Kavango Resources Share Discussion Threads

[skiboy10] 27/4/2020 16:03

Agreed mick and D220. The KSZ report should be very interesting and we may see it as soon as this week as per Mike Moles from the interview last week. Also it can't be to long for official confirmation of the new Copper Belt licenses. From what I remember they just needed signatures. Any idea if they will be part of the JV or in their own name or with another company??
As you say good to see good progress is being made. Cheap as chips at the moment.

[d220] 25/4/2020 13:30

And with confirmation of the new Copper Belt licences due imminently, there is plenty to indicate that the company are not hibernating and are still able to move things forward. With KSZ, Copper Belt and Ditau, they have 3 strings to their bow and as you say Mick, 2021 should be a very good year. Load up sub 1p while you can IMO!

[gasmanmick] 25/4/2020 12:52

VALUE THE MARKETS interview with Mike Moles was excellent lots of research that backs up what this company is doing is spot on.Now funded for future exploration it is only matter of time before we hit something big. This is going to be one of the big stories of 2021 and those who have been loyal long term investors in this high risk play are going to reap huge rewards.

[d220] 25/4/2020 10:05

Interesting:
"report on the project’s economic potential by Dr David Holwell, a leading authority on magmatic sulphide deposits, is likely to be released next week."
Hopefully build some upward momentum.....

[skiboy10] 24/4/2020 14:45

AUDIO INTERVIEWS

ValueTheMarkets Podcast 036 – with Mike Moles of Kavango Resources (KAV)

24 APR 2020 | Stuart Langelaan

Today’s guest on the ValuetheMarkets podcast is Mike Moles, director and co-founder of Kavango Resources (LSE:KAV). The company, which is focused on three projects in Botswana that are prospective for copper, nickel and platinum group elements metals, released an announcement on Thursday detailing its recent progress.

In the interview, Moles first discusses Kavango’s licences covering a highly prospective geological trend called the Kalahari Suture Zone. Here, he says a thorough report on the project’s economic potential by Dr David Holwell, a leading authority on magmatic sulphide deposits, is likely to be released next week.

Although Covid-19 has affected Kavango’s operations on the ground, Moles also says that a considerable amount of desktop work continues. Specifically, the firm is crunching data from recent and historic drilling results, ground geophysics and airborne surveys.
Elsewhere, Moles discusses Kavango’s Kalahari Copper Belt Joint Venture, where it is looking to increase the size of its land position, and its Ditau project.

Kavango’s AIM peer Power Metal Resources (LSE:POW) is currently undergoing due diligence on Ditau in anticipation of acquiring a 51% working interest in the project.

[skiboy10] 24/4/2020 14:45

AUDIO INTERVIEWS

ValueTheMarkets Podcast 036 – with Mike Moles of Kavango Resources (KAV)

24 APR 2020 | Stuart Langelaan

Today’s guest on the ValuetheMarkets podcast is Mike Moles, director and co-founder of Kavango Resources (LSE:KAV). The company, which is focused on three projects in Botswana that are prospective for copper, nickel and platinum group elements metals, released an announcement on Thursday detailing its recent progress.

In the interview, Moles first discusses Kavango’s licences covering a highly prospective geological trend called the Kalahari Suture Zone. Here, he says a thorough report on the project’s economic potential by Dr David Holwell, a leading authority on magmatic sulphide deposits, is likely to be released next week.

Although Covid-19 has affected Kavango’s operations on the ground, Moles also says that a considerable amount of desktop work continues. Specifically, the firm is crunching data from recent and historic drilling results, ground geophysics and airborne surveys.
Elsewhere, Moles discusses Kavango’s Kalahari Copper Belt Joint Venture, where it is looking to increase the size of its land position, and its Ditau project.

Kavango’s AIM peer Power Metal Resources (LSE:POW) is currently undergoing due diligence on Ditau in anticipation of acquiring a 51% working interest in the project.

[skiboy10] 23/4/2020 15:40

Not in today's RNS but from the Proactive video

On the Kalahari Copper Belt, Mike moles says the two big licenses they've applied for have now been approved by the Department of Mines. Just waiting on signatures.

[skiboy10] 23/4/2020 15:31

MiningMaven on: 23 April 2020

Kavango Resources rockets on encouraging portfolio progress (KAV)

Kavango Resources (LSE:KAV) rocketed by 43% to 0.9p a share on Thursday following the release of a company-wide update on its efforts to discover world-class metal deposits in Botswana.

