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KAV Kavango Resources Plc

1.25
0.00 (0.00%)
Last Updated: 07:38:41
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kavango Resources Plc LSE:KAV London Ordinary Share GB00BF0VMV24 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 1.15 1.35 1.25 1.25 1.25 274,162 07:38:41
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Copper Ores 12k -2.21M -0.0026 -4.81 10.57M
Kavango Resources Plc is listed in the Copper Ores sector of the London Stock Exchange with ticker KAV. The last closing price for Kavango Resources was 1.25p. Over the last year, Kavango Resources shares have traded in a share price range of 0.525p to 1.55p.

Kavango Resources currently has 845,569,314 shares in issue. The market capitalisation of Kavango Resources is £10.57 million. Kavango Resources has a price to earnings ratio (PE ratio) of -4.81.

Kavango Resources Share Discussion Threads

Showing 126 to 144 of 5750 messages
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DateSubjectAuthorDiscuss
10/12/2018
07:03
PRESS RELEASE 10 December 2018 KAVANGO RESOURCES PLC("Kavango" or "the Company") SIGNIFICANT DRILL TARGETS IDENTIFIED IN BOTSWANA Kavango Resources plc (LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, is pleased to announce positive results from geophysical follow-up work carried out since the completion of Phase 1 of the airborne electromagnetic (AEM) survey over the Company's Kalahari Suture Zone (KSZ) Project. Ground based Audio-frequency Magnetotellurics (AMT) surveys have now been conducted over the northern part of the KSZ project and also over the Ditau Prospect area within the KSZ Project. AMT surveys are able to determine the exact location of conductors as well as their orientation, depth and size. HIGHLIGHTS: KSZ Project - Northern · Ground based AMT surveys (see below for definition and links to images) have now been carried out over 6 of the 26 conductors identified in the AEM survey (Phase 1) in the northern part of the KSZ Project. · Selection for ground follow up was based on the strength of the conductors and the coincidence of a zinc in soils anomaly on the surface above the conductor. Zinc, which is the most mobile of the base metal elements (i.e. goes into solution easily) acts as a pathfinder to mineralisation at depth. · Several of the conductors appear to be large, steeply dipping bodies that may represent mineralization from near surface down to at least 400m from the surface. These conductors all represent potential drill targets. · The ground follow-up programme will continue in the northern part of the KSZ Project to investigate more of the Phase 1 AEM anomalies over the coming months. 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. 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.The KSZ Project covers over 9,000km2 of prospective exploration ground including the 450km KSZ magnetic trend which has the potential to host Norilsk type Cu/Ni/PGE massive sulphide ore bodies. This huge area, which is entirely covered by surface (Kalahari) sand cover, has not previously been explored for minerals using modern techniques.The Company, which was only listed at the end of July, is already identifying drill ready targets which should only increase with further flying. The Company remains fully focused in its pursuit of the discovery of world class mineral deposits within the KSZ Project area in Botswana by following up on all of the above during 2019." Notes for Editors: Kavango's 100% subsidiary in Botswana is the holder of 15 prospecting licences covering 9,231 km2 of ground including most of the 450 km long KSZ magnetic anomaly along which Kavango is exploring for Cu-Ni-PGE rich sulphide orebodies. The area being explored displays a geological setting with distinct similarities to the Norilsk deposits in Siberia, host to the world's largest Ni-Cu-PGE mines.Geophysical techniques such as Induced Polarisation (IP) and Controlled Source Audio-frequency Magneto-Tellurics (AMT) penetrate below the over-lying Kalahari sand cover and Karoo sediments which extend over much of SW Botswana. Massive sulphide deposits can be detected by AMT because they conduct electricity easily (conductors) as opposed to silicate wall rocks (resistive). Large conductors extending from near surface to deep levels below surface could contain considerable amounts of mineralisation and are what the Company is looking for. There is no guarantee the conductors identified are mineralised but if they are, and if the mineralisation is economic, this would be transformational for the Company.Kavango geologists have developed a high resolution soil sampling technique to detect ultra-fine metal particles which have been transported in solution from considerable depths of burial to the surface by capillary action and transpiration. Evaporation leaves the metal ions as accumulations within a surface "duricrust" which is then sampled and analysed. Zinc, which is the most mobile of the base metal elements (i.e. goes into solution easily) acts as a pathfinder to mineralization at depth.Click on the link below to see the AMT images: https://www.kavangoresources.com/images/2018/12/08/rns-10-dec-8-fig1-3.jpg For further information please contact: Kavango Resources plc Michael Foster+44 20 3651 5705mfoster@kavangoresources.com City & Westminster Corporate Finance LLP+44 20 7917 6824Nicola Baldwin SI Capital Limited (Broker) +44 1483 413500Nick Emerson / Alan Gunn Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com
skiboy10
09/12/2018
09:40
Once again Skiboy10 agreed reference KAV @ only 2p
cpap man
08/12/2018
23:30
"Potential for world class base and precious metals deposits"

Current market cap 2.6M

skiboy10
08/12/2018
13:55
Agreed Skiboy10
cpap man
28/11/2018
12:50
Arc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining & Exploration





28 November 2018

Arc Minerals Ltd

('Arc' or the 'Company')



Result of Annual General Meeting & Directorate Change



The Company is pleased to announce that all of the resolutions that were put to shareholders at the Annual General Meeting held today were duly passed.



