Kavango Resources Share Discussion Threads

[skiboy10] 15/10/2020 12:15

KSZ before KCB?

[palace pete] 15/10/2020 11:17

Should hear how e m went soon.

[the chairman elect] 15/10/2020 11:10

Added to which a Bullish looking chart

[skiboy10] 12/10/2020 16:28

Decent volume today

[soulsauce] 12/10/2020 13:20

Another tick up cpap 😉

[the chairman elect] 09/10/2020 10:45

LSE:KAV could well be one of the 2021 multi baggers of the small cap natural resources space in London

[the chairman elect] 09/10/2020 09:15

Reference the KCB



Goldman Sachs:

"Next year, we expect the largest refined copper market deficit (412kt) in over 15 years due to current positive demand trends. As a result, we have recently raised our copper price forecasts to $7,000/7,250/7,500/t on a 3/6/12m basis"

[skiboy10] 08/10/2020 14:28

Expecting further news on several fronts at KAV starting with the KSZ.

[skiboy10] 01/10/2020 13:17

Kavango Resources (KAV LN) 2.7p, Mkt cap £5.2m – Interim results

Kavango Resources’ interim report for the six months to 30th June 2020 highlights the exploration potential of the Hukintsi section of the Kalahari Suture Zone (KSZ) in Botswana as well as the Strategic Joint Venture with Power Metals Resources which “will see the formation of a new, jointly owned, privately held company that is focuses on large-scale mineral exploration projects in Botswana”.

Technical work continuues to demonstrate the geological similarities between the KSZ and the major deposits of the Norilsk area in Siberia and, drawing on this analogy, Kavango “increasingly believes that Hukuntsi has the potential to host very significant copper, nickel and platinum group metal deposits”.

Alluding to the benefits of the Strategic J-V with Power Metals, Kavango’s Chairman, D J Wright, confirms that “Given the likely number and scale of these "Norilsk style" targets, the Company is readying itself to prepare for a drill campaign to test the large regional structures it has identified on the KSZ. With such a large planned operational commitment, the board felt the Company would benefit from introducing a new development partner to two licences on the KCB, and at Ditau”.

The company’s exploration of the Kalahari Copper Belt in Botswana can also be accelerated as a result of the additional resources resulting from the joint-venture.

The company also confirms that “Botswana has dealt admirably with COVID-19 and has already started to ease travel restrictions in the country. Whilst this has been helpful the company has still been somewhat restricted in the field, although this situation is now improving. In the meantime, planned extensive desktop research work has most certainly paid off especially on the Kalahari Suture Zone”.
Kavango recently reported the resumption of some field exploration in Botswana.

Conclusion: Kavango Resources has been fortunate in that restrictions on field activity coincided to an extent with planned office-based reviews of pre-existing geological data and that these have been concluded as restrictions on field operations are easing. With the strategic joint-venture with Power Metals behind it and the easing of restrictions in Botswana exploration of both the KSZ and KCB targets looks set to accelerate.

[the chairman elect] 01/10/2020 08:35

Given the likely number and scale of these "Norilsk style" targets, the Company is readying itself to prepare for a drill campaign to test the large regional structures it has identified on the KSZ.

[the chairman elect] 01/10/2020 08:00

These images confirm significant similarities between the northern (Hukuntsi) section of the KSZ and the giant Norilsk mining centre in Siberia. Norilsk accounts for 90% of Russia's nickel reserves, 55% of its copper and virtually all of its' platinum group metals.



The Company increasingly believes that Hukuntsi has the potential to host very significant copper, nickel and platinum group metal deposits.



The next steps at Hukuntsi will include our geologists selecting six of the most prospective "keels" at Hukuntsi for large loop, low frequency EM surveying to test for massive sulphide concentrations, which are known to be highly conductive.



The Company expects this work will result in the identification of high-priority targets for future drilling.

[skiboy10] 01/10/2020 07:43

Very positive statement from the company 👍

[skiboy10] 01/10/2020 07:41

Following on from Dr David Holwell's Mineral Systems Review, plus the updated Petrology Report for the KSZ which was prepared by Dr Martin Prendergast, the Company was extremely encouraged by the initial images from its computerised 3D geological modelling, developed from data obtained from the KSZ project in south-western Botswana.

These images confirm significant similarities between the northern (Hukuntsi) section of the KSZ and the giant Norilsk mining centre in Siberia. Norilsk accounts for 90% of Russia's nickel reserves, 55% of its copper and virtually all of its' platinum group metals.

The Company increasingly believes that Hukuntsi has the potential to host very significant copper, nickel and platinum group metal deposits.