One highlight was the news that Dr David Holwell, a leading authority on magmatic sulphide deposits, has reviewed the geological and economic potential of the firm's licence in the Kalahari Suture Zone ("KSZ"). Although Kavango expects to release the findings of the report in the coming weeks, the firm's chief executive gave an early indication of their high quality when he said:

"We are particularly encouraged by the initial results we've seen from Dr Holwell's report and look forward to providing a comprehensive update on this soon."

Kavango's ten prospecting licences cover a significant portion of the KSZ, which is a geological feature that shares a similar setting to the magmatic sulphide deposits at Norilsk in Siberia. These alone account for 90% of Russia's nickel reserves, 55% of its copper, and virtually all of its platinum group metals. Following a successful drill programme over the licences last year, Kavango is constructing a computerised 3D underground map of the northern part of the KSZ project area.

The company added that it is now fully-funded for the next phase of exploration work at the KSZ following financing earlier this month that saw it raise £358,500.

Elsewhere in Thursday's release, Kavango said it was reviewing further prospecting licences within the wider Kalahari Copper Belt to be held with the joint venture it set up with LVR GeoExplorers earlier this year. Meanwhile, the firm is also assessing the potential of a number of other prospecting licences in which it would take a 100% direct interest.

Finally, Kavango provided an update on the news earlier this month that it conditionally sold a 51% position in its prospective Ditau project in Botswana to its AIM peer Power Metal Resources (LSE:POW) for £150,000.

On Thursday, Kavango said Power Metal's due diligence work is ongoing and that it is planning orientation work on three "carbonatites" discovered 25 kilometres to the north of Ditau in the 1970s.

Carbonatites are a rare type of igneous rock almost exclusively formed from continental rift-related tectonic settings. They develop from volcanic activity that failed to erupt meaningfully at the earth's surface and typically form "ring structures" due to their lithological complexity and their tendency to "dome" the surrounding geology. Alongside rare earth elements, carbonatites can also often contain economic or anomalous concentrations of other highly-sought-after metals like phosphates, magnetite, strontium, niobium, and even copper.

De Beers has given Kavango access to the site of the three carbonatites, and the firm is now planning non-invasive geophysical work – subject to the adoption of an environmental plan and Power Metal's agreement. This will be used to guide future exploration of the ten "ring structure" magnetic targets at Ditau that are thought to represent carbonatites.

"Following completion of our recent strategic financing, we are extremely pleased to report on the progress we have made over recent months. We have kept dilution to a minimum, as we now enter the next crucial phase of exploration across our portfolio of projects," added Foster.

"Our goal is to discover world-class metal deposits in Botswana. Thanks to the evidence we have gathered in the field from surveys and drilling we are well positioned to build sophisticated geological models to hone future high-priority target selection."

Author: Daniel Flynn

[skiboy10] 23/4/2020 15:31

MiningMaven on: 23 April 2020

Kavango Resources rockets on encouraging portfolio progress (KAV)

Kavango Resources (LSE:KAV) rocketed by 43% to 0.9p a share on Thursday following the release of a company-wide update on its efforts to discover world-class metal deposits in Botswana.

One highlight was the news that Dr David Holwell, a leading authority on magmatic sulphide deposits, has reviewed the geological and economic potential of the firm's licence in the Kalahari Suture Zone ("KSZ"). Although Kavango expects to release the findings of the report in the coming weeks, the firm's chief executive gave an early indication of their high quality when he said:

"We are particularly encouraged by the initial results we've seen from Dr Holwell's report and look forward to providing a comprehensive update on this soon."

Kavango's ten prospecting licences cover a significant portion of the KSZ, which is a geological feature that shares a similar setting to the magmatic sulphide deposits at Norilsk in Siberia. These alone account for 90% of Russia's nickel reserves, 55% of its copper, and virtually all of its platinum group metals. Following a successful drill programme over the licences last year, Kavango is constructing a computerised 3D underground map of the northern part of the KSZ project area.

The company added that it is now fully-funded for the next phase of exploration work at the KSZ following financing earlier this month that saw it raise £358,500.

Elsewhere in Thursday's release, Kavango said it was reviewing further prospecting licences within the wider Kalahari Copper Belt to be held with the joint venture it set up with LVR GeoExplorers earlier this year. Meanwhile, the firm is also assessing the potential of a number of other prospecting licences in which it would take a 100% direct interest.

Finally, Kavango provided an update on the news earlier this month that it conditionally sold a 51% position in its prospective Ditau project in Botswana to its AIM peer Power Metal Resources (LSE:POW) for £150,000.