At the Meeting, Michael Foster announced that he will be stepping down as director of the Company and from the Boards of the Company's subsidiaries effective 31 December 2018 to focus on his other African interests.



Nick von Schirnding, Chairman of Arc commented:



"On behalf of the Board, I would like to thank Michael for his service to Arc, in particular in relation to the Casa project over many years. We wish him well going forward."



For more information visit www.arcminerals.com

cpap man
26/11/2018
16:11
We should be due for an update soon

Michael Foster, Chief Executive Officer of Kavango commented:

"We are pleased to be able to report that the initial survey results show that various VTEM anomalies coincide with significant geochemical anomalies.

Priority targets are now being followed up on the ground with CSAMT resistivity and Induced Polarisation (IP) geophysical surveys. Similar work has commenced at the Ditau licence which forms part of the KSZ project.

We believe the under-explored area of the KSZ holds potential for the discovery of world class base and precious metals deposits and we look forward to announcing further results in due course".

skiboy10
22/10/2018
18:20
New Licences marked in blue
skiboy10
22/10/2018
18:20
New Licences marked in blue
skiboy10
22/10/2018
08:25
Kavango's 100% subsidiary in Botswana is the holder of 15 prospecting licences covering 9,231 km2 of ground including most of the 450 km long KSZ magnetic anomaly along which Kavango is exploring for Ni-Cu-PGE rich sulphide orebodies.

The area being explored displays a geological setting with distinct similarities to the Norilsk/Talnakh deposits in Siberia, host to the world's largest Ni-Cu-PGE mines.

Click on the link below for the location of the existing PL's (marked in red) and the new PL's (marked in blue) in southwest Botswana:

hxxp://www.kavangoresources.com/images/Maps/Southwest-Botswana.png

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com

cpap man
22/10/2018
08:05
· Two of the three new PL's are contiguous and immediately adjoin the northern area covered by Phase 1 of the AEM survey;



· The Company now holds 15 PL's that cover approximately 80% of the KSZ, a 450 km long magnetic anomaly and where Kavango is exploring for Ni-Cu-PGE rich sulphide orebodies;



· The Company's 15 PL's on the KSZ Project now cover a total of 9,231 km2.

cpap man
22/10/2018
07:16
They must be liking what they are seeing from the electromagnetic surveys so far to be adding licences already.
skiboy10
22/10/2018
07:07
NEWS!!

PRESS RELEASE

22 October 2018

KAVANGO RESOURCES PLC

STRATEGIC LICENCE ACQUISITIONS - BOTSWANA

Kavango Resources plc ("Kavango" or "the Company") (Ticker LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, is pleased to announce the acquisition of three new prospecting licences ("PL's") to build further the Company's ground portfolio.

The acquisition of the new PL's follows completion of Phase 1 of the airborne electromagnetic (AEM) survey over the company's Kalahari Suture Zone ("KSZ") Project. Based on the Company's previous work, management believes it is strategically important that the Company secure additional ground to cover the key areas of prospectivity.

Highlights

-- On 15 October 2018 the Company announced completion of Phase 1 of the AEM survey which has identified 26 conductive anomalies;

-- Following completion of the survey, the Company's 100% owned subsidiary in Botswana has now been granted three additional PL's, extending the group's ground holding along the KSZ by a further 2,300km(2) .

-- Two of the three new PL's are contiguous and immediately adjoin the northern area covered by Phase 1 of the AEM survey;

-- The Company now holds 15 PL's that cover approximately 80% of the KSZ, a 450 km long magnetic anomaly and where Kavango is exploring for Ni-Cu-PGE rich sulphide orebodies;

-- The Company's 15 PL's on the KSZ Project now cover a total of 9,231 km(2) .

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

"Extending our land position to a total of 9,231 km(2) following the assessment of our recent work provides the Company with an important strategic ground holding on the highly prospective KSZ.

It is worth emphasising again that the KSZ is a 450km long under-explored magnetic feature of geological significance in the south west of Botswana.

Results of our on-going exploration programme in the KSZ area will be provided to the market in the near future, as they become available."

For further information please contact:


Kavango Resources plc
Michael Foster +44 20 3651 5705
mfoster@kavangoresources.com

City & Westminster Corporate Finance LLP +44 20 7917 6824
Nicola Baldwin


SI Capital Limited (Broker) +44 1483 413500

Nick Emerson / Alan Gunn

Notes for Editors:

Kavango's 100% subsidiary in Botswana is the holder of 15 prospecting licences covering 9,231 km(2) of ground including most of the 450 km long KSZ magnetic anomaly along which Kavango is exploring for Ni-Cu-PGE rich sulphide orebodies.

