Kavango Resources Share Discussion Threads

[skiboy10] 08/7/2019 13:34

KAV are assaying for 53 metals and 13 REEs not long to wait now.

[skiboy10] 08/7/2019 13:22

Some decent buys at the end of last week and 390K this morning ahead of news from Ditau early next week?

[catsick] 08/7/2019 13:20

I think tomorrow but I thought that 2 weeks ago, it must be that there is soooo much good stuff in there that it's blowing minds at the lab ....

[jone06] 08/7/2019 13:16

ARCM started drilling after 5th June 2019 and announced assay results on the 2nd July. .Ok, it was a shallow hole, I know they assayed for copper and cobalt but not sure what else. .So I reckon assay results this week is a must as any longer could start to damage reputation and patience.

[palace pete] 08/7/2019 10:22

Sorry Assays.

[palace pete] 08/7/2019 10:21

All very quiet what's going on re essays????

[greatfull dead] 05/7/2019 16:22

TL,

KOD should come good. Best of luck there.

ATB,
GD

[thelung] 05/7/2019 15:56

Me too GD. Still holding a morcel of KOD for my sins

[greatfull dead] 05/7/2019 15:14

TL,

I hope your right. I hold both...

ATB,
GD

[thelung] 05/7/2019 12:28

This will be racing ahead of ARCM next week

[cpap man] 05/7/2019 12:25

Noirua5 Jul '19 - 12:14 - 6771 of 6772

Whilst a few trades are arriving at KAV, trading has dropped off from a few days ago at TOM.
Both difficult to call from here except both seem to have floored at current levels on very wide spreads.
TOM more likely to bounce 100% than KAV: The latter looks more solid at these levels.

[jone06] 04/7/2019 10:40

Well, it's not going to be this week. Previously this has been leaky the day or two before a RNS so keep an eye out for a pick up in volume.

[catsick] 04/7/2019 09:31

Yaaaawn come on get these assays out !

[cpap man] 03/7/2019 17:00

Noirua3 Jul '19 - 16:14 - 6744 of 6746

KAV buying slowly this afternoon - looks promising.

[jlondon] 02/7/2019 17:15

ARC Minerals, Zambia
CEO has given a interview to Proactive Investors, UK
34 mins ago, Tues, 2 July 2019

Title: "Arc*s Zambia drill results exceeded expectations."
----------------------------------------------------------
Calder Capital quoted:
"My old colleagues at Anglo American have been tapping me on the shoulder and asking me how we managed to get this asset." [Arc Chairman*s interview]

My Comment:
Kavango - Paul Johnson quoted 200m of REE and 70m of cobalt per the co.
No wonder why Mr Johnson tweeted earlier. Its not 25m as per Arc but may potentially be 200m of REE and the anomaly is 7km x 5km [KAV] as opposed to Arc*s 3km x 0.8km.

DYOR. Please check as there can be copying errors etc.

[mpls] 02/7/2019 16:18

ACRM [Arc Minerals] is an interesting neighbour.
Interesting timeline comparison.

Arc
05 June 2019 - mobilised drill rigs
12 June 2019 - commenced drilling programme
27 June 2019 - first two holes completed
02 July 2019 - Assay results

Kav
28 Jan 2019 - drilling to commence in early February
25 Mar 2019 - confirms DitDDH1 intersection of over 200 metres of intense alteration
16 May 2019 - DitDDH2 320m zone of intensely altered rock + 80m copper sulphide 1.5% XRF
Pending - Assay results

Less than a month compared to over 5 months.
Now there are differences e.g. local conditions, drill depths, drilling team/rig, assay in Zambia/assay in Australia but ... can't help thinking Kav already have the assay results and are doing something in the background, something beneficial for shareholders...

[thelung] 02/7/2019 15:52

BoTswana! ?

[jlondon] 02/7/2019 14:39

ACRM [Arc Minerals] has just released results in Zambia, Tues, 2 July 2019
ACRM Mkt Cap £23 million with 706m shares in issue. [52 wk low 2.05p & high 5.70p]

Quote:
"Maiden Drilling confirms 25m over over 1% Copper - RNS, Tues, 2 July 2019"
"Hole 2 assay: 25m @1.05% copper from 2.00m depth includes;
1.7% Cu copper over 9m from 18.5m includes;
13.34% cu copper over 0.56m from 27.27.24m

3RD HOLE - 2 0 0 M E T R E S SOUTH shows significant mineralisation.

Cheyeza target area: 3km x 0.8km area [see details]

KAVANGO
Hole 1 & 2 distance 1.5km !!
XRF reading 1.5% copper [please check and note it is XRF]
Anomaly: 7km x 5km from recall
Mkt Cap: Around the £4m+ area depending on share price.

DYOR. Please check as there can be errors.
Check: Ditau, Boswana [KAV] over 300 m + of mineralisation [into the gabbro as well] and end of hole, mineralisation [see KAV tweet and pic]?

[mpls] 02/7/2019 14:36

I can see KAV raising new money to do infill drilling at Ditau and possibly (depending on assay results) drilling deeper to the bottom of the anomaly. A couple of Mill for an infill program? Getting closer to a JORC compliant resource estimate would add more value for shareholders than farming out now to a mid tier or major.

Plus they would want to fly a copter over any new (and possibly existing) Ditau licenses to get a better understanding of whats out there. Not sure what the limits are of their existing 3D model.

[skiboy10] 02/7/2019 14:24

Eazymoney - I just cannot see KAV going to the trouble/expense of issuing a new prospectus unless some type of corporate deal was in the offing. Much more likely in my view is that Ditau is offered up for farm in to a mid tier or major to drill it out. The cash saved can then go into drilling the main target the huge KSZ.

[jlondon] 02/7/2019 12:52

"Five common myths about portable XRF analyzers."
hxxps://www.themofisher.com/blog/mining/five-common-myths-about-portable-xrf-analyzers/

Quote:
"With adequate sample preparation, portable XRF analyzers yield RESULTS comparable to LABORATORY results but generate this high quality analytical data within minutes, rather than days or weeks..."

Anyone interested can read the article in full.

Tues 2 July 2019

[slong] 02/7/2019 12:42

XRF results are not always 100% accurate, and the assays results need to be analysed and interpreted with other data before releasing to the market.

[thelung] 02/7/2019 11:49

From the last raise at 2.8p in March:The funds will also assist us to review other highly selective but potentially very interesting natural resource opportunities in Botswana

[eazymoney] 02/7/2019 10:43

Why is TPI needed unless you are seeking funds? They have been assisting the company since the last placing - on what?

I see them raising a few mill to drill out Ditau and its going to take a new prospectus to do it. They don't want majors involved yet as I believe they want to take a discovery further up the value curve first.

[mpls] 02/7/2019 10:23

You might be right, perhaps they already have the assay results and are lining up a few things before announcing, delaying the news could be in shareholders interests, e.g get surrounding prospecting licenses granted before going public.