On Thursday, Kavango said Power Metal's due diligence work is ongoing and that it is planning orientation work on three "carbonatites" discovered 25 kilometres to the north of Ditau in the 1970s.

Carbonatites are a rare type of igneous rock almost exclusively formed from continental rift-related tectonic settings. They develop from volcanic activity that failed to erupt meaningfully at the earth's surface and typically form "ring structures" due to their lithological complexity and their tendency to "dome" the surrounding geology. Alongside rare earth elements, carbonatites can also often contain economic or anomalous concentrations of other highly-sought-after metals like phosphates, magnetite, strontium, niobium, and even copper.

De Beers has given Kavango access to the site of the three carbonatites, and the firm is now planning non-invasive geophysical work – subject to the adoption of an environmental plan and Power Metal's agreement. This will be used to guide future exploration of the ten "ring structure" magnetic targets at Ditau that are thought to represent carbonatites.

"Following completion of our recent strategic financing, we are extremely pleased to report on the progress we have made over recent months. We have kept dilution to a minimum, as we now enter the next crucial phase of exploration across our portfolio of projects," added Foster.

"Our goal is to discover world-class metal deposits in Botswana. Thanks to the evidence we have gathered in the field from surveys and drilling we are well positioned to build sophisticated geological models to hone future high-priority target selection."

Author: Daniel Flynn

[skiboy10] 23/4/2020 11:34

Kavango Resources (KAV LN) 0.85p, Mkt cap £1.4m - Modelling of results from recent drill program to identify priority drill targets

Kalahari Resources is working on the modelling of data from its 2019 drill program and incorporating this with third-party data to build an underground map of the Kalahari Suture Zone.

The team hold 450km of strike covering some 5,580km2 of licenses in the region over 10 prospecting licenses

The geology of the region bears distinct similarities to the magmatic sulphide Copper-Nickel-PGM rich deposits at Norilsk and Voisey's Bay.

Funding: Kvango is fully funded to through the next phase of exploration work over the Kalahari Suture Zone.

The team are also reviewing Prospecting Licenses for its Kalahari Copper Belt Joint Venture
Power Metal Resources* (POW LN) led by Paul Johnson, is working on due diligence on the the Ditau Project for a 51% interest in the project.

The Ditau project is 25km south of three carbonates which were discovered by Falconbridge Exploration in the 1970s

*SP Angel act as nomad and broker to Power Metal Resources

[skiboy10] 23/4/2020 10:58

Kavango Resources more than doubles size of its ground holding on Kalahari Copper Belt

2020-04-23 10:31:00


Kavango Resources PLC's (LON:KAV) Mike Moles caught up with Proactive London's Andrew Scott to discuss progress at its key projects in recent months.

For the Kalahari Suture Zone (KSZ) he says consultants are presently constructing a new model incorporating findings from a successful 2019 drill programme, with the aim of defining high-grade targets for the next campaign.

On the Kalahari Copper Belt, he says the two big licenses they've applied for have now been approved by the Department of Mines.

He adds that there's so far been minimal disruption as a result of the coronavirus (COVID-19) pandemic

[gasmanmick] 23/4/2020 10:47

That seller of 1.5 million at .50 must have been desperate hope he’s got more to sell they are plenty of buyers this is going higher in next few weeks news due

[kemche] 22/4/2020 17:16

skiboy, In your considered opinion were we ever overbought?

[skiboy10] 22/4/2020 15:55

Somebody really must need cash to be selling a million at 0.5p though the 1.25m trade looks like a buy. In my view we are very much oversold and at a market cap of just over 1M and this is an excellent buying opportunity post fund raise and ahead of further news from the company.

[kemche] 16/4/2020 15:28

Apart from the share price

[bungeetrader] 16/4/2020 15:27

You wouldn't think so looking at the SP!

[kemche] 16/4/2020 15:26

Every single thing that is happening with this company is good. Never bad. Just good.

[skiboy10] 16/4/2020 14:33

*VIDEO*

#KAV @KavangoRes

#Kavango Resources Plc's Michael Foster outlines new Botswana JV with Power Metal Resources

[skiboy10] 16/4/2020 14:31

𝐃𝐢𝐭𝐚9854; 𝐀𝐜𝐪𝐮9842;𝐬Ү42;𝐭𝐢;𝐨𝐧 - 𝐁𝐨𝐭𝐬9856;𝐚Ү47;𝐚
@PowerMetRes CEO Paul Johnson talks @proactive_UK through the thinking behind their latest acquisition - a 51% interest in the #Ditau project in #Botswana for £150,000 from @KavangoRes