditau prospecting licence (PL169) covers 469km(2) and is the most advanced of the Company's prospects. The Ditau Prospect is a 7km x 5km magnetic and gravity anomaly with significant zinc-in-soils anomalies. Geochemical soil sampling and geophysics (magnetic and gravity surveys as well as CSAMT) have identified a number of large conductive anomalies at depth (see below). At the time of writing two diamond core drill holes have been completed to depths in excess of 300m. Both holes encountered very intense alteration and deformation of the Karoo age rocks, which lie above a mafic intrusive (gabbro), which is almost certainly the source of the magnetic and gravity anomaly.

The alteration in the Karoo sediments appears to be in excess of 300m thick, whilst the alteration penetrates into the gabbro for at least another 75m. Iron and copper sulphide mineralisation is present throughout the altered Karoo sediments and the gabbro. Indicative cobalt mineralisation has been identified in both holes (portable XRF analyses).

The core from both holes has been cut and sampled in Botswana and has now been sent for assay and analysis at a laboratory in Australia.

[skiboy10] 03/5/2019 17:12

The numbers show the junior cobalt explorers are still in a coma.

The main reason for continued enthusiasm for cobalt recovery is that the basic economics of supply and demand have not changed. Cobalt is an essential element in lithium ion batteries. The average cell phone, for example, requires roughly 12 times more cobalt than lithium. Tesla’s Model 3 requires 15 kg of cobalt per car. Assuming Tesla hits its production target of 500,000 units, an additional 7.5 million kg of cobalt will be consumed for one model for a minor car producer. That’s roughly 7% of incremental global supply needed for only that one model.

The global market for cobalt is only 100,000 tons per year. That sounds like a lot, but realize that a freighter can take a 100,000 tons of iron ore in one load and ship it across the oceans to India for processing. The cobalt market is comparatively small, leaving it more exposed to kinks in the supply chain.

The car manufacturers understand that vertical integration in their cobalt supply chains will be vital to their success, just as in the rare earths industry. We have seen Volkswagen and BMW announce forays into the cobalt market to secure a long-term cobalt source for their vehicles. They are not content to rely on the Congo (source of 60% of the world’s cobalt) or upon China who processes is more than half of the world’s cobalt.

This is part of the thinking behind FocusEconomics’ latest cobalt projection, which is calling $40,000 per tonne this year for cobalt and then $50,000 in 2021.

We are finally seeing normalization start to play out in the global pricing for cobalt. After a punishing spiral, cobalt has had a 13% jump since March 15/19. While it’s possible these are just zombies stumbling in the dark, we believe this is Life returning to a once buried market.

[skiboy10] 03/5/2019 17:10

Yup go figure.

If good then the EM survey results due next week should push the share price to a new high.

It feels as though a few more people are starting to take a look here.

[catsick] 03/5/2019 16:27

Makes no sense to me that it goes up today and the day the first hole results came out it was unch .....

[skiboy10] 03/5/2019 16:24

Imagine what it'll be like on a 50M volume day