Kavango Resources Share Discussion Threads

[paulhopeful] 31/7/2024 15:12

Very positive Stockbox Interview, “ The key Point People need to understand, Is we are not after just one discovery at Karakubis” that’s interesting. Encouraging to hear Dave Catterall is excited. Target block A covers over 2000 km², now we know a mineralised system is confirmed, and there is definitely Plenty of room for multiple discoveries, Nara news soon too.

[bukowski750] 31/7/2024 15:00

Cool story bro. Perhaps come back giving it the large if kav make a discovery.......ROFLMFAO

[bill216] 31/7/2024 12:02

Yeh I invested here yesterday and they haven't gone up ten times yet so I'm going to complain to the LSE and FCA and I'll let you know how I get on.

[bukowski750] 31/7/2024 11:44

With the greatest respect m8 I couldn't give a rats asre about any of that. If they put out a series of good drill results I will give mad props and mad respect if warranted.If they put out dusters again, then the validation of their models and potential trap zones and XRF readings are about as useful as an ashtray on a motorbike IMO dyor!

[jp2011] 31/7/2024 11:36

You complain about lack of assays without reference to lead times as if they're instant. XRF gives a snapshot but can be unrepresentative hence caution about releasing these results. However, the first couple of drills were about validating a proposed geological model rather than discoveries so in that context XRF answers questions about mineralisation & pathfinder elements.

[bill216] 31/7/2024 09:01

To inform shareholders of notifiable news. Obviously.

[jp2011] 31/7/2024 08:52

1) a soft update on D003, the visual showing the stratigraphy & copper sulphides. No grades but at least 10m within first 200m.2) saying good so far, drilling likely to be accelerated, 10 priority targets.

[jp2011] 31/7/2024 08:44

"Release assay results"?Karakubis cores will be submitted in batches, first results expected Q3Q4. Lead time 2-3 months. If field analysis shows exceptional results then express one month service might be used but premium cost.Nara using Zim lab as no export permit, fire assay results any time now but had not been received 2 weeks ago.Nara tailings, additional auger drilling, results in next month.Hillside target 1, major issues with export permits to submit core to a South Africa lab, sent end of May, results anytime in next month.Hillside target 2 (additional two drills), if Zim lab used results end of Aug.

[bukowski750] 30/7/2024 19:20

What exactly is the point of all these RNS then? Don't get it m8

[paulhopeful] 30/7/2024 18:15

As you already know, they take at least a few months.

[bukowski750] 30/7/2024 17:59

How about release some lab assays?

[bill216] 30/7/2024 17:13

They're actually drilling though so what else do you think they should they be doing apart from doing everything quicker to satisfy you?

[apotheki] 30/7/2024 13:00

SP Angel . Morning View .

Kavango Resources* (KAV LN) 1. 43p, Mkt Cap £22m – Geophysics highlights scale of the Karakubis project, Botswana

Following its announcement earlier this week that initial drilling at its Karakubis project in the Kalahari Copper Belt in Botswana had identified “the presence of a copper-silver mineralising system”, Kavango Resources reports that geophysical interpretation has highlighted “over 90” promising targets.

The geophysical work based on airborne electromagnetic data supported by gravity information and a continuing induced polarisation survey is helping to “discriminate faults, folds and possible lithologies” capable of hosting the copper/silver mineralisation which characterises the Kalahari Copper Belt.

Economic mineralisation in the Kalahari Copper Belt is typically hosted by the contact zone between the D’Kar and Ngwako Pan Formations in structurally controlled settings described as ‘trap sites’ and today’s announcement says that Kavango Resources has found multiple sites within data covering “about one quarter of Karakubis”.

The company plans to use the balance of its current 5,000m drilling programme to “assess as many of … [the 10 priority targets within the 90 targets shown so far by the geophysics] … as possible”.

Welcoming the encouragement from the early stage exploration results, CEO, Benn Turney, described the Karakubis project as “an extremely large project that appears increasingly prospective for large-scale copper deposits”.

Conclusion: Early stage exploration at Karakubis have shown that the project area hosts mineralisation similar to that known elsewhere in the Kalahari Copper Belt. The large number of targets generated by the geophysics will require disciplined exploration to focus on the most promising targets without dissipating the focus. We look forward to results as the programme progresses.

*An share price Angel Analyst holds shares in Kavango

[bukowski750] 30/7/2024 07:59

Exactly. Anyone can build a model and make an assumption, but finding a mine is a whole different ball game!

[spangle93] 30/7/2024 07:43

If only KAV could find mineral deposits as unambiguously in real life as they can on a high resolution 3D graphics screen, we'd be rich

[paulhopeful] 30/7/2024 07:29

The detection of a wide zone of hydrothermal alteration was mentioned three times, Could that lead to a wider discovery then average? Sounds like we’re looking in a perspective location.

[bukowski750] 30/7/2024 06:13

Anyone else fall asleep a few lines into a KAV rns? Feels like I'm a student and KAV is the very boring teacher.All I want to know at this point is has the drilling intersected anything potentially economic?

[apotheki] 30/7/2024 06:10

Ben Turney, Chief Executive Officer of Kavango Resources, commented:

"We are extremely pleased with how exploration of our 6,200km2 Karakubis Copper Project is progressing. This is an extremely large project that appears increasingly prospective for large-scale copper deposits.

Our first drill results last week confirmed that a copper mineralising system runs through our ground and mineralisation traps are present. This was a highly significant event for Kavango because these are the two primary elements for the formation of commercial copper deposits in the Kalahari Copper Belt.

We can now reveal the scale of the opportunity in front of us.

So far, we have only processed Airborne Electromagnetic Data over about one quarter of Karakubis. From this data we have identified 90 probable trap sites, in the correct structural setting for possible accumulation of copper mineralisation. Each of these potential trap sites represents a drill target and we are now using Induced Polarization Surveys to further prioritise these.

In response to what we have learned, our team has reprioritised the order in which we will drill the next 10 targets. Beyond that and we are putting plans in place for further phases of additional drilling. Our goal is to vector in on a major copper discovery.

This is a very exciting time to be involved in Kavango."

[paulhopeful] 24/7/2024 10:06

He posts negativity about many companies, surely if something of significance is found on part of the license area, the rest will become much more valuable.

[jp2011] 24/7/2024 07:40

Are you a current KAV investor or just someone with a grudge?

[paulhopeful] 23/7/2024 18:06

This market Doesn’t attribute Anything much until results are in. Just a few months ago, we had no assay Results for Hillside, Now we have and are well above our recent Low, With a high probability of more good results to come. A few days ago, we didn’t know much about our KCB licence area. Now we know copper sulphides, Silver lead and zinc are in the system, cores align To the geological model, And what was found was over multiple levels. We also know the local expert Dave Catterall, a leading KCB exploration geologist, Believes there is a dog leg at the KCB to the south, And the mineralised zone runs through our area.. If he is correct, And remembering Kavango License area covers 6800 km² where there hasn’t been much exploration, Then hold on tight.