The area being explored displays a geological setting with distinct similarities to the Norilsk/Talnakh deposits in Siberia, host to the world's largest Ni-Cu-PGE mines.

Click on the link below for the location of the existing PL's (marked in red) and the new PL's (marked in blue) in southwest Botswana:



Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com

skiboy10
22/10/2018
07:06
PRESS RELEASE

22 October 2018

KAVANGO RESOURCES PLC

STRATEGIC LICENCE ACQUISITIONS - BOTSWANA

Kavango Resources plc ("Kavango" or "the Company") (Ticker LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, is pleased to announce the acquisition of three new prospecting licences ("PL's") to build further the Company's ground portfolio.

The acquisition of the new PL's follows completion of Phase 1 of the airborne electromagnetic (AEM) survey over the company's Kalahari Suture Zone ("KSZ") Project. Based on the Company's previous work, management believes it is strategically important that the Company secure additional ground to cover the key areas of prospectivity.

Highlights

-- On 15 October 2018 the Company announced completion of Phase 1 of the AEM survey which has identified 26 conductive anomalies;

-- Following completion of the survey, the Company's 100% owned subsidiary in Botswana has now been granted three additional PL's, extending the group's ground holding along the KSZ by a further 2,300km(2) .

-- Two of the three new PL's are contiguous and immediately adjoin the northern area covered by Phase 1 of the AEM survey;

-- The Company now holds 15 PL's that cover approximately 80% of the KSZ, a 450 km long magnetic anomaly and where Kavango is exploring for Ni-Cu-PGE rich sulphide orebodies;

-- The Company's 15 PL's on the KSZ Project now cover a total of 9,231 km(2) .

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

"Extending our land position to a total of 9,231 km(2) following the assessment of our recent work provides the Company with an important strategic ground holding on the highly prospective KSZ.

It is worth emphasising again that the KSZ is a 450km long under-explored magnetic feature of geological significance in the south west of Botswana.

Results of our on-going exploration programme in the KSZ area will be provided to the market in the near future, as they become available."

For further information please contact:


Kavango Resources plc
Michael Foster +44 20 3651 5705
mfoster@kavangoresources.com

City & Westminster Corporate Finance LLP +44 20 7917 6824
Nicola Baldwin


SI Capital Limited (Broker) +44 1483 413500

Nick Emerson / Alan Gunn

Notes for Editors:

Kavango's 100% subsidiary in Botswana is the holder of 15 prospecting licences covering 9,231 km(2) of ground including most of the 450 km long KSZ magnetic anomaly along which Kavango is exploring for Ni-Cu-PGE rich sulphide orebodies.

The area being explored displays a geological setting with distinct similarities to the Norilsk/Talnakh deposits in Siberia, host to the world's largest Ni-Cu-PGE mines.

Click on the link below for the location of the existing PL's (marked in red) and the new PL's (marked in blue) in southwest Botswana:



Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com

skiboy10
15/10/2018
18:12
Kavango Resources encouraged with initial results from Botswana survey
12:55 15 Oct 2018

Michael Foster, chief executive of Kavango Resources Plc (LON:KAV), spoke to Proactive London’s Andrew Scott as the first phase of its airborne electromagnetic geophysical survey at the KSZ project in southwest Botswana wrapped up.

The survey has identified 26 conductive anomalies across 2,000 line kilometres in the Hukuntsi area of the KSZ project.

skiboy10
15/10/2018
08:01
Good RNS this morning. It looks like some real progress is being made here. Looking forward to hearing more on these targets.
skiboy10
15/10/2018
07:55
Kavango's 100% subsidiary in Botswana is the holder of 12 prospecting licences covering much of the KSZ magnetic anomaly that is approximately 450km long and where Kavango is exploring for Ni-Cu-PGE rich sulphide orebodies.

The area being surveyed displays a geological setting with distinct similarities to the extensive Norilsk nickel, copper and platinum group element deposits in Siberia.

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com

cpap man
15/10/2018
07:25
"In parallel, an IP survey is also underway at the Ditau prospect, which forms part of the KSZ project, where earlier exploration by the Company identified coincident geophysical and base metal anomalies; subject to results, drilling could commence before the end of the year".
cpap man
15/10/2018
07:15
Michael Foster, Chief Executive Officer of Kavango commented:



"We are pleased to be able to report that the initial survey results show that various VTEM anomalies coincide with significant geochemical anomalies.

Priority targets are now being followed up on the ground with CSAMT resistivity and Induced Polarisation (IP) geophysical surveys. Similar work has commenced at the Ditau licence which forms part of the KSZ project.

We believe the under-explored area of the KSZ holds potential for the discovery of world class base and precious metals deposits and we look forward to announcing further results in due course".

cpap man
15/10/2018
07:15
26 initial targets is great
skiboy10
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