The next steps at Hukuntsi will include our geologists selecting six of the most prospective "keels" at Hukuntsi for large loop, low frequency EM surveying to test for massive sulphide concentrations, which are known to be highly conductive.

The Company expects this work will result in the identification of high-priority targets for future drilling.

Most recently the Company formed a Strategic Joint Venture [SJV] with Power Metal Resources Plc who are also listed in London. The SJV will see the formation of a new, jointly owned, privately held company that is focuses on large-scale mineral exploration projects in Botswana. The SJV will enable the Company to inject new liquidity into its wider project portfolio, accelerate its plans for more extensive field exploration of the Kalahari Copper Belt Project (KCB) and focus its resources on target evaluation, followed by drilling, in the northern (Hukuntsi) section of the KSZ.

The SJV will be incorporated to enable a future separate listing, expected to be on either a Canadian or British stock exchange.

Given the likely number and scale of these "Norilsk style" targets, the Company is readying itself to prepare for a drill campaign to test the large regional structures it has identified on the KSZ. With such a large planned operational commitment, the board felt the Company would benefit from introducing a new development partner to two licences on the KCB, and at Ditau.

Each of these projects holds significant potential for discovery of substantial mineral deposits.

As we enter the last quarter of 2020, the Company looks forward to the challenges and opportunities that lay ahead. We have a great team, prospective areas under licence and with the support of our shareholders we can achieve great results.

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on social media including Twitter #KAV.

DJ Wright

Chairman

30 September 2020

[skiboy10] 01/10/2020 07:38

Two teams currently soil sampling in the field according to the interview. Then probably helicopter EM then shallow drilling to approx 100m.

[soulsauce] 01/10/2020 07:29

Cheers burtond.

[skiboy10] 01/10/2020 07:17

Edit - Posted new interview link at the same time

[burtond1] 01/10/2020 07:17

Interview with @TMSreachTime really is of the essence for @KavangoRes Here, #KAV founder Mike Moles explains to @copytaster how the restart of field work means the joint ventures have caught up on lost time and also when results from soil sampling are expected...https://total-market-solutions.com/2020/10/01/kavango-resources_october-2020/

[palace pete] 30/9/2020 19:59

With 12 of the 14 boxes ticked de risking as we go.

[gasmanmick] 30/9/2020 17:50

Skiboy JV with LV
Thank you again for your posts not sure why Kav not talking about this.
It’s worth mentioning that during a proactive interview last year or year before Mike Moles stated that Ditau was a cash cow for exploring the main target KSZ,the copper plays are the same the power JV is an example so if they hit some copper this could also help to fund extra exploration in the KSZ strengthening their position in any deal.
So fingers crossed.
Remember this is high risk high reward stuff good luck.

[flashheart] 30/9/2020 15:42

Nor me ha ha.

[soulsauce] 30/9/2020 15:41

Me neither cash shhhhhh mums the word.

[cashandcard] 30/9/2020 14:50

D220,


I have not finished accumulating - keep it hush hush for now - please!


Cash

[skiboy10] 30/9/2020 14:30

Gasmanmick that’s a good point that the LV joint venture licences (with potential for a 90% interest) are separate from the POW JV and are v close to the MOD T3 mine.

I really like the way management are quite rightly focusing on the KSZ but also starting to advance the other two projects.

As Michael said yesterday it should be an extremely exciting 12 months ahead.


“The first Joint Venture is with LVR GeoExplorers (Pty) Ltd ("LVR") and covers 1,091km2 over two prospecting licences, PL082/2018 & PL083/2018.

The LVR prospecting licenses are strategically located in the KCB and represent attractive exploration targets.

− PL 082/2018 lies 30km north of MOD Resources' T3 mine development and is completely surrounded by MOD/Metal Tiger/Sandfire prospecting licences including their T5, T6, T9, T10, T14 and T15 targets. The prospecting licence lies astride the main Ghanzi - Maun tarred highway.

− PL 083/2018 is close to the Namibian border south of the Trans-Kalahari Highway and adjacent to a block of PL's held by Kopore Metals Limited.

The second Joint Venture is with Power Metal Resources Plc and covers 1,294km2 over two prospecting licences, PL036/2020 and PL037/2020 (the “Power Metal JV”). These lie in a highly prospective area immediately south of the district capital of Ghanzi, and are along strike to the west of Sandfire Resource's T3 and A4 Dome copper-silver discoveries.

Kavango and its Joint Venture partners plan to drill, once suitable targets have been identified.

The position of Kavango’s KCB Joint Venture prospecting licences can be viewed on the Company’s website.”

[flashheart] 30/9/2020 12:37

Couldn't believe my luck. Picked up another 160k at 2.694, below mid.