Kavango Resources Share Discussion Threads

[skiboy10] 11/7/2022 14:14

𝗟𝗢𝗡 #𝗞𝗔𝗩 🎙️ #𝗥𝗡𝗦
Kavango Resources KSZ 'Norilsk Style' Targets #KAV

#StockBox welcomed @Ben_Turney, CEO of @KavangoRes

▫️KSZ North: Cluster of EM conductors identified
▫️Conforms to 'Norilsk Model' that Kavango has applied to the KSZ

[skiboy10] 11/7/2022 14:13

Kavango Resources' ranks three electromagnetic conductors priority targets for future drilling

Kavango Resources' Ben Turney joins Proactive to talk about the significance of its cluster of three electromagnetic conductors which have been identified within Target Area B, at the Kalahari Suture Zone project in Botswana.

Turney compares what the company has found with Norilsk in Russia, where the famous Talnakh and Kharaelakh massive sulphide nickel-copper-platinum group element orebodies were discovered.

hxxps://youtu.be/61Ht9jKSJSU

[soulsauce] 11/7/2022 11:15

More ifs and maybes. Wake me up if we ever find something interesting.
At least there was no Turney spin today.

[kdickson] 11/7/2022 11:05

SP Angel broker note...


Kavango Resources (KAV LN) 1.925p, Mkt cap £8.4m – Acquisition of 50% of Kanye Resources

Kavango reported on Friday that it agreed terms with Power Metal Resources* to acquire Power's 50% of the Kanye Resources Joint Venture.

Kavango now own a 100% interest in Kanye.

Project: Kanye Resources owns two considerable land packages in Botswana, the Kalahari Copper Belt project covering 4,257km2 and the Ditau Camp project covering 1,386km2.

Ditau: Kanye reports that four diamond drillholes have been successfully completed cross three targets (i1, i8 and i10) for a total of 1,623m.

In parallel with drilling, additional Controlled Source Audio Magneto Telluric (CSAMT) geophysical surveys and modelling were carried out over the i1, i8 and i10 targets – used successfully in the past to provide high quality sub-surface imagery.

Kanye is now awaiting assay results from the four drillholes at Ditau, with samples currently in transit to the lab.

KCB: Soil sampling continues at Kanye’s licenses on the Kalahari Copper Belt, with a total of 3,478 soil samples collected from a total of approximately 5,750 soil samples planned across the KCB JV licences.

Kanye continues to delineate targets for an RC drill programme on the KCB planned for later in 2022.

Terms: Kavango will issue to Power Metal 60m shares at a price of 3p per share.
Kavango will issue to Power 30m warrants at 4.25p for 30 months and 30m at 5.5p for 30 months.

Power Metal will also receive 15m variable price warrants with a six-month life to expiry, with a minimum exercise price of 3p and an actual exercise price at a 15% discount to the volume-weighted average share price on the date of exercise.

In a separate announcement this morning, Kavango reports progress at its Kalahari Suture Zone project, identifying three EM conductors for follow up testing.

The three targets exhibit strong conductance readings, that the company comments could conform to an idealised Ni-Cu-PGE orebody model.

Kavango will now delineate the targets further to define drill targets in due course.

Conclusion: Kavango taking whole ownership of Kanye allows them to progress the KCB project and Ditau, taking the company’s land package to nearly 16,000km2 in Botswana. Kavango also have also gained a strategic investor in Power Metal on their register, while the deal allows Power to focus on its other exploration projects.

*SP Angel acts as nomad and broker to Power Metal

[palace pete] 11/7/2022 09:06

Let's hope this is the start of a long successful campaign.

[sabine4] 11/7/2022 07:12

RNS out. Looking good.

[palace pete] 10/7/2022 20:42

Ditched all mine in those 2 Kav main one a few pow. Good few Nio.

[kdickson] 10/7/2022 15:47

Only a small holding Pete but if significant discoveries are made then it would still be well worth it. Main holdings are TomCo and PET.

[palace pete] 10/7/2022 11:43

Didn't realise you were in Kav Ken.

[kdickson] 09/7/2022 10:57

Power Metal Resources* (POW LN) 0.875p, Mkt Cap £13m – Progress at Ditau and KCB projects

Kavango Resources (KAV LN) 1.775p, Mkt cap £7.7m

(Ditau and KCB are held within Kanye Resources, a 50/50 joint venture between Power Metal and Kavango, with Kavango being the operator of the project)

Ditau: Kanye reports that four diamond drillholes have been successfully completed cross three targets (i1, i8 and i10) for a total of 1,623m.

Kanye notes that all of the holes have been logged, with a wide range of geological units logged including sediments, intrusive bodies distinctive veining and alteration.

In parallel with drilling, additional Controlled Source Audio Magneto Telluric (CSAMT) geophysical surveys and modelling were carried out over the i1, i8 and i10 targets – used successfully in the past to provide high quality sub-surface imagery.

Kanye is now awaiting assay results from the four drillholes at Ditau, with samples currently in transit to the lab.

KCB: Soil sampling continues at Kanye’s licenses on the Kalahari Copper Belt, with a total of 3,478 soil samples collected from a total of approximately 5,750 soil samples planned across the KCB JV licences.

Kanye has successfully identified the Ngwako Pan - D'kar Formation contact across multiple KCB licences, which is a crucial structural control for copper/silver mineralisation within the broader Kalahari Copper Belt.

Kanye continues to delineate targets for an RC drill programme on the KCB planned for later in 2022.

*SP Angel acts as nomad and broker to Power Metal

[blind_fortune] 09/7/2022 09:04

Don't regard these developments as a great move. More risk, more capital requirements for KAV. Positive is 100% of kcb so let's hope that actually hits.

[jone06] 08/7/2022 10:42

Kanye buy-out from POW in shares, warrants, NSR, etc. I guess POW have different views on future progress. TBH it will take me a while to understand this one!

[jp2011] 08/7/2022 10:42

Thanks for letting us know Ben

[jambam] 08/7/2022 10:17

KSZ news coming

[jone06] 08/7/2022 10:01

Well there is the update, basically we are getting on with the work programme and if we have found anything then we will let you know when we have an assay report.

[hawki4] 06/7/2022 15:33

We must be due an update soon on the latest drill at the Ditau project? Any thoughts as it's all gone very quiet here.

[flashheart] 01/7/2022 07:49

I'm thinking Ditau is going to surprise a few very much to the upside.

[danmart2] 30/6/2022 21:29

SP looks incredibly cheap

How long before they return to the KSZ?
Still fair to assume KSZ is the big value generator or will Ditau be the gem in the crown?

[palace pete] 29/6/2022 10:36

Sp still being manipulated despite people saying different from 7 to 2.1 absolute disgrace yet it goes on all over every market How pi's ever win is beyond me.30 years of being in stocks and it seems more prevalent than ever Rant over.

[soulsauce] 21/6/2022 11:48

On Stockbox premier later.

[skiboy10] 15/6/2022 16:36

Looks like something's cooking at Ditau.